Warren Buffett says bitcoin is 'probably rat poison squared'

Warren Buffett cautioned speculators again not to put resources into bitcoin.

Bitcoin is "presumably rodent harm squared," he stated, as indicated by CNBC's Becky Quick. Buffett is managing at Berkshire Hathaway's 2018 yearly investor meeting on Saturday.

Warren Buffett is still not a devotee of putting resources into bitcoin.

The Oracle of Omaha emphasized his negative view on the digital money, as per CNBC's Becky Quick.

Bitcoin is "likely rodent harm squared," he said. Buffett is managing at the Berkshire Hathaway 2018 yearly investor meeting on Saturday.

Charlie Munger, Berkshire's bad habit executive and long-lasting Buffett associate, said amid the gathering that exchanging digital forms of money is "simply dementia."

In January Buffett cautioned speculators about the fever over bitcoin and different digital forms of money in meet with CNBC.

"As far as digital currencies, for the most part, I can state with nearly sureness that they will arrive at a terrible completion," the director and CEO of Berkshire Hathaway said at that point. "On the off chance that I could purchase a five-year put on each one of the digital currencies, I'd be happy to do it however I could never short a dime's worth."