Buffett calls gold, cryptocurrencies 'non-productive assets'
Speaking at Berkshire Hathaway's annual meeting on Saturday, billionaire Chairman Warren Buffett called gold and cryptocurrencies like Bitcoin "non-productive assets". Buffett said the value of cryptocurrencies depends on someone wanting to buy them for even more money. Cryptocurrencies draw in a lot of "charlatans" and people of "less than stellar character," he added.