Rich dudes are running out of insults for Bitcoin

Bitcoin bashing has been a popular sport among the very rich for quite a while, but this week the usual suspects have considerably upped their game. 

These days, it’s no longer enough to call Bitcoin a bad or dangerous investment. If you want to convince the world that Bitcoin is no good, you need to conjure up a string of adjectives so scathing that it makes the Bitcoin sound worse than the plague. 

Just yesterday, in an interview with Yahoo Finance,  Berkshire Hathaway vice chairman  Charles Munger called Bitcoin “anti-social,” “stupid,” “immoral,” and a “turd.” He likened it to organ trading, said people pushing Bitcoin are a “disgrace,” and he somehow managed to squeeze the word “dementia” in there, too.  Read more…

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