Warren Buffett: Bitcoin is like a seashell or something

The price of Bitcoin is rising again, and famous investors are conjuring up fresh insults for the cryptocurrency. 

Speaking at the annual Berkshire Hathaway meeting in Omaha, legendary investor Warren Buffett — known for his disdain towards everything crypto — once again had choice words for Bitcoin, according to CNBC. And this time, the derogatory remarks got really weird. 

In a short chat with reporters in Omaha, Buffett called Bitcoin "a gambling device" that "just sits there" and that "hasn't produced anything."  Read more...