Buffett, Dalio, and other investment moguls have consistently held a critical view of Bitcoin.

As successful figures and thought leaders in the traditional financial sector, they may find it difficult to understand or be unwilling to accept the arrival of the new digital economy era.

History tends to repeat itself; the successful figures of the past often become the opponents of change in a new era.

As a vested interest in traditional finance, Buffett naturally dislikes changes to the rules of the game. This is akin to how Tesla faced suppression from traditional gasoline vehicles when it first emerged, or how Einstein strongly opposed Bohr's quantum mechanics theory.

Progress is made through the collision of old and new ideas.