In his own words
Munger on Crypto
3 sourced quotes. All themes →
“I think it's rat poison... So it's more expensive rat poison.”
Munger called bitcoin 'rat poison' in 2013 (BTC ~$150) and 'more expensive rat poison' by 2018. Distinct from Warren Buffett's separate 'rat poison squared' line.
“I think I should say modestly that I think the whole damn development is disgusting and contrary to the interests of civilization.”
“It's like someone else is trading turds and you decide you can't be left out.”