Berkshire Hathaway’s Charlie Munger Says Bitcoin Is ‘Disgusting And Contrary To Interests Of Civilization’
- Date: 02-May-2021
- Source: Yahoo News
- Sector:Financial Markets
- Country:Middle East
Berkshire Hathaway’s Charlie Munger Says Bitcoin Is ‘Disgusting And Contrary To Interests Of Civilization’
The inevitable question came up about Bitcoin (CRYPTO: BTC) during today's Berkshire Hathaway Inc (NYSE: BRK-A)(NYSE: BRK-B) 2021 shareholders meeting with Warren Buffett and Charlie Munger.
Buffett Dodges: Buffett, chairman of Berkshire Hathaway, said he hates it when he sees politicians dodge questions, but that he would do so himself on the question of Bitcoin.
"We had a governor one time in Nebraska, a long time ago, and he would get a tough question, you know. 'What do you think about property taxes?' or 'What should we do about schools?' and he'd look right at the person, and he'd say, 'I'm all right on that one!' and he'd walk off. Well, I'm all right on that one," Buffett said before turning it over to Vice Chairman Munger.
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