Pretty sure he’s the one that said crypto is bullshyt
Indeed,
Some notable quotes
Years ago, he noted that bitcoin is “probably rat poison squared” and an unproductive asset with “no unique value.”
In 2018, he commented that Berkshire Hathaway will “never have a position in [cryptocurrencies].”
“Whether it goes up or down in the next year, or 5 or 10 years, I don’t know. But the one thing I’m pretty sure of is that it doesn’t multiply, it doesn’t produce anything,” he said. “It’s got a magic to it, and people have attached magic to lots of things.”
But Buffett said he wouldn’t do the same for Bitcoin, despite its current valuation of $38,000 per coin. He described his views as “the difference between productive assets and something that depends on the next guy paying you more than the last guy got.”
Warren Buffett has shared his opinions on crypto once again. Here's what it all means for investors curious about crypto.
www.forbes.com
You know what he does like, ketchup. Things people want and need to buy. Beer as another example.
Warren Buffett's $28 billion purchase of Heinz makes sense if you examine his investing habits
business.time.com