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Bitcoin is now valued at just under 6% less than Berkshire Hathaway, the conglomerate holding company headed by prominent BTC critic Warren Buffett. Bitcoin (BTC) currently has a market capitalization of $717.94 billion, while Berkshire Hathaway’s market cap stands at $760.18 billion. This means Bitcoin is now worth only 5.9% less
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Warren Buffett’s right-hand man and the vice chairman of Berkshire Hathaway, Charlie Munger, says people who oppose banning cryptocurrencies are “idiots,” adding that it’s “just ridiculous” anybody would buy crypto. He also likened replacing national currencies to replacing air, stating that “It’s massively stupid.” Berkshire Vice Chair Charlie Munger Says Replacing
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Berkshire Hathaway Vice Chairman Charlie Munger, Warren Buffett’s right-hand man, has commented on the collapse of crypto exchange FTX, stating that “it is partly fraud and party delusion.” Noting that “the country did not need a currency that’s good for kidnappers,” he stressed: “I basically like the existence of the
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Berkshire Hathaway Vice Chairman Charlie Munger, Warren Buffett’s right-hand man, says China did the right thing to “ban” cryptocurrencies, including bitcoin. He wishes that cryptocurrencies had never been invented, emphasizing that he will not participate in the crypto boom. He considers “this era even crazier than the dot-com era.” Warren Buffett’s
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Charlie Munger issued a grave warning about the economy earlier this week. The Berkshire Hathaway vice-chair and long time business partner of Warren Buffett says there’s “lots of troubles coming” for the economy. In his 2018 annual letter to shareholders, Warren Buffett called Berkshire “a financial fortress.” Just what is he building
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