Charlie Munger: Bitcoin is ‘stupid, evil and makes me look bad,’ says Xi Jinping ‘smart’ to ban it in China


Source: freeamericanetwork.com freeamericanetwork.com

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The heads of Berkshire Hathaway made clear in no uncertain terms that they still see no value in bitcoin and cryptocurrency . In a comparison between taking 1% ownership of all the land or apartment buildings in the United States at-value or 100% of the global supply of bitcoin for $25, CEO Warren Buffett said he would never take the bitcoin. BUFFETT COMPARES WALL STREET TO GAMBLERS, WOULD TRUST ‘MONKEYS’ OVER FINANCIAL ADVISORS “I have to sell it back to you one way or the other … it isn’t going to do anything,” Buffett said. “That’s the difference between productive...