🧰Buffett Steps Down, But Bitcoin Still “Rat Poison Squared”

Warren Buffett, the 94-year-old investing legend and long-time CEO of Berkshire Hathaway, is officially stepping down. Taking his place is Greg Abel — a close confidant and heir-apparent for years. Yet despite the leadership change, analysts believe one thing will remain untouched: Berkshire’s disdain for Bitcoin and crypto assets.

Buffett, known for calling Bitcoin “rat poison squared,” will stay on the board of directors. His influence will continue to shape the company’s investment philosophy — one deeply skeptical of crypto.

Greg Abel is expected to maintain that stance. As analysts put it, “He won’t risk the firm’s legacy or go against its founders’ views.” This means Berkshire is unlikely to touch crypto anytime soon — no matter how big the industry grows.

Buffett and his late partner Charlie Munger were crypto’s harshest critics:

• “Bitcoin is rat poison squared.” – Buffett

• “Crypto is disgusting and its supporters are deluded.” – Munger

• “Bitcoin is not productive. It’s a gambling token.” – Buffett

• “Crypto investing is like cheering your neighbor who overpaid for a house.” – Munger

• “I wouldn’t buy Bitcoin even for $25.” – Buffett

• “Crypto is financial AIDS. It should be banned.” – Munger

These quotes reflect not just disagreement — but open hostility.

While many institutions are embracing digital assets, Berkshire remains a fortress of old-school finance. And with Abel at the helm, don’t expect a Web3 pivot anytime soon.

But here’s a thought, #AMAGE community:

The loudest voices claiming “I’ll never touch Bitcoin” — are they the ones who already bought in years ago?

After all… isn’t it always the thief who screams loudest that he’s not a thief?

What do you think?