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Warren Buffett on bitcoin and crypto: We've had an explosion of gamblingWarren Buffett dismissed bitcoin as a worthless delusion and 'rat poison squared.' Here are his 16 best quotes about crypto. Buffett himself commented that there's �nobody� that's short bitcoin, everyone is a long-term holder. For more sophisticated crypto investors. Earlier this year, Buffett dismissed bitcoin as a "gambling token" in an interview with CNBC, saying bitcoin "doesn't have any intrinsic value.