> Warren Buffett Blog: Bitcoin could implode says Warren Buffett

Tuesday, November 7, 2017

Bitcoin could implode says Warren Buffett

Warren Buffett is not a fan of Bitcoin. In a recent interview with Marketwatch he sounded bearish on Bitcoin as an investment,
"You can’t value bitcoin because it’s not a value-producing asset."
"It doesn't make sense. This thing is not regulated. It's not under control. It's not under the supervision [of] any...United States Federal Reserve or any other central bank. I don't believe in this whole thing at all. I think it's going to implode."