Why doesn't Buffett invest in Bitcoin?
Buffett once said: Bitcoin is rat poison.
And what is a rat? Of course it is a bank. Many people always like to emphasize the "decentralized" characteristics of Bitcoin, which I think is not quite accurate.
Bitcoin should be a "decentralized" thing. What is the world's largest intermediary? It is the banking system.
Coincidentally, Buffett's favorite holding is bank stocks. So, do you expect Buffett to praise Bitcoin? And with Buffett's current net worth, he doesn't need to invest in Bitcoin, right?
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