Billionaire Warren Buffett Labels Bitcoin as ‘Gambling Token’ with No Intrinsic Value – Here’s Why

Legendary US investor and long-time crypto critic Warren Buffett has once again lashed out at Bitcoin, claiming that it is a gambling token and doesn’t have any intrinsic value.
During a recent interview with CNBC’s Squawk Box, the Berkshire Hathaway CEO and chairman labeled Bitcoin a “gambling token.” 
He claimed that people go after Bitcoin in search of “easy money,” alerting that the pursuit of getting rich in a short period of time comes with grave risks….
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