Warren buffett on cryptocurrency

warren buffett on cryptocurrency

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Warren buffett on cryptocurrency Satoshi bitcoin
Which bitcoins to invest in What is Blockchain. The Latest in Finance. She and her analysts share their outlooks on the economy, bitcoin, and Tesla. Related Terms. Buffett has been a long-time critic of cryptocurrency.
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The stock trades at just under 19 times earnings per the medium term. PARAGRAPHHere's how to diversify your Lennar Corporation LEN sometime in the second quarter of.

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Warren Buffett on bitcoin and crypto: We've had an explosion of gambling
"A cryptocurrency is not a currency, not a commodity, and not a security," he writes. "Instead, it's a gambling contract with a nearly % edge. The Oracle of Omaha famously believes cryptocurrencies are highly speculative, non-productive assets. The $1, investment would be worth $3, today based on a price of $34, for Bitcoin at the time of writing. This represents a return.
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