Bitcoin's Tragic End

Bitcoin's Tragic End

Bitcoin grew up 1,900% last year before it fell again. Legendary investor Warren Buffett has warned that Bitcoin users face a disaster, saying that cryptomoneds will go bankrupt. But experienced regulators, bankers and traders warn that this virtual coin is a “poisonous bubble” which will be [...]

Legendary investor Warren Buffett has warned that Bitcoin users face a disaster, saying that cryptomoneds will go bankrupt.

But experienced regulators, bankers and traders warn that this virtual coin is a “poisonous bubble” that will destroy many people involved.

Buffett é known for his incredible money-making skills said: “In terms of cryptocles, in general, I can say with certainty that they will have a bad end of”.

Kriptomoneds are a version of internet money... unique digital parts that can be transferred from one person to another, where the most popular of them is Bitcoin.
When or how you don't know” will happen, he said in an interview for CNBC. Berkshire Hathaway CEO refused to tell if he invested in Bitcoin.

We don't have any, we're not in any of them, we'll never be”, he said.

 

Related
The First Space Periodic Mission

The First Space Periodic Mission

Audus presents the fastest and most powerful supermachine in his history

Audus presents the fastest and most powerful supermachine in his history

Britain to use artificial intelligence to verify the age of asylum seekers

Britain to use artificial intelligence to verify the age of asylum seekers

Good news from YouTube: Videos with artificial intelligence will be clearly labeled

Good news from YouTube: Videos with artificial intelligence will be clearly labeled

EU fines Chinese giant Temu at 200m euros for dangerous children's toys and damaged chargers

EU fines Chinese giant Temu at 200m euros for dangerous children's toys and damaged chargers

The Internet has been partially restored to Iran, says organisation overseer

The Internet has been partially restored to Iran, says organisation overseer

The Ferrari represents the first electric car, it costs $640,000.

The Ferrari represents the first electric car, it costs $640,000.

Stellantis presents ambitious plan for new models

Stellantis presents ambitious plan for new models

Why doesn't gold rust? Scientists detect “atomic reasoning” following the endurance of precious metal

Why doesn't gold rust? Scientists detect “atomic reasoning” following the endurance of precious metal

Musk loses battle for OpenAI control, court gives Altman justice

Musk loses battle for OpenAI control, court gives Altman justice

Mercedes - AMG discovered its first four-door electric vault

Mercedes - AMG discovered its first four-door electric vault

This Toyota model fails on security tests

This Toyota model fails on security tests

The pilot robot “mecha” appears on the market

The pilot robot “mecha” appears on the market