Buffett's Last Harsh Words Before Retirement: Bitcoin is Rat Poison, Sticking to It!

This old man is really stubborn! The 94-year-old stock god Buffett just dropped a bombshell at the shareholder meeting — officially retiring at the end of the year!

The myth of leading Berkshire for 55 years and making 5.5 million times the profit has come to an end, but what's even more explosive is the last few shots he's fired at the crypto world before retirement.

This old-school investment tycoon’s hatred for BTC is practically ingrained in his DNA! Starting from that 2018 remark, "Cryptocurrency is definitely going to fail," to 2023 still blasting Bitcoin as a "gambling chip," the old man has turned the phrase "Bitcoin rat poison" into his personal label.

The most extreme is that statement, "Even if I could buy a five-year put option on Bitcoin, I wouldn't even blink," how much hatred must that be?

But if you think about it, this old man is actually very shrewd. He talks about how amazing blockchain technology is, then turns around and calls Bitcoin "Shell 2.0" (didn’t Sun Yuchen get his face swollen from that dinner?).

Does this operation seem familiar? It’s the same trick used by Wall Street old foxes like JPMorgan's Jamie Dimon and BlackRock's Larry Fink — I’ll use the technology, but don’t expect me to promote the coin price. As a result, now BlackRock is secretly getting into Bitcoin ETFs; the law of "it’s good only when I do it" may be late but has arrived.

It’s not surprising that Buffett is acting this way; he doesn’t even touch gold or oil, just loves tangible "real goods" like Coca-Cola and Apple.

But if you say he’s conservative, back in 2016 at the age of 70 he still dared to go all in on Apple, and now Apple has become Berkshire’s number one heavy investment. So, the old man doesn’t not understand innovation; he simply looks down on the crypto world’s "air value" theory.

The most ironic thing is, when he said, "Bitcoin can't grasp the value of blockchain at all," Vitalik was busy reconstructing the world computer with ETH, and Satoshi Nakamoto's white paper was being written into Harvard Business School textbooks.

Now BlackRock's spot ETF is raking in billions of dollars daily; I wonder if the old man will have a few more glasses of Coke at his retirement dinner while watching the era of dividends he missed out on? #美联储FOMC会议