Billionaire investor Warren Buffett (Warren Buffett) in an interview with Yahoo Finance he explained, why not consider bitcoins and other cryptocurrencies investment, and sees them as rather “speculative games” in which participants are not even aware what they are doing.

In his opinion, buying a farm or an apartment building can be considered an investment, since it will bring their owner profit. At the same time, bitcoin and other cryptocurrencies “produce nothing” and can only be more expensive than the resold on.

Recall reneebaby called cryptocurrency “the real bubble” and predicted their future with a bad end.