The head of Berkshire Hathaway and legendary investor Warren Buffett in an interview with CNBC stated that bitcoin is “rat poison in the square.” About this in his Twitter told reporter Becky quick.
.@WarrenBuffett on bitcoin just now: “it’s probably rat poison squared.” #brk2018
— Becky Quick (@BeckyQuick) 5 may 2018.
It is worth noting that Warren Buffett started to criticize cryptocurrency in October last year, when he called bitcoin a “real bubble.” He also stressed that industry after some time waiting for the collapse.
However, he added that he knows nothing about digital currencies, so not going to open long or short positions in the new market.
The Buffett did not stop and recently said that buying bitcoins is rather a gamble than an investment.