Bitcoin Explanation from a Famous CEO: Bad Ending!
Warren Buffett, Berkshire Hathaway's CEO, Bill Gates, also known as one of the world's largest conglomerates, also has critical comments on Bitcoin.
Rumors about Bitcoin keep coming. Although crypto-currencies are called "future", many people see it as a temporary enthusiasm for the phrase. However, among these two conflicts of opinion, Bitcoin continues to be used by large companies in some services. Warren CEO Buffett, Berkshire Hathaway, known as the second largest conglomerate in the world, said in an interview with CNBC that he did not have the crypto money, and said he would never be in a position like that.
The famous CEO also suggested that Bitcoin would end badly. Bitcoin, who won the most valuable crypto money title with a growth of 1,327% in 2017, entered a rolling chart with Ripple, one of the closest rival to 2018. Ethereum, on the other hand, made a big increase in December and January, and for the first time, it reached $ 1000.
Buffett's comments came a day later, however, as JPMorgan CEO Jamie Dimon said he was sorry to describe BitCoin as "fraud." Buffett, on the other hand, added that Berkshire Hathaway is emphasizing investing in areas that might work.