Key Words: Warren Buffett says bitcoin has ‘no unique value at all’

Warren Buffett, chairman and CEO of investment conglomerate Berkshire Hathaway, on Monday took a fresh dig at bitcoin.

On the heels of his annual letter to clients, the world’s most famous investor told CNBC on Monday that No. 1 digital currency has no unique value at all, referring to it as “a delusion.”

‘Bitcoin has no unique value at all, it doesn’t produce anything. It’s a delusion basically.’

Warren Buffett

Read:Opinion: Heed Warren Buffett’s warning: Bitcoin is pure FOMO

It isn’t the first time that the Oracle of Omaha has leveled excoriating criticism at bitcoin.

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