Buffett leaves Berkshire after 56 years and revives a debate that bitcoin seeks to resolve

An old concern from Buffett about fiat currencies finds a contrast in bitcoin’s monetary rules.

Buffett questioned the risk that inflation reduces the purchasing power of currencies.

BTC’s monetary policy contrasts with governments’ ability to change the fiat supply

Warren Buffett leaves the presidency of the U.S. holding company Berkshire Hathaway after 56 years at the helm of the company. At 96 years old, he will move into the role of executive chairman and remain on the board, while his son Howard Buffett will take over as president. His departure puts back under the spotlight a warning the investor made about fiat currencies—one that connects to a core argument of bitcoin.

At Berkshire’s 2025 annual meeting, Buffett expressed his concern about the tendency of governments to devalue their currencies. As he explained, governments’ natural course can lead them to reduce the value of their currency over time—a risk he considers relevant for investors.
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