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OTCbid - Warren Buffett Likens Bitcoin to Gambling and Chain Letters in Recent Interview




" Finance mogul Warren Buffett, one of the most successful investors in history, discussed bitcoin during an interview on CNBC’s Squawk Box on April 12. As he has done in previous interviews, the business magnate likened bitcoin to a gambling scheme and chain letters he received as a child.

Buffett Shares His Two Cents on Bitcoin, Warns Against Making a Living ‘Trying to Bet Against the House’


It is well known that Warren Buffett does not like bitcoin, and he once said that he wouldn’t buy all the bitcoin (BTC) in the world for $25. Buffett is also known for saying that bitcoin is “probably rat poison squared,” and during an April 12 interview on CNBC’s Squawk Box, he reiterated his distaste for the leading cryptocurrency. During the interview, he summarized bitcoin as a “gambling token,” and he insisted that the world has seen an “explosion of gambling.”

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Source: Bitcoin


-5% Gross, -2% Net, UK


Seller Mandate Only

5K-50K+ BTC @ -5% Gross, -2% Net, UK - Look For Seller


Post: 14.4.23


  • Buyer (a consortium) is looking for 5K-50K BTC @ -5% gross, -2% net

  • We are ready and willing able to proceed with the BTC purchase

  • Buyer = 2%

  • Buyerside = 1.5%

  • Sellerside = 1.5%​​

  • Min = 5000 BTC

  • Quantity: 5000 -100,000 BTC

  • Wallet: 100 or less transactions

  • Requirement: Satoshi Test (0.00001801 BTC = 1 USD)

  • Payment: Fiat to Seller Nominated Account.



  • 1.Seller sends SPA

  • 2.Buyer fills in + CIS

  • 3.Seller counter sign+ CIS

  • 4.Buyer sends handshake from his wallet with 1.3m USDT and a provide the seller a certified bank statement of 850m USD 

  • 5..Seller Sends satoshi from a wallet with over 4000 BTC to the buyer  wallet 

  • 6.Seller sends invoice 

  • 7.Buyer pays for the first tranche 100 % to seller account 

  • 8.Seller confirms the funds and release the BTC to the Buyers wallet

  • N/B 5000 BTC upward can be agreed for first tranche


Interested parties should contact :

South Kensington London Mews


-5% Gross, -2% Net, UK


Seller Mandate Only

Email :

DM Raymond Chai (on Linkedin)

Telegram: +1 (786) 632 8577

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