Fans of bitcoin also claim that the value of cryptocurrencies should be more stable because there is a finite supply of coins. But bitcoin skeptics, including investing legend Warren Buffett, think bitcoin is something to be avoided at all costs. But the bubble has burst for bitcoin and other cryptocurrencies like ethereum, litecoin and ripple/XRP during the past two years. "I don't see a compelling reason for someone to own bitcoin or other cryptocurrencies in their portfolio. Gold or silver may be a safer bet than bitcoinNorris said he understands that some investors consider bitcoin a hedge against currency fluctuations.

Source: CNN February 28, 2019 17:48 UTC