Who Doubles Down on Bitcoin Doubt?

 

“People get excited from big price movements, and Wall Street accommodates,”. Describing bitcoin as a “real bubble,” according to the publication, Buffett also criticized the idea of applying a value to bitcoin.

This billionaire Buffett would take a harsh stance toward bitcoin is perhaps unsurprising, given that, in 2014, he advocated that investors stay away from bitcoin entirely.

Others, however, have adopted a different approach. On Oct. 24, New York University’s “Dean of Valuation,” Aswath Damodaran, argued that bitcoin is a true currency and not a fraud in a new blog post.

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