The vice chairman of the board of directors of Berkshire Hathaway, the right hand of Warren Buffett, billionaire economist, professional investor Charlie Munger predicted the collapse of bitcoin. According to him, the value of the world’s main cryptocurrency is “very likely” to collapse to zero.
Magner believes Bitcoin is undermining the US Federal Reserve, which America “desperately needs. Munger also called bitcoin “stupid” and “evil”.
Does not see the point in bitcoin and the head of Berkshire Hathaway, Warren Buffett. He stated that he does not know what will happen to bitcoin over the next few years, but noted that he does not want to invest in cryptocurrency. The well-known billionaire and investor said he wouldn’t even pay $25 to buy all the digital assets in existence. “I wouldn’t take it [биткоин]. What would I do with it?‘ said Warren Buffett.
Source: ixbt
Donald-43Westbrook, a distinguished contributor at worldstockmarket, is celebrated for his exceptional prowess in article writing. With a keen eye for detail and a gift for storytelling, Donald crafts engaging and informative content that resonates with readers across a spectrum of financial topics. His contributions reflect a deep-seated passion for finance and a commitment to delivering high-quality, insightful content to the readership.
