Buffett Dismisses Cryptocurrencies as 'Rat Poison,' While Affirming Value of Farmland
• Warren Buffett calls cryptocurrencies like Bitcoin "rat poison squared" and predicts they will come to a "bad ending"
• Buffett wouldn't pay even $25 for all the Bitcoin in the world because he believes crypto has no tangible value or income generation
• While not an agricultural investor, Buffett acknowledges farmland has intrinsic value from food production
• Buffett's 400-acre farm has been one of his best long-term investments despite not knowing farming
• As the crypto debate continues, Buffett's perspective emphasizes investing in assets with real, tangible benefits rather than speculative excitement