Why Warren Buffett is not interested in the crypto market Let's see some of his reasons
1. Crypto has no intrinsic value: Warren Buffett believes that digital currencies like Bitcoin do not produce any real value and are only valuable because of rumors and advertising.
2. Not a long-term investment: Buffett does not view crypto as a stable, long-term investment, as it has extreme volatility and does not produce anything.
3. Crypto as a scam He considers it a type of fraud and speculation that carries high risks for investors.
4. Distrust of extreme volatility: Buffett criticizes the price fluctuations of crypto, believing that this causes many people to lose money.
5. Interest in physical assets: Buffett prefers to invest in real estate, gold, and shares of real companies that produce real value.