This Is Why BlackRock Is Buying So Much Bitcoin - Michael Saylor NEW Bitcoin Prediction
This Is Why BlackRock Is Buying So Much Bitcoin - Michael Saylor NEW Bitcoin Prediction
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First off, we're saluting Charlie Munger, the investing legend who just left us at 99. He and Buffett were the Batman and Robin of the finance world, and their annual shareholder meetings were like Woodstock for capitalists. People from around the globe gathered for their financial wisdom, and boy, did they have opinions!
Now, let's talk Bitcoin. During a 2021 shareholder event, Munger went all out, calling Bitcoin's success "detestable." Why? Kidnappers, extortionists - he wasn't a fan. Buffett, on the other hand, wasn't vibing with Bitcoin either. He'd drop $25 billion for a slice of U.S. farmland, but Bitcoin? Nah, not his cup of financial tea.
Buffett had a point. He'd rather own farmland or apartment buildings, things that churn out food and rent money. But Bitcoin? Useless, according to him. Munger had his own take, calling Bitcoin "stupid" and "evil." He even thought it made the U.S. look dumb compared to China, which had slammed the Bitcoin door shut.
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#Ethereum #Bitcoin
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