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Warren Buffett: Cryptocurrency Will Come To A Bad Ending - CNBCWarren Buffett may still view cryptocurrencies and Bitcoin (BTC) as �rat poison squared,� but he is generating big profits from his position. Billionaire Warren Buffett memorably described Bitcoin as �rat poison squared� during a shareholder meeting in April Buffett said of Bitcoin, �The urge to participate in something where it looks like easy money is a human instinct which has been unleashed.�.