Billionaire Investor Warren Buffett Says Won’t Accept All Of World’s Bitcoin For $25 – NDTV.com

While Bitcoin is gradually breaking into the traditional financial systems and winning the skeptics, not everyone is a fan of the world’s largest cryptocurrency by market capitalization.

“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.

He said if somebody were to offer him a 1 percent interest to buy all the farmland in the US for $25 billion he would immediately say yes.

They say they would rather launch their own cryptocurrency, backed by foreign guarantees, than trust some private digital coins.

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