Warren Buffett to Retire as Berkshire Hathaway CEO
- Warren Buffett will step down as CEO of Berkshire Hathaway at the end of the year.
- Berkshire Hathaway achieved a 5,500,000% return on investment under Buffett’s leadership.
- Buffett has consistently criticized Bitcoin, calling it “rat poison squared” in 2018.
- He predicted cryptocurrencies would likely end badly and called Bitcoin a “gambling token.”
- Buffett acknowledged blockchain technology’s importance but remained skeptical about Bitcoin’s value.
Warren Buffett announced his retirement from Berkshire Hathaway, leaving behind a legacy of immense financial success. Despite his achievements, he maintained a critical stance on Bitcoin while recognizing the potential of blockchain technology.
Source (2.6)https://decrypt.co/317945/bitcoin-hater-warren-buffett-retiring?rand=52368