Warren Buffett Called Bitcoin A ‘Delusion’ And Jamie Dimon Isn’t A Fan Either, But They Don’t Mind The Technology That Lies Beneath
Posted On April 10, 2025
Warren Buffett, legendary stock picker and one of the world’s wealthiest individuals, has refused to include Bitcoin (CRYPTO: BTC) in his portfolio, with an aversion so strong that even shorting the asset is a strict no-no.
Interestingly, the “Oracle of Omaha,” like a few other detractors, does not view the underlying blockchain technology with the same disdain.
What happened: During an interview with CNBC in February 2019, Buffett dissed Bitcoin, deeming it a “delusion” and an asset that lacks unique value.
Notably, amid the Bitcoin bashing, the Berkshire Hathaway CEO referred to blockchain as “important.”
Buffett went on to say that people “smarter” than him explained to him that blockchain does not depend on …
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