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In the 2018 annual shareholder meeting for Berkshire Hathaway, Buffett called the digital currency Bitcoin “probably rat poison squared. ...
Billionaire Warren Buffett memorably described Bitcoin as “rat poison squared” during a shareholder meeting in April 2022. Bitcoin was trading near $40,000 at the time.
Follow along with all of Business Insider's coverage of the Berkshire Hathaway annual meeting 2018. Warren Buffett, who hasn't shied away from letting his opinion of cryptocurrencies be known, has ...
[53] He repeated the warning in 2018 calling bitcoin "probably rat poison squared". He believes that bitcoin is a non-productive asset. "When you're buying nonproductive assets, all you're counting on is the next person is going to pay you more because they're even more excited about another next person coming along." [77]
Currently sitting in sixth on Forbes' Real-Time Billionaires List, Berkshire Hathaway co-founder, chairman and CEO Warren Buffett is a first-rate example of an investor who stuck to his core ...
Tetramethylenedisulfotetramine (TETS) is an organic compound used as a rodenticide (rat poison). [2] It is an odorless, tasteless white powder that is slightly soluble in water, DMSO and acetone, and insoluble in methanol and ethanol. It is a sulfamide derivative. It can be synthesized by reacting sulfamide with formaldehyde solution in ...
A major bitcoin exchange, Bitfinex, was compromised by the 2016 Bitfinex hack, when nearly 120,000 bitcoins (around US$71 million) were stolen in 2016. [61] Bitfinex was forced to suspend its trading. The theft was the second-largest bitcoin heist ever, dwarfed only by the Mt. Gox theft in 2014.
Yahoo Finance’s David Hollerith joins the Live show to discuss Warren Buffett’s take on bitcoin at the 2022 Berkshire Hathaway Annual shareholders meeting.