The outspoken proponent of the cryptocurrency industry – Anthony Scaramucci – urged investors to ignore Berkshire Hathaway’s CEO Warren Buffett and the head of JPMorgan Chase – Jamie Dimon – who have criticized the digital asset sector numerous times. Scaramucci argued that these people had not done their “homework,” which is why they have not entered the crypto market.
On the other hand, prominent investors such as Paul Tudor Jones, Stan Druckenmiller, and Steve Cohen had done sufficient research into the matter and jumped on the bandwagon, Scaramucci added.
Why are Buffett and Dimon Against Crypto?
Apart from having keen supporters, the digital asset sector has its strong opponents, too. Two of those are the “Oracle of Omaha” Warren Buffett and JPMorgan CEO Jamie Dimon.
A few years ago, the former called bitcoin “rat poison,” which cannot be considered a real investment but speculative gambling. In the following years, Buffett reiterated his anti-crypto viewpoin
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