“Cryptocurrencies basically have no value and they don't produce anything. They don't reproduce, they can't mail you a check, they can't do anything, and what you hope is that somebody else comes along and pays you more money for them later on, but then that person's got the problem. In terms of value: zero.”
Warren Buffett, CEO, Berkshire Hathaway · Bitcoin since: +703%
A little perspective.
Bitcoin on that day$9,665February 24, 2020
$100 at that price$802.53At our latest price check
Illustrative value using a Bitcoin price of $77,562, checked Oct 31, 2026, 5:38 PM UTC. Excludes fees, taxes, and inflation. A price change alone does not settle the original criticism.
Warren Buffett appears in 8 recorded obituaries. 20 declarations were recorded in 2020.
Keep the receipt.
Bitcoin Is Dead. “Bitcoin Has No Value” — Warren Buffett, CNBC, February 24, 2020. Bitcoin: $9,664.63. https://bitcoindeaths.com/posts/2020-02-24-bitcoin-has-no-value