Charlie Munger Calls Bitcoin "Disgusting"
Berkshire Hathaway Vice Chairman Charlie Munger stated his disapproval of Bitcoin at the annual shareholder meeting, according to CNBC.
"Of course I hate the bitcoin success," the 97-year-old said. "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."
