• Bitcoin Is a ‘Noxious Poison,' Billionaire Says

    6 monthes ago - By Fortune

    Billionaire Charles Munger said he detests Bitcoin and wouldn't have anything to do with the digital currency.
    "I never considered for one second having anything to do with it. I detested it the moment it was raised," Munger said Wednesday at the annual meeting for Daily Journal Corp. in Los Angeles. "It's just disgusting. Bitcoin is noxious poison."
    Munger said the government of China, which is "stepping on it" pretty hard, is right, and the U.S. government, which is more lax on Bitcoin, is wrong.
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  • MUNGER ON BITCOIN: 'The more popular it got, the more I hated it.'

    MUNGER ON BITCOIN: 'The more popular it got, the more I hated it.'

    6 monthes ago - By Business Insider

    Charlie Munger, the 94-year-old vice chairman at Berkshire Hathaway, ripped into bitcoin on Wednesday.
    "I detested it the minute it had been raised," he said.
    Berkshire Hathaway's Charlie Munger just ripped into bitcoin.
    The 94-year-old vice chairman at Warren Buffett's Berkshire Hathaway referred to bitcoin as a "noxious poison" Wednesday during a shareholder meeting for the Daily Journal, a publishing firm for which Munger serves as chairman and director.
    "I never considered for one second having anything to do with ," Munger said, according to a report by Yahoo Finance's Julia La Roche...
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