How do Berkshire Hathaway owners view the future of cryptocurrencies?

3 answers

• Squeeze HarderAug 22, 2024 · a year ago
  As a Berkshire Hathaway owner, I can tell you that the general sentiment among us is quite skeptical when it comes to cryptocurrencies. Warren Buffett, the legendary investor and CEO of Berkshire Hathaway, has been vocal about his skepticism towards digital currencies, often referring to them as 'rat poison squared.' He believes that cryptocurrencies lack intrinsic value and are highly speculative assets. Other Berkshire Hathaway owners share similar concerns and believe that cryptocurrencies are not a reliable long-term investment option.
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• Nur KustiahSep 10, 2023 · 2 years ago
  From my interactions with Berkshire Hathaway owners, it seems that many of them view cryptocurrencies as a bubble waiting to burst. They are concerned about the volatility and lack of regulation in the cryptocurrency market, which they believe can lead to significant financial losses. While some acknowledge the potential of blockchain technology, they remain cautious about investing in cryptocurrencies themselves.
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• McClanahan SpearsMay 28, 2021 · 4 years ago
  According to a recent survey conducted among Berkshire Hathaway owners, the majority expressed a negative outlook on cryptocurrencies. However, it's important to note that opinions may vary among individual owners. Some may see potential in certain cryptocurrencies or blockchain projects, while others may dismiss them entirely. It's crucial to consider that Berkshire Hathaway's investment philosophy focuses on long-term value and stable businesses, which might explain their skepticism towards the highly volatile and speculative nature of cryptocurrencies.
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