Warren Buffett Says He Wouldn’t Take All the Bitcoin in the World for $25

“Certain things have value that don’t produce something tangible. I mean, you can say a great painting probably will have some value 500 years from now,” Buffett said.

“But assets, to have value, they have to deliver something to somebody and there’s only one currency. You can come up with all kinds of things. We can put up Berkshire coins, or Berkshire money,” Buffett said, referring to a hypothetical crypto coin.

“But in the end this is money,” Buffett said, holding up a $20 bill. “But this is the only thing that’s money. Anybody who thinks the United States is going to change the way they let Berkshire money replace theirs is out of their mind.”