Berkshire Hathaway CEO Warren Buffett says he won’t buy all the bitcoin in the world for $25.
Warren Buffett and Charlie Munger talked about bitcoin during Berkshire Hathaway’s annual shareholders meeting Saturday.
Whether it goes up or down in the next year, or five or 10 years, I don’t know.
He would also pay $25 billion for a 1% interest in all the apartment houses in the country.
You can come up with all kinds of things — we can put up Berkshire coins … but in the end, this is money,” he added, holding up a $20 bill.
“In the first place, it’s stupid because it’s still likely to go to zero,” Munger continued.
Munger has repeatedly slammed bitcoin.
A student of Austrian Economics, Kevin found Bitcoin in 2011 and has been an evangelist ever since.
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