Li Lu says crypto will eventually disappear on its own
Photo: Crypto Briefing
The value investor known as China's Buffett told a Columbia audience that crypto lacks the state enforcement money needs to survive Li Lu, the value investor often called “China’s Buffett,” has a blunt forecast for crypto. He thinks it will fade out of existence without anyone needing to push it. Speaking at Columbia Business School’s 36th Annual Graham & Dodd Event on October 15, 2026, Lu described crypto as fake. His core argument is that digital assets lack the enforcement power that only governments provide.
Source: Crypto Briefing
