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AP Photo / Nati Harnik
Berkshire Hathaway Vice President Charlie Munger said he has finally discovered what bitcoin investors are doing on their "happy hours". The billionaire investor was invited to an event by a group investing in cryptocurrency, adding that his social status had reached new heights.
Munger, who did not attend the event, guessed that bitcoin investors were coming together to "celebrate the life and work of Judas Iscariot". Munger had previously decried the badet clbad trading, claiming that it was "just insanity".
"And I think professional traders who trade crypto-currencies are just disgusting," he added. "It 's as if someone else was negotiating shit and you decide:" I can not be left out ".
Munger 's investment partner, Warren Buffett, also criticized the badet clbad. In an interview with CNBC in May 2018, Buffet said that bitcoin was "probably a poison for rat squared". Buffett also said that cryptocurrency "would end up with a bad end".
Bitcoin has fallen sharply from its peak of $ 19,843 in December 2017. However, it has risen 55% this year, trading at $ 5,689 per coin.
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