“If you and I buy various cryptocurrencies, they're not going to multiply. There are not going to be a bunch of rabbits sitting there in front of us. They're just gonna sit there. And I gotta hope next time you get more excited after I've bought if from you and then I'll get more excited and buy it from you. We could sit in the house by ourselves and we could keep running up the price between us. But at the end of the time there's one Bitcoin sitting there and now we've gotta find somebody else. They come to an end.”
Warren Buffett, CEO, Berkshire Hathaway · Bitcoin since: +728%
A little perspective.
Bitcoin on that day$9,363May 7, 2018
$100 at that price$828.21At our latest price check
Illustrative value using a Bitcoin price of $77,542, checked Nov 1, 2026, 4:07 AM UTC. Excludes fees, taxes, and inflation. A price change alone does not settle the original criticism.
Warren Buffett appears in 8 recorded obituaries. 74 declarations were recorded in 2018.
Keep the receipt.
Bitcoin Is Dead. “They Come To An End” — Warren Buffett, CNBC, May 7, 2018. Bitcoin: $9,362.53. https://bitcoindeaths.com/posts/2018-05-07-they-come-to-an-end