Buffett said: 'This asset (Bitcoin) itself does not create anything. When you buy this non-productive asset, the only thing you expect is that the next person is willing to pay a premium for your Bitcoin because this person Like you, looking forward to the next buyer willing to pay a higher price. '
At the Berkshire Hathaway shareholders meeting last Saturday, Buffett also likened bitcoin to 'rat poison'. He said that the end result of digital cryptocurrencies would be bad because it did not produce any The value associated with this asset. The value of this type of asset depends on more people entering the market, and the holder then sells to the person who took the order at a higher price than the purchase price.
Prior to this, Buffett also attacked Bitcoin several times. As early as 2014, Buffett had warned: 'Deep away from Bitcoin. It is basically just a kind of phantom, is a way to transfer funds.' Earlier this year, Buffett Said again: 'It is safe to say that digital cryptocurrencies will not have a good ending.' He also said: 'I don't have Bitcoin and I will never have it.'
In addition to Warren Buffett, many business leaders also warned about the risks of investing in digital cryptocurrencies. For example, JP Morgan CEO Jamie Dimon once stated that digital cryptocurrency is a kind of 'fraud'. The Nobel Prize in Economics The winner, Yale professor Robert Shiller, once stated that Bitcoin may continue to exist for some time but it will eventually 'completely collapse'.
At the same time, however, some analysts are optimistic about Bitcoin. For example, Kay Van-Petersen, an analyst at Saxo Bank in Denmark, said in January that the highest price of Bitcoin this year Reached 100,000 U.S. dollars.