Charlie Munger has stressed that Bitcoin is not a productive asset
Berkshire Hathaway Vice Chairman Charlie Munger took aim at Bitcoin during the company’s annual shareholder meeting in Omaha, predicting that the world’s largest cryptocurrency will"very likely" collapse to zero.
The 91-year-old entrepreneur, whose net worth is estimated to be $124.3 billion, has reiterated that Bitcoin doesn’t produce anything. One of the most famous investors of all time claims that Bitcoin stands no chance against the U.S. dollar.
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