Warren Buffet, who stated in 2018 that “it will be a bad ending” for Bitcoin and stated that his company Berkshire Hathaway will never invest in Bitcoin or cryptocurrency, added another to these exits. in the world’that he won’t even give $25 to all Bitcoins’ This statement by Buffet, who called it “worthless,” could affect the behavior of cryptocurrency investors, whose number reaches tens of millions.

At the annual shareholder meeting of Berkshire Hathaway, the world’s second largest conglomerate, Buffet said that Bitcoin is “something magical and that people act in a way that is immersed in this spell.told.

“I don’t know if it can rise or fall in the next year or in 5 to 10 years. But of one thing I know for sure that (Bitcoin) will not yield anything.”

“If you tell me now that you own all the Bitcoins in the world and in return” If you ask $25, I won’t give it. Because what am I going to do with them when I get them? I have to sell it to you or someone else. It does no good.”

Buffet compared Bitcoin to real estate and farmland:

“Apartments produce rent, farms produce food. For assets to have value, they must give something in return. There is only one accepted currency. You can think of all kinds of things — we can even spend Berkshire money.”

Buffet took the $20 bill from his pocket and showed it, adding:There is no reason whatsoever for the US government to replace a currency with this (pointing to the $20 in hand).†

These statements from Buffet show the approach to Bitcoin and his company and why they will not invest.

Despite all these words, Buffet indirectly invests in Bitcoin and cryptocurrency as well:

Brazil-based and Latin America’s largest financial technology bank. Nubankoffers Bitcoin trading services. If it’s a buffet among the investors of this bank is located.