Is Bitcoin a Scam that Depends on Greater Fools?

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Warren Buffett has recently come out with some more negative comments about cryptocurrencies, claiming that they're not useful and depend on a greater fool to sell them to.

Since many might interpret this kind of critique as akin to labelling Bitcoin a scam or ponzi scheme, I thought it would be worth addressing that directly.

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Is Bitcoin a Scam that Depends on Greater Fools? | Ecency