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Warren Buffett Has Invested Another $1B into the “Rat Poison” Asset
Warren Buffett Has Invested Another $1B into the “Rat Poison” Asset
Warren Buffett's company Berkshire Hathaway bought shares worth 1 billion U.S. dollars of NuBank, which happens to be a Brazilian digital bank that focuses heavily on cryptocurrency. Right now, the investment is not done because of cryptocurrencies, but this might end up being a very big step for digital assets because we know that Warren Buffett is somebody who already is famous for not being on good terms with cryptocurrency. Mainly because there were instances where he used to mention cryptocurrencies like Bitcoin as rat poison squared and because he also stated that cryptocurrencies might end up having a bad ending, unlike traditional assets.
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