“Cryptocurrencies basically have no value, and they don’t produce anything. So you can look at your little ledger item for the next twenty years and it says you have x of this cryptocurrency or that. It doesn’t reproduce, it can’t mail you a check, it can’t do anything. And what you hope is that somebody else comes along and pays you more money for it later on.”
-Warren Buffett in an interview with CNBC
(read more quotes by Warren Buffett)
(read about Warren Buffett on Wikipedia)
“Bitcoin has been used, I think, to move around a fair amount of money illegally. So… so the logical move, from the introduction of bitcoin, is to go short suitcases.”
-Warren Buffett in an interview with CNBC
(read more quotes by Warren Buffett)
(read about Warren Buffett on Wikipedia)
“I don’t own any cryptocurrency, I never will… …I may start a Warren currency, you know, maybe I can create one and I’ll say there’s only going to be 21 million of them.”
-Warren Buffett in an interview with CNBC
(read more quotes by Warren Buffett)
(read about Warren Buffett on Wikipedia)
“Probably more like rat poison squared.”
-Warren Buffett in an interview with CNBC
(read more quotes by Warren Buffett)
(read about Warren Buffett on Wikipedia)
“It’s buying something because you expect the pool of people who want to buy it—because they want to sell it to someone else—will grow, and it’s wonderful because it does create a rising price, and a rising price does create more buyers, and people think I’ve got to get in on this, and it’s better if they don’t understand it… …if you don’t understand it you get much more excited if than if you understand it.”
-Warren Buffett in an interview with CNBC
(read more quotes by Warren Buffett)
(read about Warren Buffett on Wikipedia)
Like The Topic?
Read more quotes on: