Binance CEO: Warren Buffett ‘Does Not Understand Cryptocurrency’

Binance CEO Zhao Changpeng has said Warren Buffett “does not understand cryptocurrency” and that he is making “a big mistake.”

 

Buffett is a well-known naysayer regarding Bitcoin, announcing he and his business empire had adopted a fully hands-off approach and “will never have a position” in crypto.

His steadfast criticism increasingly contrasts with other financial giants, with even skeptical JPMorgan CEO Jamie Dimon this week saying he “regretted” labelling Bitcoin a fraud last year.

Sourced through Scoop.it from: bitcoinist.com