Warren Buffett and Charlie Munger had this to say about crypto in 2018

A press conference ^ | 2018 | Warren Buffett, Charlie Munger

[Krosan]

Good advice from 2018!

[Krosan]

I Miss Spelled.

It’s Buffett with two t-s.

[Jonty30]

Butthead?

I’m glad that you clarified the spelling of his name.

[Jonty30]

My position is that the more economically troubled the economy is, the closer to real estate, commodities, and metals you should go.

Unless we’ve gone Mad Max, in which case it does not matter, you need to invest in things that people will use no matter how bad things get. I haven’t bought Word since 2007, so is Microsoft really that guaranteed of a stock, for example?

[ComputerGuy]

You may not get away with the buffet thing. Some members of our speling and punctation police are early risers. Good luck.

[Krosan]

I am more afraid of crypto lovers. They will call me names like “he, who doesn’t understand the worth of a tulip bulb!”

[Jimmy Valentine's brother]

A recent edition Fortune Magazine put Sam Bankman-Fried on its cover with the lead, “The Next Warren Buffett?”

[Larry Lucido]

Summary: Two old rich dudes take 76 seconds to tell you they don’t care for cryptocurrency.

You’re welcome.

[ComputerGuy]

My younger relatives call me The Stacker because of my aversion to crypto. Laugh on, I say.

[Krosan]

They should have listened more to what the Warren Buffett we already have says instead of Scam Bankman Fraud.

[Right_Wing_Madman]

Warren Buffett and Charlie Munger gave this press conference on May 5, 2018, when Bitcoin was at $9,858. Today, Bitcoin is trading for $16,957. It looks like these geniuses were wrong.

[Right_Wing_Madman]

My younger relatives call me The Stacker

Warren Buffett has always hated gold too. Throughout his adult life, Buffett has never been able to comprehend the human demand for "store of value."

[Krosan]

Just give it time. Soon it will be zero.

[Ken H]

“Some members of our speling and punctation police are early risers.”

---

“To correct and serve.”

[NautiNurse]

It looks like these geniuses were wrong.

Said by nobody who purchased and held Bitcoin above $30,000.

[ComputerGuy]

The latest to go belly-up, I think it was BlockFi, took $800 of my grand son’s $$$ with it. I’m glad it wasn’t more.

[ComputerGuy]

Good one

[NautiNurse]

BlockFi, took $800 of my grand son’s $$$ with it.

Youthful exuberance. Everybody is into crypto! Don't miss out on this opportunity!

Snake oil.

[bert]

Think positively.

An $800 lesson on investing is in the grand scheme of things cheap.

[bert]

Consider Office 365 rather than just word.