Warren Buffett: Bitcoin is a gambling token and doesn't have any intrinsic value

Warren Buffett gambling (AI image)

Warren Buffett warned there has been an explosion of gambling in financial markets and called bitcoin a gambling token.

It's certainly been a good gamble lately, with bitcoin prices up another 0.3% to $30,285 today.

He warned that human nature wants to get rich quick but how he's done it is "getting rich slowly and having lots of fun along the way".