First mentioned: 01/01/2018
Last mentioned: 01/05/2021
Total mentions: 2
Most mentions: 2021
Charlie Munger, an American entrepreneur, investor, and philanthropist, collaborated closely with Warren Buffett in his role as the vice chairman of Berkshire Hathaway.
Charlie Munger on Bitcoin
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During the annual shareholders meeting at Berkshire Hathaway, Munger expressed his strong disapproval of Bitcoin, branding it as 'disgusting and contrary to the interests of civilization.' Additionally, he emphatically declared his aversion to any success linked to Bitcoin. "Of course I hate bitcoin success. 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."
Munger has consistently expressed his strong opinions on Bitcoin, asserting at the annual meeting of the Daily Journal that he considers it to be 'noxious poison' and 'totally asinine.' "I regard the bitcoin craze as totally asinine."
