Warren Buffett & Bitcoin: Get Ready to Rumble

From fool.ca

Warren Buffett isn’t a big fan of cryptocurrencies like Bitcoin. “Cryptocurrencies basically have no value,” he once told CNBC. “You can’t do anything with it except sell it to somebody else. But then that person’s got the problem.” Buffett capped the interview with dramatic flair. “I don’t own any cryptocurrency,” he concluded. “I never will.” There’s only one problem: Buffett has reversed course before, and he will again with Bitcoin. Sometimes people are wrong For decades, Buffett promised that he would never invest in airlines. “The airline business has been extraordinary. It has eaten ... (full story)