In an interview early Wednesday with CNBC’s “Squawk Box,” Warren Buffett again shared his thoughts on bitcoin BTCUSD and crypto more broadly, likening them to the gambling he has seen throughout his life.
“I didn’t like chain letters when I was a kid. I thought, why in the world should I send along a chain letter?” said Buffett. “I’ve seen people do stupid things all my life. And I really, I empathize with that. I mean, people like to play the lottery. … People love the idea that they’re going to make more money tomorrow.”
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This post was originally published on Market Watch
