Overview

Click to expand overview
Munger, Buffett's so-called right-hand man, expressed a similar sentiment. In my life, I try and avoid things that are stupid and evil and make me look bad in comparison Berkshire Hathaway CEO Warren Buffett and vice chairman Charlie Munger took turns bashing bitcoin at the company’s annual shareholder meeting Saturday in Omaha Munger responded: “In my life, I avoid things that are stupid, evil, or make me look bad in comparison with someone else.” Scathing Take: Munger had labeled Bitcoin as Latest ‘stupid’ remarks on Bitcoin. Berkshire Hathaway CEO Warren Buffett and Vice Chairman Charlie Munger one by one bashed Bitcoin at the company’s annual Buffet repeated his idea that cryptocurrencies will come to a “bad ending,” and claimed that Bitcoin (BTC) is probably rat poison squared, according to CNBC. In my life, I try to avoid things that are stupid, and evil, and make me look bad in comparison to someone else, and bitcoin does all three, Munger said. I try and avoid things that are stupid, evil, and make me look bad in comparison to someone else, Munger said. Bitcoin does all three. This weekend, billionaire

Is Bitcoin doomed after Munger, Buffett's latest criticisms? The annual Berkshire Hathaway shareholder meeting became a battleground, with Berkshire Hathaway CEO Warren Buffett and vice chairman Charlie Munger taking turns bashing bitcoin.

The strong words ignited debate: Is Bitcoin truly on a path to a “bad ending,” as Buffett predicts? He famously called Bitcoin (BTC) “rat poison squared,” according to CNBC, a sentiment that continues to resonate.

Munger, Buffett's so-called right-hand man, expressed a similar sentiment, holding nothing back. He didn't mince words, labeling Bitcoin as the latest ‘stupid’ thing to enter the financial world. His disdain was palpable.

Munger responded: “In my life, I avoid things that are stupid, evil, or make me look bad in comparison with someone else.” This wasn't a one-off remark. Scathing Take: Munger had labeled Bitcoin as Latest ‘stupid’ remarks on Bitcoin. Berkshire Hathaway CEO Warren Buffett and Vice Chairman Charlie Munger one by one bashed Bitcoin at the company’s annual meeting.

The core of Munger's argument? “In my life, I try and avoid things that are stupid and evil and make me look bad in comparison Berkshire Hathaway CEO Warren Buffett and vice chairman Charlie Munger took turns bashing bitcoin at the company’s annual shareholder meeting Saturday in Omaha. In my life, I try to avoid things that are stupid, and evil, and make me look bad in comparison to someone else, and bitcoin does all three, Munger said. I try and avoid things that are stupid, evil, and make me look bad in comparison to someone else, Munger said. Bitcoin does all three. This weekend, billionaire” investors weighed in, the future of Bitcoin hangs in the balance.

Are Buffett and Munger right? Is Bitcoin inherently evil? Or are they simply failing to understand a revolutionary technology? The debate continues.

Top Sources

Related Articles