January 10th, 2018

Bitcoin craze headed for ‘bad ending’ warns billionaire Warren Buffett

Mr. Buffett believes the bitcoin craze will end in disaster, and is not about to buy a stake in any cryptocurrency. He told CNBC: “In terms of cryptocurrencies, generally, I can say with almost certainty that they will come to a bad ending. “When it happens or how or anything else, I don’t know.” The chairman and CEO of Berkshire Hathaway said he does not own any cryptocurrencies and will not take a position in bitcoin futures.

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