Charlie Munger Says Bitcoin is “a Scum-Ball Activity,” Childish Insults

Charlie Munger, Warren Buffet, and Bill Gates, three staunch anti-Bitcoiner’s, have shocked no one by talking negatively about cryptocurrencies.

Yet in recent discussions on the market, CNBC’s news network neglected to invite anyone who might possibly offer rebuttal to the trio’s lambasting of Bitcoin.

Are These Old Dogs Capable of Learning New Tricks Anyway?

Vice President at Berkshire Hathaway, Charlie Munger, was first to lay into Bitcoin. He called it ‘worthless artificial gold‘ before stating that its ability to facilitate illegal activities isn’t something desirable for the world.

He went on to reference Oscar Wilde in a curiously nonsensical analogy:

“Bitcoin reminds me of Oscar Wilde’s definition of fox hunting – the pursuit of the uneatable by the unspeakable.”

We’re not exactly sure what makes someone who wants to store their value in an asset that’s untouchable by governments or the value debasing antics of central bankers an ‘unspeakable’ –…