Would Warren Buffett Buy Bitcoin Right Now and Hold It Forever?
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Might the Oracle of Omaha, Warren Buffett, ever get on board with investing in an asset like Bitcoin, (CRYPTO: BTC) which -- on the surface -- breaks all of his traditional rules for investing?It's more reasonable than it sounds. Here's why.Buffett's disposition toward Bitcoin over the years, and also toward cryptocurrencies in general, has been one of unrestrained revulsion. He's called it "rat poison," and said that he wouldn't buy all the Bitcoin in the world, even for a rock-bottom price of $25, because "it isn't going to do anything." He sees all crypto investments as being on track for catastrophe, a view his longtime friend and investing partner Charlie Munger seemed to share.Continue readingWeiter zum vollständigen Artikel bei MotleyFool
Quelle: MotleyFool