“Of course I hate the bitcoin success,” the 97-year-old Munger said during a Q&A session at Berkshire’s annual shareholder meeting Saturday. “I don’t welcome a currency that’s so useful to kidnappers and extortionists and so forth, nor do I like just shuffling out of your extra billions of billions of dollars to somebody who just invented a new financial product out of thin air.”
“I think I should say modestly that the whole damn development is disgusting and contrary to the interests of civilization”.
Eulogy made by Charlie Munger
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Good thing that Bernie used dollars in his Ponzi scheme so no one was hurt.???
That doesn’t make any sense at all.
Best comment I’ve read in a long time!!!