Tag

Berkshire Hathaway

Browsing

Renowned investor Warren Buffett has raised concerns over the rapid expansion of gambling, particularly in the United States, and its link to the proliferation of cryptocurrencies like Bitcoin. In a recent interview, the CEO of Berkshire Hathaway warned that the “gambling instinct” was driving many people to invest in cryptocurrencies, which he compared to playing the lottery. Buffett expressed skepticism over the long-term viability of the cryptocurrency market, stating that it was challenging to predict…