Warren Buffett Doesn’t Mince Words About Bitcoin

Published by
The Street

By Luc Olinga The legendary investor has never been a fan of cryptocurrency; in fact, he’s one of the concept’s staunchest critics. Bitcoin is in the midst of a renaissance. The most popular cryptocurrency in recent weeks has exited the crypto winter, a prolonged period of falling prices. The price of bitcoin exceeded what its investors consider the symbolic threshold of $30,000, a level the biggest cryptocurrency had not reached since June 2022. Prices were trading around $30,033 at last check, according to data firm CoinGecko. That reflects an 81% increase this year. Bitcoin has benefited fr…

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