Wednesday, January 10, 2018

Buffett: "I Would Buy A Five-Year Put On Every Cryptocurrency"

Warren Buffett doubled down on his criticism of bitcoin Wednesday during an interview with CNBC, where he said he"s almost certain the cryptocurrency craze "will end badly" and that the current runup in value will be fleeting. But paradoxically, he also admitted that he "doesn"t know anything" about digital currencies after saying he would eagerly buy five-year puts on "every one of the cryptocurrencies."

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