Warren Buffett no longer considers Bitcoin to be “rat poison squared,” now calls it a “gambling token”
Join Our Telegram channel to stay up to date on breaking news coverage Warren Buffett, the legendary investor and chairperson of Berkshire Hathaway, became quite well-known as one of the biggest Bitcoin skeptics in the broader financial industry. In the past, Buffett called the asset “rat poison squared.” Despite multiple attempts to explain the benefits of digital assets to him — including Justin Sun’s private dinner with him — he still seems unconvinced. Warren Buffett now thinks of crypto investing as gambling In his recent interview, Buffett took another swing at Bitcoin, calling it a “ gambling asset” and denying that it has any intrinsic value. This stance seems like Buffett’s anti-Bitcoin ideology was somewhat softened, as he now seems to understand its use in speculative investing. While comparing the crypto market to gambling , he said: “We’ve had an explosion of gambling . I like to bet on a football game i...