*By Jacqueline Corba*
Business and tech titans didn't hold back in making their real feelings about cryptocurrency widely known. On Cheddar's Crypto Craze, Jen Wieczner of Fortune discussed the top headlines with Nora Ali and Brad Smith, including news about a new round of funding for the fintech firm Robinhood.
**Warren Buffett, Bill Gates, and Gary Cohn slam Bitcoin.**
In an interview with [Fox Business](https://www.youtube.com/watch?v=mldCPQ4ypYM) at Berkshire Hathaway's annual meeting last weekend, Buffett called Bitcoin "rat poison squared."
"This is a little bit more of a sharp-worded barb at Bitcoin than we've heard from Warren Buffett in the past, but he's been no fan of Bitcoin and he's made that no secretー after all he is the most famous stock investor in the world," said Wieczner, a senior writer at Fortune. "This is something that the older generation has always had trouble with is anticipating where we are going next."
Indeed, Bill Gates said he'd invest in Bitcoin only if there was an easy way to [short it](https://www.cnbc.com/2018/05/07/bill-gates-i-would-short-bitcoin-if-i-could.html). That burn prompted Tyler Winklevoss, an early evangelist for cryptocurrency, to [challenge Gates on Twitter](https://twitter.com/tylerwinklevoss/status/993562310567452673) to "put your money where your mouth is."
Gary Cohn, the former White House Economic Advisor, told [CNBC's Bob Pisani](https://www.youtube.com/watch?time_continue=150&v=bcGjYHx6gVk ), "I'm not a big believer in Bitcoin, I am a believer in blockchain technology."
**NYSE and Goldman consider getting into crypto.**
Two major institutions are looking to get some skin in the crypto game, according to a recent report in [The New York Times](https://www.nytimes.com/2018/05/07/technology/bitcoin-new-york-stock-exchange.html). Goldman Sachs may build a team dedicated to trading Bitcoin, which would make it the first Wall Street bank to do so. Also ICE, the parent company of the NYSE, is reportedly building a Bitcoin trading platform. ICE did not comment.
"In order for this to really go mainstream and for the price to take off you need these big institutions," said Wieczner.
**Robinhood looks to take crypto trading big time.**
The fintech app maker [closed $363 million in Series D funding](http://fortune.com/2018/05/10/robinhood-stock-crypto-trading/), and it looks to bring cryptocurrency trading nationwide by the end of 2018. Now valued at $5.6 billion, Robinhood is taking on Coinbase to become one of the biggest cryptocurrency trading platforms.
"They still think they can steal a huge part of that market," said Wieczner. "They think its better the more they compete, the better it is for cryptocurrency, and everyone can make money."
For the full interview, [click here](https://cheddar.com/videos/titans-talk-bitcoin-and-tyler-winklevoss-pushes-back).
The State Department had been in talks with Elon Musk’s Tesla company to buy armored electric vehicles, but the plans have been put on hold by the Trump administration after reports emerged about a potential $400 million purchase. A State Department spokesperson said the electric car company owned by Musk was the only one that expressed interest back in May 2024. The deal with Tesla was only in its planning phases but it was forecast to be the largest contract of the year. It shows how some of his wealth has come and was still expected to come from taxpayers.
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You'll just have to wait for interest rates (and prices) to go down. Plus, this deal's a steel, the big carmaker wedding is off, and bribery is back, baby!
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William Falcon, CEO and Founder of Lightning AI, discusses the ongoing feud between Elon Musk and Sam Altman, and how everyday people can use AI in their lives.
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