Buying Bitcoin is not investing: Warren Buffett

Warren Buffett, the 87-year-old American investor and CEO of Berkshire Hathaway, has again scorned investment in cryptocurrencies, claiming that “buying bitcoin is not investing”, in an interview with Yahoo Finance in Omaha, Nebraska, over the weekend. “There are two kinds of items that people buy and think they’re investing,” he said. “One really is investing and the other isn’t.”

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