Warren Buffett I dont own any cryptocurrency and I never will

>> YOUR LINK HERE: ___ http://youtube.com/watch?v=d6yqrwOZVjY

Berkshire Hathaway's chairman and CEO Warren Buffett told CNBC's Becky Quick on Monday that he's staying away from cryptocurrencies. I don't own any cryptocurrency and I never will, he said. • “Cryptocurrencies basically have no value and they don’t produce anything,” he told CNBC’s Becky Quick in a Squawk Box interview. “In terms of value: Zero.” • “I don’t have any cryptocurrency and I never will,” he added. Buffett joined CNBC to discuss the markets just days after he released his annual shareholder letter. • Buffett has been a long-time critic of the world’s largest digital coin. He called bitcoin “probably rat poison squared,” ahead of the 2018 Berkshire Hathaway annual shareholder meeting. A “mirage,” “not a currency,” and “tulips” are among the descriptors Buffett has used for bitcoin, according to CNBC’s Warren Buffett Archive. • Berkshire Vice Chairman Charlie Munger has called it a “turd,” and said that trading cryptocurrencies is “just dementia.” • Last year, in an attempt to change Buffett’s mind, Justin Sun, founder of cryptocurrency TRON and CEO of file-sharing company BitTorrent, bid $4.6 million in a charity auction to have a meal with the bitcoin skeptic. • “When Justin and four friends came, they behaved perfectly and we had a very friendly three and a half hour dinner and the whole thing was a very friendly exchange of ideas,” Buffett said. He added that neither he nor Sun changed their stance on the coin. • For more Warren Buffett, check out Squawk Pod: • • » Subscribe on Google Play: https://play.google.com/music/m/Imbb7... • » Subscribe on Apple Podcasts: https://podcasts.apple.com/us/podcast... • » Subscribe on Spotify: https://open.spotify.com/show/6zG3vq4... • » Listen on Stitcher: https://www.stitcher.com/podcast/cnbc... • For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://www.cnbc.com/pro/?__source=yo... • • » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision • » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC • » Subscribe to CNBC Classic: https://cnb.cx/SubscribeCNBCclassic • • Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader in business news worldwide. • • Connect with CNBC News Online • Get the latest news: http://www.cnbc.com/ • Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC • Follow CNBC News on Facebook: https://cnb.cx/LikeCNBC • Follow CNBC News on Twitter: https://cnb.cx/FollowCNBC • Follow CNBC News on Instagram: https://cnb.cx/InstagramCNBC • • #CNBC • #CNBC TV

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