Warren Buffett gives his most expansive explanation for why he doesn’t believe in bitcoin

Bitcoin has steadily been gaining acceptance from the traditional finance and investment world in recent years but Warren Buffett is sticking to his skeptical stance on bitcoin.He said at the Berkshire Hathaway Annual Shareholder meeting Saturday that it’s not a productive asset and it doesn’t produce anything tangible. Despite a shift in public perception about the cryptocurrency, Buffett still wouldn’t buy it.”Whether it goes up or down in the next year, or five or 10 years, I don’t know….
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