
“It’s got a magic to it and people have attached magic to lots of things.”

Chairman of Berkshire Hathaway
6 wrong calls across 9 years of denial. 6 framed for posterity. No signs of stopping.

“It’s got a magic to it and people have attached magic to lots of things.”

“Bitcoin has no unique value at all. It doesn't produce anything. You can stare at it all day and no little Bitcoins come out or anything like that. It's a delusion, basically.”




“It's a mirage basically. It's a very effective way of transmitting money and you can do it anonymously and all that. A check is a way of transmitting money too. Are checks worth a whole lot of money just because they can transmit money? I hope bitcoin becomes a better way of doing it but you can replicate it a bunch of different ways. The idea that it has some huge intrinsic value is just a joke in my view.”
Same energy, same bad takes.
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Warren Buffett (2026). Warren Buffett — Bitcoin Quotes & Wrong Predictions. Buttcoiners. Retrieved October 13, 2026, from https://buttcoiners.love/author/warren-buffett