Monday, February 24, 2020

Warren Buffett Slams Cryptocurrencies

During an interview this morning with Becky Quick on CNBC, billionaire financier Warren Buffett made clear that he would never own any cryptocurrencies.



He is a little bit confused in his attack, since paper money has no intrinsic value either, but his fundamental point is solid but he clearly doesn't understand the regression theorem.

-RW


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