{"id":20312,"date":"2023-04-12T16:57:49","date_gmt":"2023-04-12T16:57:49","guid":{"rendered":"https:\/\/coingrafter.com\/index.php\/2023\/04\/12\/warren-buffett-still-sees-bitcoin-as-a-gambling-token\/"},"modified":"2023-04-12T16:57:49","modified_gmt":"2023-04-12T16:57:49","slug":"warren-buffett-still-sees-bitcoin-as-a-gambling-token","status":"publish","type":"post","link":"https:\/\/coingrafter.com\/index.php\/2023\/04\/12\/warren-buffett-still-sees-bitcoin-as-a-gambling-token\/","title":{"rendered":"Warren Buffett still sees bitcoin as a \u2018gambling token\u2019"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div>\n<div class=\"post-article-image  -mt-24  mb-8  lg:-mt-32  rounded  overflow-hidden\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/04\/kanchanara-SYSb9aJAzTA-unsplash-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/04\/kanchanara-SYSb9aJAzTA-unsplash-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/04\/kanchanara-SYSb9aJAzTA-unsplash-smartcrop-750x375.jpg\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/04\/kanchanara-SYSb9aJAzTA-unsplash-smartcrop-363x181.jpg\" type=\"image\/jpeg\"\/><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/coinjournal.net\/wp-content\/uploads\/2023\/04\/kanchanara-SYSb9aJAzTA-unsplash.jpg\" alt=\"Warren Buffett sees bitcoin as a \u2018gambling token\u2019\" width=\"100%\" height=\"100%\"\/>\n<\/picture>                    <\/div>\n<ul>\n<li>Bitcoin is up once more following the U.S. inflation information on Wednesday.<\/li>\n<li>Warren Buffett reiterates that BTC doesn\u2019t have any intrinsic worth.<\/li>\n<li>BTC is presently up a whopping 80% because the begin of the 12 months.<\/li>\n<\/ul>\n<p><a href=\"https:\/\/coinjournal.net\/news\/tag\/bitcoin\/\">Bitcoin<\/a> has climbed a whopping 80% because the begin of the 12 months however the \u201cOracle of Omaha\u201d is still not satisfied that it\u2019s an investable asset.<\/p>\n<h2>Buffett reiterates his view on Bitcoin<\/h2>\n<p>Legendary investor Warren Buffett continues to see the bitcoin as \u201crat poison squared\u201d. Spending cash on it, he reiterated at the moment, is extra akin to playing than funding.<\/p>\n<blockquote>\n<p>Bitcoin is a playing token and it doesn\u2019t have any intrinsic worth, however that doesn\u2019t cease folks from eager to play the roulette wheel.<\/p>\n<\/blockquote>\n<p>Buffett is without doubt one of the most notable critics of cryptocurrencies at giant.<\/p>\n<p>Interestingly, although, his conglomerate Berkshire Hathaway elevated its stake simply a day earlier in <a href=\"https:\/\/thecryptobasic.com\/2023\/04\/11\/warren-buffett-increases-stake-in-ripple-partner-sumitomo-corp\/\" target=\"_blank\" rel=\"noopener\">Sumitomo Corp<\/a> regardless of the Japanese buying and selling firm\u2019s affiliations with Ripple.<\/p>\n<h2>Bitcoin is up after the U.S. inflation information at the moment<\/h2>\n<p>Bitcoin is buying and selling comfortably above the $30,000 stage on Wednesday following the <a href=\"https:\/\/www.ft.com\/content\/9f2e3cc3-683c-4e62-ba19-acbe0776636c\" target=\"_blank\" rel=\"noopener\">update<\/a> from the U.S. Bureau of Labour Statistics which confirmed that inflation continued to ease in March.<\/p>\n<p>And Buffett agreed that there\u2019s no telling when the upside will exhaust. On CNBC\u2019s \u201c<a href=\"https:\/\/www.cnbc.com\/video\/2023\/04\/12\/warren-buffett-on-bitcoin-and-crypto-weve-had-an-explosion-of-gambling.html\" target=\"_blank\" rel=\"noopener\">Squawk Box<\/a>\u201d, he stated:<\/p>\n<blockquote>\n<p>That\u2019s predicting when hypothesis will finish, when playing intuition will go away, when extra folks would need to get out. If I had been good at that, I\u2019d make a lot of cash in several issues.<\/p>\n<\/blockquote>\n<p>Remember that the full provide of bitcoin is scheduled to have in April or May of subsequent 12 months \u2013 an occasion that\u2019s traditionally unlocked extra upside in BTC.<\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this text<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/coinjournal.net\/news\/warren-buffett-sees-bitcoin-as-a-gambling-token\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] Bitcoin is up once more following the U.S. inflation information on Wednesday. Warren Buffett reiterates that BTC doesn\u2019t have any intrinsic worth. BTC is presently up a whopping 80% because the begin of the 12 months. Bitcoin has climbed a whopping 80% because the begin of the 12 months however the \u201cOracle of Omaha\u201d [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":20314,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"ocean_post_layout":"","ocean_both_sidebars_style":"","ocean_both_sidebars_content_width":0,"ocean_both_sidebars_sidebars_width":0,"ocean_sidebar":"","ocean_second_sidebar":"","ocean_disable_margins":"enable","ocean_add_body_class":"","ocean_shortcode_before_top_bar":"","ocean_shortcode_after_top_bar":"","ocean_shortcode_before_header":"","ocean_shortcode_after_header":"","ocean_has_shortcode":"","ocean_shortcode_after_title":"","ocean_shortcode_before_footer_widgets":"","ocean_shortcode_after_footer_widgets":"","ocean_shortcode_before_footer_bottom":"","ocean_shortcode_after_footer_bottom":"","ocean_display_top_bar":"default","ocean_display_header":"default","ocean_header_style":"","ocean_center_header_left_menu":"","ocean_custom_header_template":"","ocean_custom_logo":0,"ocean_custom_retina_logo":0,"ocean_custom_logo_max_width":0,"ocean_custom_logo_tablet_max_width":0,"ocean_custom_logo_mobile_max_width":0,"ocean_custom_logo_max_height":0,"ocean_custom_logo_tablet_max_height":0,"ocean_custom_logo_mobile_max_height":0,"ocean_header_custom_menu":"","ocean_menu_typo_font_family":"","ocean_menu_typo_font_subset":"","ocean_menu_typo_font_size":0,"ocean_menu_typo_font_size_tablet":0,"ocean_menu_typo_font_size_mobile":0,"ocean_menu_typo_font_size_unit":"px","ocean_menu_typo_font_weight":"","ocean_menu_typo_font_weight_tablet":"","ocean_menu_typo_font_weight_mobile":"","ocean_menu_typo_transform":"","ocean_menu_typo_transform_tablet":"","ocean_menu_typo_transform_mobile":"","ocean_menu_typo_line_height":0,"ocean_menu_typo_line_height_tablet":0,"ocean_menu_typo_line_height_mobile":0,"ocean_menu_typo_line_height_unit":"","ocean_menu_typo_spacing":0,"ocean_menu_typo_spacing_tablet":0,"ocean_menu_typo_spacing_mobile":0,"ocean_menu_typo_spacing_unit":"","ocean_menu_link_color":"","ocean_menu_link_color_hover":"","ocean_menu_link_color_active":"","ocean_menu_link_background":"","ocean_menu_link_hover_background":"","ocean_menu_link_active_background":"","ocean_menu_social_links_bg":"","ocean_menu_social_hover_links_bg":"","ocean_menu_social_links_color":"","ocean_menu_social_hover_links_color":"","ocean_disable_title":"default","ocean_disable_heading":"default","ocean_post_title":"","ocean_post_subheading":"","ocean_post_title_style":"","ocean_post_title_background_color":"","ocean_post_title_background":0,"ocean_post_title_bg_image_position":"","ocean_post_title_bg_image_attachment":"","ocean_post_title_bg_image_repeat":"","ocean_post_title_bg_image_size":"","ocean_post_title_height":0,"ocean_post_title_bg_overlay":0.5,"ocean_post_title_bg_overlay_color":"","ocean_disable_breadcrumbs":"default","ocean_breadcrumbs_color":"","ocean_breadcrumbs_separator_color":"","ocean_breadcrumbs_links_color":"","ocean_breadcrumbs_links_hover_color":"","ocean_display_footer_widgets":"default","ocean_display_footer_bottom":"default","ocean_custom_footer_template":"","ocean_post_oembed":"","ocean_post_self_hosted_media":"","ocean_post_video_embed":"","ocean_link_format":"","ocean_link_format_target":"self","ocean_quote_format":"","ocean_quote_format_link":"post","ocean_gallery_link_images":"on","ocean_gallery_id":[],"footnotes":""},"categories":[3],"tags":[20,327,176,1200,247,326],"class_list":["post-20312","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin","tag-bitcoin","tag-buffett","tag-gambling","tag-sees","tag-token","tag-warren","entry","has-media","owp-thumbs-layout-horizontal","owp-btn-normal","owp-tabs-layout-horizontal","has-no-thumbnails","has-product-nav"],"_links":{"self":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/20312","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/comments?post=20312"}],"version-history":[{"count":1,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/20312\/revisions"}],"predecessor-version":[{"id":20313,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/20312\/revisions\/20313"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/media\/20314"}],"wp:attachment":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/media?parent=20312"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/categories?post=20312"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/tags?post=20312"}],"curies":[{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