Warren Buffett says cryptocurrencies are certain to come to bad ending
1 min read . Updated: 10 Jan 2018, 08:43 PM ISTWarren Buffett said he's no fan of cryptocurrencies like bitcoin and is confident that the run up in their value is fleeting
Seattle/New York: Warren Buffett said he’s no fan of cryptocurrencies like bitcoin and is confident that the run up in their value is fleeting.
“In terms of cryptocurrencies, generally, I can say almost with certainty that they will come to a bad ending," Buffett said in an interview on CNBC on Wednesday.
“Now when it happens, or how or anything else, I don’t know. But I know this: If I could buy a five year put on every one of the cryptocurrencies, I’d be glad to do it but I would never short a dime’s worth." Bloomberg
