Billionaire investor Warren Buffett has never been a fan of Bitcoin and has called it a gambling token and that it lacks intrinsic value.
SNEAK PEEK
- Despite Bitcoin’s recent price surge, Warren Buffet doesn’t find much value in the cryptocurrency.
- Considering Bitcoin’s popularity, Buffett doesn’t blame people for their desire to play the roulette wheel.
- Similar to Buffet, Berkshire Vice Chairman Charlie Munger is also against Bitcoin and said that it should be banned in the U.S.