Warren Buffett says cryptocurrencies certain to come to a ‘bad ending’

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Warren Buffett said he’s no fan of cryptocurrencies like Bitcoin and is confident that the run up in their value is fleeting.“In terms of cryptocurrencies, generally, I can say almost with certainty that they will come to a bad ending,” Buffett said in an interview on CNBC on Wednesday. “Now when it happens, or how or anything else, I don’t know. But I know this: If I could buy a five year put on every one of the cryptocurrencies, I’d be glad to do it but I would never short a dime’s worth.”Photography company Kodak unveils cryptocurrency, stock surges 92%: ‘This is getting ridiculous’Bitcoin champion Mike Novogratz the latest to tap TSX Venture in crypto pushBloomberg.com 

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Warren Buffett said he’s no fan of cryptocurrencies like Bitcoin and is confident that the run up in their value is fleeting.

“In terms of cryptocurrencies, generally, I can say almost with certainty that they will come to a bad ending,” Buffett said in an interview on CNBC on Wednesday. “Now when it happens, or how or anything else, I don’t know. But I know this: If I could buy a five year put on every one of the cryptocurrencies, I’d be glad to do it but I would never short a dime’s worth.”

Photography company Kodak unveils cryptocurrency, stock surges 92%: ‘This is getting ridiculous’Bitcoin champion Mike Novogratz the latest to tap TSX Venture in crypto push