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Pantera Capital CEO Blasts Warren Buffett Over ‘Rat Poison’ Comment

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Fri, 17/08/2018 - 15:31
Pantera Capital CEO Blasts Warren Buffett Over ‘Rat Poison’ Comment
Cover image via U.Today
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Pantera Capital’s Dan Morehead calls out billionaire Warren Buffett, a famed Bitcoin naysayer. He specifically referred to his infamous ‘rat poison remark.’

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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.    

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