RATE Group | Warren Buffett says bitcoin is ‘probably rat poison squared’
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Warren Buffett says bitcoin is ‘probably rat poison squared’

05 May Warren Buffett says bitcoin is ‘probably rat poison squared’

Posted at 19:28h in Bitcoin News by

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Warren Buffett is still not a fan of investing in bitcoin.

The Oracle of Omaha reiterated his negative view on the cryptocurrency, according to CNBC’s Becky Quick.

Bitcoin is “probably rat poison squared,” he said. Buffett is presiding at the Berkshire Hathaway 2018 annual shareholder meeting on Saturday.

Charlie Munger, Berkshire’s vice chairman and long-time Buffett collaborator, said during the meeting that trading in cryptocurrencies is “just dementia.”

In January Buffett warned investors about the craze over bitcoin and other cryptocurrencies in interview with CNBC.

“In terms of…

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