Wednesday, January 10, 2018
Buffett on E-Currencies: 'I can say almost with certainty that they will come to a bad ending'
Billionaire investor Warren Buffett told CNBC this morning that the recent craze over bitcoin and other e-currencies won't end well.
"In terms of cryptocurrencies, generally, I can say with almost certainty that they will come to a bad ending," he said.
"When it happens or how or anything else, I don't know," Buffett added on CNBC's "Squawk Box". "If I could buy a five-year put on every one of the cryptocurrencies, I'd be glad to do it but I would never short a dime's worth."
-RW
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That's like saying to Garrett Camp & Travis Kalanick in 2009 fuhgeddaboutit
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