Buffett: Bitcoin has transaction value but no actual value

According to Dailyhodl, Sun Yuchen had dinner with Buffett and four blockchain industry advocates on January 23. According to reports, Buffett explained why he considers Bitcoin a bad investment: "We can harvest by planting something, but Bitcoin cannot capture the value of the blockchain. Just what is valuable does not mean It's a good investment. "Buffett also said: I would rather buy land than bitcoin. I have confidence in the US dollar and am sure my grandson would rather inherit my US dollar assets. Bitcoin has transaction value, but no real value. People who buy Bitcoin will eventually sell it. "