Bitcoin is surging to a record high valuation, prompting interest in everyone from Katy Perry, to Goldman Sachs. But most financial analysts are not convinced that the cryptocurrency is here to stay.
The wild fluctuations in very short periods of time, plus the lack of tangibility are some of the reasons why many are sceptical of the digital currency.
So all eyes were on Warren Buffett, the most successful investor in the world, when he gave his verdict on Bitcoin in an interview with CNBC.
*WATCH BUFFETT’S EXPLOSIVE COMMENTS IN THE VIDEO ABOVE*