Charlie Munger jokes about bitcoin, saying cryptocurrency fans 'celebrate the life and work of Judas Iscariot'

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Charlie Munger continued his rant against the investment prospects of bitcoin.

Berkshire Hathaway Vice Chairman Charlie Munger slammed bitcoin at the company's annual meeting, saying bitcoin investots share the values of Judas Iscariot.Follow Markets Insider's coverage of Berkshire Hathaway's annual meetingBerkshire Hathaway Vice Chairman Charlie Munger said he finally discovered what bitcoin investors do during their"happy hour" events.

After attending the event, Munger said he divined that bitcoin investors gather together to"celebrate the life and work of Judas Iscariot." Munger previously"And I think the people who are professional traders that go into trading cryptocurrencies, it's just disgusting," he added."It's like somebody else is trading turds and you decide, 'I can't be left out.

Munger's investment partner, Warren Buffett, has also criticized the asset class. In a May 2018 interview with CNBC, Buffet said bitcoin was"

 

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Bitcoin Bad.

bitcoin will destroy buffet munger life work!

$91 billion in banks, i would hate bitcoin too. Bitcoin will destroy banks.

Yes a lot of crypto is vaporwave trash. But only if these delusional boomers set in there ways really knew how deep the rabbit hole really go’s 🦆🦆🦆

This old frog is over 95 years old and we’re supposed to care?

Old man that missed the best performing asset of the last century drowns in a lake of salt. He is dead.

Dude hates bitcoin but loves bailouts and share buybacks.

Lke when they FOMO $AMZN 22 yrs later near coffin time.

duck_butler sorry boomers wait no not at all kek

Why do you think these billionaires keep talking (down) to Bitcoin? Hint: Do people talk about something that they don't really care about? Do they concern that people are allocating some funds to invest in BTC? Is the ground shifting? Food for thought! $BTC

What a jerk

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