Auto Added by WPeMatico

Berkshire Hathaway’s Charlie Munger Finds Bitcoin ‘Disgusting and Contrary to the Interest of Civilization’

Berkshire Hathaway Vice Chairman Charlie Munger, Warren Buffett’s right-hand man, says he hates bitcoin’s success. “I don’t welcome a currency that’s so useful to kidnappers and extortionists and so forth,” Munger said. Buffett, on the other hand, dodged the question about bitcoin because he did not want to upset the sheer number of investors who are long on the cryptocurrency. Charlie Munger Hates Bitcoin’s Success At Berkshire Hathaway’s annual shareholder meeting Saturday, Vice Chairman Charlie Munger commented about bitcoin. The 97-year-old said during a Q&A session: Of course I hate the bitcoin success. I don’t welcome a currency that’s so…

Continue Reading Berkshire Hathaway’s Charlie Munger Finds Bitcoin ‘Disgusting and Contrary to the Interest of Civilization’

End of content

No more pages to load