Bitwise Cites Buffett’s US Dollar Warning as Core Reason to Buy Bitcoin
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- Bitwise urges Bitcoin as Buffett warns the U.S. dollar may lose long-term investor trust
- Berkshire’s Buffett remains critical of Bitcoin despite dollar stability concerns
- Fusaro links Buffett’s dollar remarks to growing demand for alternative assets like BTC
Bitwise Asset Management President Teddy Fusaro has encouraged investors to acquire Bitcoin, pointing to a recent warning about the U.S. dollar’s future from none other than Berkshire Hathaway CEO Warren Buffett.
Fusaro connected the advice to comments Buffett made during Berkshire’s latest shareholder meeting.
Buffett’s Warning on the U.S. Dollar
At the meeting, Buffett suggested that trends within the United States might push investors toward owning alternative currencies down the line. He also spoke out against protectionism, arguing that trade shouldn’t be used as a weapon.
Investors worldwide listen closely to Buffett due to his decades of success and resilience in the market. Now 94, the legendary investor plans to step down as Berkshire Hathaway CEO by the end of 2025.
Related: Massive Bitcoin Long Position – Could This Explain the Strong Bullish Bias for XRP?
Buffett’s Berks…
The post Bitwise Cites Buffett’s US Dollar Warning as Core Reason to Buy Bitcoin appeared first on Coin Edition.
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