Warren Buffett, who earlier this month said he wouldn’t own bitcoin because he doesn’t consider it a store of value or reliable means of exchange, again dismissed bitcoin on Friday. Warren Buffett, investor and Berkshire Hathaway CEO, made an interview with CNBC on 14th March 2014. He warned investors to stay away from Bitcoin and other digital currencies “It is a mirage basically”, he insisted. That is pretty obvious that Warren doesn’t believe in Bitcoin long-term potential. He also maintained that cryptocurrencies have a lack of intrinsic value, though he conceded that they…
‘Stay Away from Bitcoin. It’s a Mirage,’ Says Warren Buffett
