Bitcoin Prediction: Hear from Charlie Munger, Cathie Wood, Buffett and Soros

“We expected institutional interest to pick up this year and it certainly has, but the way in which it’s picked up has surprised us,” she said. “I don’t think we ever thought there would be broad-based substitution of bitcoin for cash on corporate balance sheets, so we find that very interesting.”

"We think the whole infrastructure around crypto is really interesting, and we’ve been making some investments into that infrastructure—and we think that is at an inflection point," Soros Fund Management's Dawn Fitzpatrick said.

“Well I have the same difficulty that Samuel Johnson once had when he got a similar question, he said, ‘I can’t decide the order of precedency between a flea and a louse,’ and I feel the same way about those choices. I don’t know which is worse.”

"Cryptocurrencies basically have no value and they don't produce anything. They don't reproduce, they can't mail you a check, they can't do anything, and what you hope is that somebody else comes along and pays you more money for them later on, but then that person's got the problem. In terms of value: zero."

"Bitcoin has been used to move around a fair amount of money illegally."