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Why Is The CEO Of Berkshire Hathaway Against Bitcoin?

CEO and chairman of Berkshire Hathaway, Warren Buffet, has always had a strong opinion against bitcoin.

Summary:
– Venture capitalist Fred Wilson and Balaji Srinivasan give their insight why Warren Buffet is against bitcoin.
– Balaji Srinivasan is the Chief Technical Officer at Coinbase.
– The main reason they could point out is the difference in assets investing approach they have.

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Last May 16, 2018, Coinbase CTO Srinivasan and venture capitalist Wilson were interviewed by Wall Street Journal correspondent Paul Vigna, and their opinions regarding the reasons why Warren Buffet (the CEO of Berkshire Hathaway) is not supporting Bitcoin digital exchange.

Both believe that the answer is in the varied approach they have in terms of investment and assets management, as compared with Buffet – who is famous for the title “Oracle of Omaha”.

.Buffet, in a recent interview, called Bitcoin as “rat poison squared” during this year’s Berkshire Hathaway stockholders gathering.

Read Kyle Torpey’s full article here – https://bitcoinmagazine.com.