Charlie Munger took aim at bitcoin and cryptocurrencies during the conglomerate’s annual meeting on Saturday.
“I think the whole damn development is disgusting and contrary to the interests of civilization,” said Munger.
Buffett’s right-hand-man called bitcoin a “financial product invented out of thin air.” “Of course I hate the bitcoin success,” Munger said. “I don’t welcome a currency that is so useful to kidnappers and extortionists.”...