Who woulda guessed: an old school investor is really, really anti-Bitcoin.
On Wednesday, Charles Munger, the vice chairman of Warren Buffett's investment firm Berkshire Hathaway, described Bitcoin as "noxious poison."
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While at the annual meeting of the Daily Journal, which Munger chairs, the Guardian reports that he also called the interest in Bitcoin "totally asinine."
"I never considered for one second having anything to do with it," Munger said. "I detested it the moment it was raised. It’s just disgusting. Bitcoin is noxious poison." Read more...