Warren Buffett on bitcoin and crypto: We've had an explosion of gambling

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Warren Buffett on bitcoin and crypto: We've had an explosion of gambling



Warren Buffett, Berkshire Hathaway CEO, joins CNBC’s “Squawk Box” to discuss his thoughts on crypto and the staying power of bitcoin. For access to live and exclusive video from CNBC subscribe to CNBC PRO:

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Comments: 48
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  7. Sabertooth Wallby

    btc takes the power away from these monsters. of course they hate it.

  8. Investing Tips Like warren Buffett

    I think that if warren Buffett and Charlie Munger say to stay away from crypto well we should lesson to them

  9. peter sack

    ADDICTIONS : GREED is the O I L fuelling G A M B L I N G ! BE SURE, OF YOUR FUTURE…..work AT SOMETHING, WITH YOUR HANDS

    '' IN ALL LABOR, THERE IS PROFIT …..'''
    PROVERBS 14: 22 etc

    22 Do not those who contrive evil go astray? But those who plan goodness find loving devotion and faithfulness.
    23 There is profit in all labor, but mere talk leads only to poverty.
    24 The crown of the wise is their wealth, but the effort of fools is folly.…

    Proverbs 14:22

    Do not those who contrive evil go astray? But those who plan goodness find loving devotion and faithfulness.

    Proverbs 14:24

    THE CROWN OF THE WISE IS THEIR WEALTH, BUT THE EFFORT OF FOOLS IS FOLLY.

    In all labor there is profit: but the talk of the lips tends only to penury.

    Proverbs 12:24

    The hand of the diligent shall bear rule: but the slothful shall be under tribute.

    Proverbs 28:19

    He that tilleth his land shall have plenty of bread: but he that followeth after vain persons shall have poverty enough.

    John 6:27

    Labour not for the meat which perisheth, but for that meat which endureth unto everlasting life, which the Son of man shall give unto you: for him hath God the Father sealed.

    Proverbs 10:10

    He that winketh with the eye causeth sorrow: but a prating fool shall fall.

    Ecclesiastes 5:3

    For a dream cometh through the multitude of business; and a fools' voice is known by multitude of words. ( DONALD J TRUMP,…..comes into focus )

    2 Thessalonians 3:10-12

    FOR EVEN WHEN WE WERE WITH YOU, THIS WE COMMANDED YOU, THAT IF ANY WOULD NOT WORK, NEITHER SHOULD HE EAT…….

  10. Michael Redding

    Warren old school of course he not gone like bit coin. He grew up when electronics wasn't even around

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  17. Bobby mainz

    Several of the biggest market experts have been voicing their opinions on exactly how awful they think the next downturn would be, and how far equities may have to go, as recession draws closer and inflation continues well above the Fed's 2% objective. I'm trying to build a portfolio of at least $850k by the time I'm 60, therefore I need suggestions on what investments to

  18. Rhett Reisman - Level Up Your Brain

    The part where he brought up his bachelor party for his first marriage 70 years ago was when I realized that he was right and that Bitcoin is a scam

  19. Alax Frye

    I wasn't financial free until my 40’s and I’m still in my 40’s, bought my third house already, earn on a monthly through passive income, and got 4 out of 5 goals, just hope it encourages someone that it doesn’t matter if you don’t have any of them right now, you can start TODAY regardless your age INVEST and change your future! Investing in the financial market is a grand choice I made.

  20. Tolu Owolabi

    He’s right this ending is near

  21. 공경만함

    1:16

  22. antin

    His hatred of bitcoin has aged him a lot in the last two months. Guys like Buffet and Munger have this attitude of you either do it our way or you don't make money way at all. They want people to only make money through them, their Wall Street friends and the 1 percenters.

    And he doesn't fully understand the meaning of intrinsic value. If having self-custody of your money and assets, as crypto allows, and being an inflation hedge, is not intrinsic value then I don't know what is. You don't need to feel a piece of thing for it to have intrinsic value. A piece of computer code can have far more value to society than a plot of agricultural land.

  23. sta kand

    The stock market is not gambling???

  24. Francesca Oddie

    investing in stocks isn't gambling?

  25. kim young

    Everyone's preaching doom, without any key data-trajectory on how to maneuver, it's obvious digital are unstable but folks are still pulling off huge 6 figure profits from this same market y'all are warning us about, videos on such strategies to maneuver will really be helpful, thank you.

  26. BullsEye3333

    The EU has approved MICA (Markets In Crypto Assets)
    You're either a damn fool like Warren Buffet or a liar like Peter Schiff if you still say all crypto is going to $0.

  27. Divad “Fenrir”

    If your right about #bitcoin the dude is fossilized. BITCOIN is a tool of the government, we know who the 4 Satoshis are and all of this is a distraction and circus 🎪 for the NPCs in the world, mainly the 🇺🇸 as we are the 🌎's exit strategy afterall. #ISO20022 x r p

  28. J L

    I think Bitcoin is still volatile. Don't trust it.

  29. Sameer Khan

    https://youtu.be/-H3xNeptO_o

  30. james

    What a treat to listen to this legendary investor. I’m so happy that was able to avoid bitcoin ( worthless asset) thank you buffet

  31. Day that Fallows

    Crypto is a "name"…. not investing…..or investing into nothing…..

  32. Ian Cordell

    I really feel left aside hearing and seeing several testimonies from people on profits they make from Bitcoin/Forex Investment.. Can someone recommend a good expert that trade on my behalf and generate profit for me

  33. Freddie Barros

    Venturing into trading requires basic knowledge most time good experience to carry out a successful trade.

  34. DaMarcus Reactz

    New technology is not gambling Mr.Buffet

  35. xXUr MommaXx

    The USA is controlled by the mafia organization that goes by many names but the players all have the same goals to control the minds of the whole world turn it into a one world governing system that they control and all us citizens of the world become impoverished propertyless stupid beings who believe their lies as if its God speaking while they enslave us all into their insane society they create.

  36. Yin Yang

    Warren Buffett is an old Clown who can only make people laugh and never understand new technologies or fair money.

  37. JaW

    Why does this guy think he needs to speak so negatively about Bitcoin and crypto? Why does he even care if he’s not invested? Seems like this is attempted market manipulation, pure and simple.
    Doesn’t he know that gambling at home is ALREADY legal?

  38. dave cruz

    I rather gamble my money on things that government cannot control, which is Bitcoin only. Because government can manipulate everything but not Bitcoin network.

  39. MeatGawds

    Common Buffet. Get off the “dumb wagon”.

  40. €levação £mperial

    Bitcoin e uma bosta, quem investe espera que outro pague por esse investimento

  41. JanPBtest

    Remember Warren Buffet is the guy who said Amazon and Google were not good investments way back when. It's simply not true that an expert in X automatically understands Y.

  42. NFT Jeremy

    This old geezer still can't adopt 😂

  43. NFT Swizz

    He will regret sleeping on Bitcoin

  44. Precision Electrolysis

    please stop having this relic on fuding about btc and crypto. there is only btc…he does not understand it. or he does and he knows its his demise. it has nothing to do with the rest of the 99k ponzi securities.

  45. PIKOLO390

    He is right dont play the lottery but new technology is not gambling 😂

  46. fun kya

    stocks are gambling too though.

  47. Adriana Santos

    Please I need someone to help me trade or invest the market because I'm tired of trading in losses myself. I've blown my account more than once and it's so disheartening.

  48. JP

    Isn't this a guy along with monger that looked down Tesla and then later changed their position. I'm very sad that he doesn't understand where the world is heading to. He is a falling star. Bitcoin is much more secure and well-engineered one than all his bond, stocks, real estate, and anything combined. He's a loser.

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