‘Stay Away from Bitcoin. It’s a Mirage,’ Says Warren Buffett

Warren Buffett, who earlier this month said he wouldnโ€™t own bitcoin because he doesnโ€™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 withย CNBCย on 14th March 2014. He warned investors to stay away from Bitcoin and other digital currencies โ€œIt is a mirage basicallyโ€, he insisted. That is pretty obvious that Warren doesnโ€™t believe in Bitcoin long-term potential. He also maintained that cryptocurrencies have a lack of intrinsic value, though he concededย that they…