warren buffett bitcoin – DIGIT INFO

Warren Buffett Won’t Pay $25 for All Bitcoin in the World — Charlie Munger Calls BTC ‘Stupid and Evil’

DIGIT — Sun, 01 May 2022 23:30:41 +0000

Berkshire Hathaway CEO Warren Buffett says he won’t buy all the bitcoin in the world for $25. Meanwhile, his longtime business partner and right-hand man, Charlie Munger, says bitcoin is stupid and evil, noting that the cryptocurrency makes him look bad. Warren Buffett Explains Why He Won’t Buy Bitcoin Warren Buffett and Charlie Munger talked […]

Go to Source

Berkshire Hathaway’s Charlie Munger Says Government Should Ban Bitcoin — Calls Crypto ‘Venereal Disease’

DIGIT — Fri, 18 Feb 2022 01:00:49 +0000

Berkshire Hathaway Vice Chairman Charlie Munger, Warren Buffett’s right-hand man, wishes crypto would be banned immediately. He says the government made “a huge mistake” to allow cryptocurrencies, like bitcoin. “It’s like a venereal disease,” he opined. Charlie Munger Says ‘It Was a Huge Mistake’ to Allow Crypto at All Charlie Munger, Warren Buffett’s right-hand man […]

Go to Source

Binance CEO Says He and Warren Buffett Use Similar Investment Strategy but Doubts Buffett Has Skills to Keep Crypto Safe

DIGIT — Sat, 27 Nov 2021 02:00:32 +0000

The CEO of cryptocurrency exchange Binance says that he and Berkshire Hathaway CEO Warren Buffett share a similar investment strategy. However, he said he would not convince the Oracle of Omaha to invest in cryptocurrency. “I get worried if he uses crypto. He may not have the necessary skills or the knowledge on how to […]

Go to Source

Crypto-Friendly Bank Backed by Warren Buffett’s Berkshire Hathaway Plans $2 Billion IPO on Nasdaq

DIGIT — Sun, 15 Aug 2021 23:30:05 +0000

Nubank, a Brazilian digital bank backed by Warren Buffett’s Berkshire Hathaway, is reportedly planning an initial public offering (IPO) on Nasdaq. Nubank is crypto-friendly and offers investments in a bitcoin exchange-traded fund (ETF). The bank said, “The cryptocurrency ETF can be a way to further democratize access to the crypto market.” Digital Bank Backed by […]

Go to Source

Warren Buffett’s Berkshire Hathaway Invests in Bitcoin-Friendly Digital Bank

DIGIT — Thu, 10 Jun 2021 00:30:54 +0000

Berkshire Hathaway, the company led by CEO Warren Buffett, has invested $500 million in a pro-bitcoin digital bank. Nubank says it will offer bitcoin investment following its acquisition of brokerage firm Easynvest which offers the trading of Brazil’s first bitcoin exchange-traded fund (ETF). Berkshire Hathaway Invests in Pro-Bitcoin Digital Bank Warren Buffett’s Berkshire Hathaway Inc. […]

Go to Source

Arnold Schwarzenegger Follows Warren Buffett’s Crypto Investment Strategy, Keeps Away From Bitcoin

DIGIT — Mon, 10 May 2021 00:30:09 +0000

Former Governor of California Arnold Schwarzenegger has confirmed that he does not invest in bitcoin or any other cryptocurrencies. He says that he is “like Warren Buffett” in that he does not invest in things he does not understand. The CEO of Berkshire Hathaway thinks bitcoin is “rat poison squared.” Arnold Schwarzenegger Not Investing in […]

Go to Source

Berkshire Hathaway’s Charlie Munger Finds Bitcoin ‘Disgusting and Contrary to the Interest of Civilization’

DIGIT — Sun, 02 May 2021 20:30:02 +0000

Berkshire Hathaway Vice Chairman Charlie Munger, Warren Buffett’s right-hand man, says he hates bitcoin’s success. “I don’t welcome a currency that’s so useful to kidnappers and extortionists and so forth,” Munger said. Buffett, on the other hand, dodged the question about bitcoin because he did not want to upset the sheer number of investors who […]

Go to Source

Berkshire Hathaway’s Charlie Munger Advises Investors to Never Buy Bitcoin or Gold

DIGIT — Fri, 26 Feb 2021 02:05:56 +0000

Berkshire Hathaway’s vice chairman and Warren Buffett’s long-time business partner, Charlie Munger, has advised investors not to buy bitcoin or gold. He believes the cryptocurrency is too volatile to serve well as a medium of exchange. Munger also says he doesn’t know which is worse between Elon Musk’s Tesla reaching $1 trillion in market cap […]

Go to Source

Central Bank of Nigeria Denies It Has Placed New Restrictions on Cryptocurrencies — Uses Debunked Claims to Justify New Directive

DIGIT — Wed, 10 Feb 2021 09:05:05 +0000

Following the outcry over the Central Bank of Nigeria’s latest directive that targets cryptocurrencies, the institution has reaffirmed its stance with another statement. In the latest five-page document, the CBN insists that this directive is intended to protect the country’s financial system from the “risks” that are associated with cryptocurrencies. Debunked Claims Still, the central […]

Go to Source

Warren Buffett Shifts Funds From US Amid Inflation Fears, Bitcoin’s New All-Time High Expected

DIGIT — Tue, 01 Sep 2020 19:35:04 +0000

Warren Buffett has made another major investment shift, one that reduces Berkshire Hathaway’s dependence on the U.S. economy. This news followed the Federal Reserve’s policy announcement to “push up inflation,” which is seen as bullish for bitcoin, with some predicting that the price of the cryptocurrency will soon reach an all-time high. Buffett Reducing US […]

The post Warren Buffett Shifts Funds From US Amid Inflation Fears, Bitcoin’s New All-Time High Expected appeared first on Bitcoin News.

Go to Source