In news that should surprise nobody, billionaire investor Warren Buffett has once again thrown shade at Bitcoin (BTC) and the accompanying cryptocurrency market.
‘It Attracts Charlatans’
The famous American business magnate told CNBC’s Becky Quick on Monday’s “Squawk Box”:
Bitcoin has no unique value at all. It is a delusion, basically. […] It attracts charlatans. If you do something phony by going out and selling yo-yos or something, there’s no money in it — but when you get into Wall Street, there’s huge money.
Of course, this is not Buffett’s first stab at the first and foremost cryptocurrency, having previously called it “rat poison squared” and various other headline-worthy but unsubstantiated insults.
Furthermore, as is frequently the case with prominent nocoiners, Buffett didn’t shy away from…