USA TODAY / AP: …
• [Warren] Buffett says he’s not interested in owning Bitcoins because they don’t store value or provide a durable means of exchange. Bitcoin is billed as a virtual currency that has grown in popularity since its 2009 creation as a way to make transactions across borders without third parties such as banks.
“It’s not a currency,” Buffett said. “I wouldn’t be surprised if it’s not around in 10 or 20 years.”…
• Buffett said increasing the minimum wage is likely to reduce the number of jobs somewhat. He said expanding the earned income tax credit would be a more effective way to reduce income inequality… (more)
