Warren Buffett doesn’t trust Bitcoin because he believes it lacks intrinsic value.

Here is How?

1. No Productive Value – Buffett argues that Bitcoin doesn’t represent something that generates wealth, like land or a business. Stocks and real estate produce returns over time, whereas Bitcoin’s value depends purely on what people are willing to pay for it.

2. Pure Speculation – He considers Bitcoin a "gambling token", meaning people buy it only in the hope that its price will rise, rather than because it has real underlying value.

3. Regulatory and Fraud Concerns – Cryptocurrencies, including Bitcoin, have been linked to illegal activities, scams, and hacking, which makes them risky for investors.

4. No Economic Contribution – Unlike businesses that create jobs and drive economic growth, Bitcoin doesn’t contribute to a country’s economy in any meaningful way.

5. "Rat Poison Squared" – Buffett famously called Bitcoin "rat poison squared", suggesting he sees it as not just worthless but actively harmful.

Buffett prefers investments with strong financial fundamentals and long-term value, and he believes Bitcoin doesn’t meet these criteria.

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