Berkshire Hathaway annual meeting |Charlie Munger calls bitcoin disgusting

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Berkshire Hathaway annual meeting |Charlie Munger calls bitcoin disgusting
Berkshire Hathaway Vice Chairman Charlie Munger called bitcoin "disgusting and contrary to the interests of civilization."
"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," he said.
The 97-year-old Munger has long criticized bitcoin for its extreme volatility and a lack of regulation.
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