94-Year-Old Charlie Munger Described Bitcoin As A Poison
94-Year-Old Charlie Munger Described Bitcoin As A Poison
Charlie Munger vice chairman of Berkshire Hathaway’s (BRK-A, BRK-B) in a statement today described Bitcoin as totally "asinine".
94 years old Munger spoke at the Daily Journal’s (DJCO) annual meeting in Los Angeles
“I have never considered for one second having anything to do with [bitcoin],” “I detest it the minute it had been raised. The more popular it got, the more I hate it.”
“It’s just disgusting that people have been taken in by this,” he said. And it’s the governments job to step on it hard
“I can say with almost certainty that they will come to a bad ending,” he nonetheless offered in comments to CNBC.
JPMorgan CEO Jamie Dimon claimed he “was not a skeptic” in private comments during January’s World Economic Forum, having said he regretted previously calling Bitcoin a “fraud.”