Tag: Iscariot

Billionaire Charlie Munger Compares Bitcoin Investors to ‘Judas Iscariot’

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In a bizarre turn of events, Charlie Munger–one of Wall Street’s most recognizable figures and long-time partner to Warren Buffett–compared cryptocurrency investors to the biblical figure of Judas Iscariot. The billionaire investor and Vice Chairman for Berkshire Hathaway continued his criticism of Bitcoin, which has been ongoing for several years. Munger’s comments follow on the heels of the most recent remarks by partner Warren Buffett, who last week called Bitcoin a “gambling device.” Buffett, who is worth over $90 billion, lamented the state of Bitcoin and cryptocurrency investing as a…

Bitcoin Investors ‘Celebrate the Life and Work of Judas Iscariot’

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Charlie Munger, billionaire investor and vice chairman of American holding conglomerate Berkshire Hathaway, again criticized bitcoin (BTC), financial markets-focused news outlet Markets Insider reported on May 4. Munger — who was invited to an event by an unnamed digital currency investment group, but did not attend it — stated that bitcoin investors “celebrate the life and work of Judas Iscariot.” Munger thus reiterated his negative stance towards cryptocurrencies. Last February, Munger described the leading cryptocurrency as “totally asinine,” at the 2018 annual general meeting of the Daily Journal Corporation. He…

Bitcoin ‘Dementia’ Patients Worship Judas Iscariot

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By CCN: Billionaire pals and colleagues Warren Buffett and Charlie Munger doubled-down on their bitcoin haterade at the 2019 Berkshire Hathaway annual shareholders meeting. Munger said bitcoin fans had invited him out for a drink this weekend, but he didn’t even consider it because he thinks they’re all traitors. “I’ve been invited during this gathering to go to a happy hour put on by the bitcoin people. And I tried to figure out what the bitcoin people do in their happy hour and I finally figured it out: They celebrate…