Berkshire Hathaway Vice Chairman Charlie Munger, a longtime cryptocurrency skeptic, said digital currencies are a malicious combination of fraud and delusion.
“This is a very, very bad thing. The country did not need a currency that was good for kidnappers,” Munger said in an interview with CNBC’s Becky Quick. “There are people who think they’ve got to be on every deal that’s hot. I think that’s totally crazy. They don’t care whether it’s child prostitution or bitcoin.”
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