Bitcoin's meteoric rise has won over many of the cryptocurrency's former critics. When it comes to Berkshire Hathaway CEO Warren Buffett and his right-hand man, Charlie Munger, that's definitely not the case.
Munger said that he hated the Bitcoin success during Berkshire's annual shareholder meeting that took place on May 1. He added that "the whole development" is disgusting and runs counter to the interests of the civilization While "the Oracle of Omaha" dodged a question about Bitcoin, he agreed with Munger's scathing statement:
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