Pantera Capital’s Dan Morehead calls out billionaire Warren Buffett, a famed Bitcoin naysayer. He specifically referred to his infamous ‘rat poison remark.’
When asked about Bitcoin during a CNBC interview in May, Buffett urged investors not to put their money in BTC, calling it ‘probably rat poison squared’ and giving his warning about a ‘bad ending.’
Morehead, however, does not buy Buffett’s criticism:
‘It is rat poison; it’s just the banks and credit card companies are the rats.’
The executive of the biggest crypto-oriented hedge fund remains very bullish about BTC, saying that it is yet to reach new heights in the nearest future.
Dan Burgin
U.Today Editorial Team
Vladislav Sopov