> Warren Buffett Blog: Warren Buffett disses Bitcoin

Thursday, March 20, 2014

Warren Buffett disses Bitcoin

On an interview on CNBC Buffett on Bitcoin said, "Stay away from it...It’s a mirage, basically. It’s a very fast money order, anonymously.”

“It’s a method of transmitting money. It’s a very effective way of transmitting money, and you can do it anonymously and all that. A check is a way of transmitting money, too. Are checks worth a whole lot of money just because they can transmit money? “