🐭💥 "Rat Poison Squared".. Was Warren Buffett right about Bitcoin?
In 2018, American billionaire Warren Buffett launched one of the most famous and controversial statements in the financial world when he described Bitcoin as:
> "Rat Poison Squared".
The statement was not just a passing opinion, but a shock in the cryptocurrency community. Buffett, known for his investments in traditional companies like Coca-Cola and Bank of America, considered Bitcoin to have no real value, as it does not produce anything nor generate a return. In his view, it is merely a tool for speculation that could lead to painful losses for impulsive investors.
However, years after his statement, Bitcoin is still alive, even surpassing the $60,000 mark on many occasions, with giant companies like "MicroStrategy" and "Tesla" investing in it.
So, is Bitcoin really "Rat Poison"? Or is it digital gold reshaping the global financial system?
Only time will tell.
