"Warren Buffett Says Bitcoin Is Probably Rat Poison Squared"

Published in CNBC on 2018-05-05, "Warren Buffett Says Bitcoin Is Probably Rat Poison Squared" declared Bitcoin dead or fundamentally doomed. The piece argued that Bitcoin's fundamental flaws — including volatility, scalability limitations, and lack of intrinsic value — made long-term survival unlikely. Bitcoin was trading at $9,827 at the time of publication. Bitcoin crashed more than 80% from its late 2017 peak, with critics pointing to the burst of the speculative bubble.