# @benzinga on Instagram

- **Type:** Image
- **Original URL:** https://www.instagram.com/p/C4L8C7MrCZP
- **Gondola URL:** https://gondola.cc/posts/17856672-benzinga-instagram
- **Thumbnail:** https://img.gondola.cc/tr:w-,h-,fo-auto/postThumbnails/legacy-do/ffa1e60b27cc5a73ae1f8c5f4b96d61f581a08cfbe88c727ac9f3bd23b59cfce.jpg
- **Posted:** 2024-03-06T20:39:52.000+00:00
- **Account Owner:** Benzinga | News That Moves (@benzinga) — https://gondola.cc/benzinga

## Caption

Despite the growing acceptance of Bitcoin in the traditional finance sector, Buffett’s stance remains unchanged, emphasizing his belief that Bitcoin is not a viable investment.

Buffett has been vocal about his caution toward Bitcoin and the broader cryptocurrency market, predicting a grim outcome. “In terms of cryptocurrencies, generally, I can say with almost certainty that they will come to a bad ending,” Buffett said.

“Now if you told me you own all of the Bitcoin in the world and you offered it to me for $25, I wouldn’t take it because what would I do with it? I’d have to sell it back to you one way or another. It isn’t going to do anything,” Buffett said. Through this assertion, Buffett articulates his viewpoint that, unlike other assets, cryptocurrencies cannot generate tangible value or income.

#warrenbuffett #bitcoin

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## Credits

These are the roles credited on Gondola. Credits may be incomplete.
A brand, account owner, or featured person is not necessarily the creator.

| Name | Username | Profile | Role |
| --- | --- | --- | --- |
| Benzinga | News That Moves | @benzinga | https://gondola.cc/benzinga | Brand |
| Jacob Shipley | @okcmayor | https://gondola.cc/okcmayor | Director of Social Media |

## Tags

warrenbuffett, bitcoin

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