Warren Buffett and Charlie Munger have always been strong critics of cryptocurrency, especially Bitcoin. The main reason for their criticism is that Bitcoin does not hold intrinsic value like any traditional investment (such as stocks or real estate), but its price is solely dependent on supply and demand.
On the other hand, crypto advocates argue that Bitcoin is like digital gold that is becoming more stable and valuable over time, especially when issues like inflation are rising in the traditional financial system.
What do you think about this? Do you consider Bitcoin a good investment or do you agree with Buffett's opinion?
