Warren Buffett is of the opinion that the behavior of crypto-lutets, such as Battlecock, is short-lived and their value is far lower than the current one. "In terms of crypto-points, I can almost say that their end will be bad ... very bad. When or how it happens I really do not know but I know if there's a way to buy 5 year put options on each cripples will really make a lot of money. "
Buffett does not have a short position on futures on a battlefield and his comment comes just a day after JP Morgan CEO Jamie Dimon gave a back-up opinion that Bitcoin is a scam.
Source: Bloomberg Pro Terminal
Jr Trader Petar Milanov
Bloomberg: Buffett Says Cryptocurrencies Are Certain To Come To A Bad Ending
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