It is not a secret that Warren Buffett doesn’t appreciate crypto. He pointed it out several times. He compared crypto to “rat poison” and a “gambling token”.
According to him, the fear of missing out on crypto with the uncertain trajectory of its future potential caused a whirlwind of excitement around it.
His long-time partner, the late Charlie Munger called crypto trading dementia. He went so far as to call the United States Government to ban crypto altogether, just like China did. Munger explained that crypto is not a currency,...