In the world of bitcoin, there are a lot of conflicting opinions. This is especially true when it comes to the bitcoin price, which is always a subject of heavy debate. Warren Buffett recently claimed Bitcoin is worse than “rat poison squared.” Leave it up to the media to claim this is the main reason why the Bitcoin price is dropping slightly over the weekend.
The Opinion by Warren Buffett is Meaningless
While everyone in the world is entitled to their opinion, it doesn’t make them right by default. Warren Buffett illustrates that point rather clearly. More specifically, he called Bitcoin “rat poison squared.” This is not a surprising development, as Buffett has opposed Bitcoin for as long as most people remember. Whether this is due to misunderstanding or just an unfounded bias, remains to be determined.
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