The legendary investor and head of Berkshire Hathaway Warren Buffett has not changed his attitude to Bitcoin. In an interview with CNBC, he called the first cryptocurrency a delusion. At the same time, he stressed that he explained the nature of the blockchain technology and digital assets.
Bitcoin has no unique value at all. It is a delusion, basically. It attracts charlatans. If you do something phony by going out and selling yo-yos or something, there's no money in it — but when you get into Wall Street, there's huge money.
Head, Berkshire Hathaway
In 2007 the head of Berkshire Hathaway and the legendary investor Warren Buffett put $ 1 million on the fact that the S & P 500 stock index will surpass the dynamics of a group of five hedge funds over 10 years. In early December last year, Morgan Creek decided to make a bet for the same amount, putting on the fact that cryptocurrencies would surpass the S & P 500 for the same period.