- Jun 15, 2018
Berkshire Hathaway CEO and crypto critic Warren Buffett has likened bitcoin to a seashell that “just sits there” for its purported lack of real use value. “It doesn’t do anything. It just sits there. It’s like a seashell or something, and that is not an investment to me,” he said. Buffett used this metaphor during a press meeting ahead of the Berkshire Hathaway annual shareholders’ meeting in Omaha, Nebraska, CNBC reported on May 4.
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