Buffett poured a bucket of cold water on the crazy rise of Bitcoin in the United States. He stated that even if offered at $25, he would never buy Bitcoin. Buffett emphasized that Bitcoin has no intrinsic value and is not a productive asset.
Observing the recent skyrocketing of Bitcoin, it is not difficult to find that this is just a deception created by Americans to fool the world. The main purpose of the United States promoting Bitcoin is to lure the world with its identity as a virtual currency and attract capital into the market. Because only with a large influx of capital can Bitcoin maintain its rapid operation, thus leveraging the global market.
We have always rejected and do not recognize Bitcoin, so no matter how wildly Bitcoin rises, it cannot operate in our country. This is because we have long defined Bitcoin as illegal, which is precisely the most difficult aspect for the United States, and the key reason it cannot attract international capital to enter the market.