Financial Associated Press, May 1 (Editor Liu Rui) At the Berkshire Hathaway shareholders meeting held on April 30, local time, “stock god” Buffett and his friend Munger once again firmly expressed their interest in Bitcoin. Aversion to cryptocurrencies, saying it is not a productive asset and does not generate any value. In fact, both veteran investors have been anti-Bitcoin for years. Buffett has previously dismissed bitcoin as “rat poison squared,” calling it a worthless illusion. Munger, meanwhile, called for a U.S. ban on cryptocurrencies and expressed dissatisfaction with the massive speculation behind the rise in cryptocurrency prices in recent years. Bitcoin has no value Buffett said of Bitcoin at a shareholder meeting: “I don’t know if the price will go up or down in the next year, or in the next 5 or 10 years. But one thing I’m sure of, that It just doesn’t generate any value.” Buffett explained in detail why he thinks bitcoin has no value by comparing it to apartments and farmland. Buffett said if you say you pay 25 .
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