Billionaire investor Buffet attacks bitcoin, crypto community responds.

May 2, 2022

American billionaire investor once again attacked bitcoin saying he wouldn’t buy all the bitcoins for even $25.

Attacking bitcoin’s intrinsic value, the billionaire said that it does not produce anything tangible.

Warren Buffett’s partner Charlie Munger was quite harsh on the leading cryptocurrency as well. He said that bitcoin is likely to go to zero.

Speaking at Berkshire Hathaway Annual Shareholder meeting, Munger called bitcoin stupid, evil and it “makes you look bad.”

The crypto community was quick to respond to these billionaire investors. Elon Musk tweeted, “haha he says ‘Bitcoin’ so many times.”

MicroStrategy CEO Michael Saylor said, “everyone can’t stop talking about Bitcoin,” referring to Warren Buffett’s comments.

Earlier, PayPal co-founder Peter Thiel had labeled Warren Buffett as “no.1 enemy of bitcoin” and called him “sociopath grandpa from Omaha.”