WebMar 29, 2024 · Bitcoin has ‘no unique value at all’. The billionaire investor doesn’t like Bitcoin because he considers it an unproductive asset. Buffett has a well-known preference for stocks of corporations whose value — and cash flow — come from producing things. But cryptocurrencies don’t have real value, Buffett said in a CNBC interview in … WebJun 20, 2024 · He does, however, see value in Bitcoin as a store of value. Follow your own investment strategy. Buffett hasn't gone quite as far as his right-hand man, Berkshire …
Warren Buffett Likens Bitcoin to Gambling and Chain Letters in …
Now comes the interesting part. In an act of support, Nubank made the decision to allocate 1% of the cash on its balance sheet to Bitcoin. The company said the move was made to "strengthen the company's conviction" in the potential of Bitcoin. As of June 30, Nubank had roughly $3.1 billion in cash. With 1% … See more The company is Nubank (NU1.02%), and it's revolutionizing banking in Latin America. Nubank is based in Brazil but serves customers in … See more This is surely a broad assumption and only meant to speculate a bit, yet there is an angle here that is worth mentioning: Bitcoin continues to permeate the financial world. Naysayers like … See more Web1 day ago · Warren Buffet's problem with Bitcoin. ... You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from ... sweatpants for men sale
Warren Buffett and Bitcoin : r/Bitcoin - Reddit
WebJan 26, 2024 · Here are three reasons Buffett won’t go near it. 1. It has ‘no unique value at all’. The billionaire investor doesn’t like Bitcoin because he considers it an unproductive asset. Buffett ... Web1 day ago · "Something like bitcoin, it's a gambling token," Buffett says. "It doesn't have any intrinsic value." ... Buffett praises Abel for putting $100 million of his own money into Berkshire at the same ... WebAug 23, 2024 · Warren Buffett doesn't directly own any Bitcoin. On more than one occasion, he's made his voice heard on how he believes the cryptocurrency is worthless … sweat pants for men size 3x