{"id":3301,"date":"2024-11-26T11:18:52","date_gmt":"2024-11-26T11:18:52","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=3301"},"modified":"2024-11-26T11:18:52","modified_gmt":"2024-11-26T11:18:52","slug":"warren-buffett-once-predicted-a-bad-ending-for-crypto-since-then-the-sectors-market-cap-has-quadrupled-riding-on-the-bitcoin-dogecoin-waves","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=3301","title":{"rendered":"Warren Buffett Once Predicted A &#8216;Bad Ending&#8217; For Crypto. Since Then, The Sector&#8217;s Market Cap Has Quadrupled, Riding On The Bitcoin, Dogecoin Waves"},"content":{"rendered":"<div>\n<p>Veteran Wall Street investor <strong>Warren Buffett <\/strong>is known for his unabashed takes on cryptocurrencies and has never shied away from voicing his disapproval in the harshest terms possible.<\/p>\n<p><strong>What happened<\/strong>: Buffett has made <strong>Berkshire Hathaway <\/strong>into one of the world\u2019s most valuable corporations through a succession of acquisitions and investments over the years, becoming <a href=\"https:\/\/www.benzinga.com\/general\/movers-shakers\/21\/08\/17298128\/warren-buffett-turns-91-a-highlight-for-each-decade-of-his-life-1\">one of the most followed stock investors<\/a> globally.<\/p>\n<p>However, cryptocurrency as a financial asset has failed to capture the interest of the \u201cOracle of Omaha.\u201d<\/p>\n<p>During a January 2018 <a href=\"https:\/\/buffett.cnbc.com\/video\/2018\/01\/10\/buffett-sets-the-stage-for-ceo-succession--full-interview.html?&amp;start=2225\">interview <\/a>with CNBC, Buffett said he sees little hope for the asset class.<\/p>\n<p>\u201cIn terms of cryptocurrencies generally, I can say almost with certainty that they will come to a bad ending,&#8221; he argued. &#8220;If I could buy a five-year put on every one of the cryptocurrencies, I&#8217;d be glad to do it, but I would never short a dime&#8217;s &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/24\/11\/42184221\/warren-buffett-once-predicted-a-bad-ending-for-crypto-since-then-the-sectors-market-cap-ha\" alt=\"Warren\" buffett once predicted a ending for crypto. since then the sector market cap has quadrupled riding on bitcoin dogecoin waves>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Veteran Wall Street investor Warren Buffett is known for his unabashed takes on cryptocurrencies and has never shied away from voicing his disapproval in the harshest terms possible. What happened: Buffett has made Berkshire Hathaway into one of the world\u2019s most valuable corporations through a succession of acquisitions and investments over the years, becoming one [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-3301","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/3301","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=3301"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/3301\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3301"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3301"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3301"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}