Berkshire Hathaway’s Charlie Munger Says Bitcoin Is ‘Disgusting And Contrary To Interests Of Civilization’

SourceYahoo News
SectorFinancial Markets
CountryMiddle east

Oops!Something went wrong.Please try again later.Bibhu PattnaikMay 1, 2021, 1:59 PM·2 min readOops!Something went wrong.Please try again later.

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.

Munger Weighs In: “Those who know me well are just waving the red flag to the bull,” Munger more...