[ad_1] <br><div><div><p>Echoing the dour opinion of the cryptocurrency that he has aired up to now, the Berkshire Hathaway (BRK.A) chairman and CEO mentioned bitcoin "would not have any intrinsic worth ... however that does not cease individuals from desirous to play the roulette wheel."</p></div></div><div><div><p>Commenting on playing basically, Buffett mentioned: "The urge to take part in one thing that appears like straightforward cash is a human intuition which was at all times there."</p></div></div><div><div><p>Buffett is well-known to be no fan of bitcoin, having referred to it as "in all probability rat poison squared" in 2018.</p></div></div><div><div><p>His prime deputy, Berkshire Hathaway's vice chairman Charlie Munger, has been much more outspoken over his disdain for cryptocurrency through the years, calling for the U.S. to repeat China and ban it earlier this 12 months.</p></div></div><div><div><p>"It is a playing contract with an almost 100% edge for the home, entered into in a rustic the place playing contracts are historically regulated solely by states that compete in laxity," Munger wrote in an opinion piece for the Wall Road Journal. "The U.S. ought to now enact a brand new federal legislation that stops this from occurring."</p></div></div> <br>[ad_2] <br><a href="https://www.coindesk.com/business/2023/04/12/billionaire-warren-buffett-calls-bitcoin-a-gambling-token/?outputType=amp">Source link </a>