Warren Buffet, Bitcoin don't have a value

[CryptoGirl]

"People get excited from big price movements, and Wall Street accommodates," he was quoted as saying. Describing bitcoin as a "real bubble," according to the publication, Buffett also criticized the idea of applying a value to bitcoin.

adding :
"You can’t value bitcoin because it’s not a value-producing asset."

http://www.marketwatch.com/story/warren-buffetts-master-class-on-bitcoin-self-driving-vehicles-clean-energy-and-life-2017-10-26

[leithy]

Bitcoin will have value as long as there is demand for it.

[Keenetik]

Так бумажные деньги доллары или рубли, тоже уже давно ничем не подкреплены. Нет столько золота.

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"People get excited from big price movements, and Wall Street accommodates," he was quoted as saying. Describing bitcoin as a "real bubble," according to the publication, Buffett also criticized the idea of applying a value to bitcoin.

adding :
"You can’t value bitcoin because it’s not a value-producing asset."

http://www.marketwatch.com/story/warren-buffetts-master-class-on-bitcoin-self-driving-vehicles-clean-energy-and-life-2017-10-26

What could be the effect of such a speech?