$BTC Billionaire investor Warren Buffett has likened Bitcoin to “rat poison,” stating that those who invest in it do so purely in the hope of selling it at a higher price to someone else. Ahead of Berkshire Hathaway’s annual meeting, Buffett compared Bitcoin’s demand to the 17th-century Dutch tulip mania, suggesting that its price surge is driven by speculation rather than intrinsic value, according to The Telegraph.
Meanwhile, Berkshire’s vice chairman and Buffett’s longtime partner, Charlie Munger, went even further, dismissing Bitcoin as completely worthless.
With these strong warnings from legendary investors, a major crash may be imminent—consider selling before it’s too late. $BTC #BitcoinBounceBack