Warren Buffett: Bitcoin is 'Rat Poison Squared'

Warren Buffett

Billionaire Warren Buffett blasted cryptocurrencies at the 2018 Berkshire Hathaway annual shareholder meeting on May 5, reports Yahoo.

Buffett called bitcoin “rat poison squared,” according to CNBC reporter Becky Quick

But get this, Buffett's sidekick billionaire Charlie Munger said “I like cryptocurrency even less than Warren does … to me it’s just dementia,”  and a bitcoin trading desk is “like somebody else is trading turds and you’re being left out.”

-Robert Wenzel