The past 7 months have been bumpy for Bitcoin — and now it's crashing hard.
It’s “probably rat poison squared,” Buffett once said.
Here are three reasons Buffett won’t go near it.
1. It has ‘no unique value at all’
The billionaire investor doesn’t like Bitcoin because he considers it an unproductive asset.
Though Bitcoin is intended to provide real value as a payment system, that use is still pretty limited. As Buffett sees it,...

Bill Gates said he doesn't invest in cryptocurrency because he likes investing in things with "valuable output."
Gates has cautioned people against investing in crypto before, especially those with "less money" than Elon Musk.
Gates has also warned about the environmental impact of crypto.
"I don't own any," Gates wrote. "I like investing in things that have valuable output. The value of companies is based on h...