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Buffett Calls Bitcoin A Gambling Device
Summary: According to cnbc.com, Buffett told reporters before the annual meeting of Berkshire Hathaway's CHI Health Center in Omaha, Nebraska, that Bitcoin is a "gambling device that involves a lot of fraud." He also said, "The blockchain is very large, but it doesn't need bitcoin. Of course, JPMorgan Chase has launched their own cryptocurrency."
According to cnbc.com, Buffett told reporters before the annual meeting of Berkshire Hathaway's CHI Health Center in Omaha, Nebraska, that Bitcoin is a "gambling device that involves a lot of fraud." He also said, "The blockchain is very large, but it doesn't need bitcoin. Of course, JPMorgan Chase has launched their own cryptocurrency."
