Warren Buffett says he will never buy a Bitcoin!
I can say with almost certainty that they will come to a bad ending,” the Berkshire Hathaway CEO said during an interview with CNBC.
Mr. Buffett, known for his often-prescient investing decisions, acknowledged that “virtually everybody” had seemingly expressed interest but said he would not invest in cryptocurrency.
“We don’t own any; we’re not short any, we’ll never have a position in them,” he said.
But skeptics have come around somewhat, with JP Morgan Chief Executive Jamie Dimon saying he regretted calling bitcoin a fraud.
Does Mr. Buffett mean he will never buy a bitcoin, but he will create an another altcoin? Isn't his move smart?