![I see [Bitcoin as] an artificial speculative medium that people are buying just because they think they can sell it to somebody else at a higher price, even though it inherently has no intrinsic value. So, I regard the whole business as anti-social, stupid, immoral. [...] I regard the thing as a combination of dementia and immorality, and I think the people that are pushing it are a disgrace. (Charlie Munger)](https://cdn.quotesdtb.com/img/quotes_images_webp/50/charlie-munger-business-buying-303850.webp)
I see [Bitcoin as] an artificial speculative medium that people are buying just because they think they can sell it to somebody else at a higher price, even though it inherently has no intrinsic value. So, I regard the whole business as anti-social, stupid, immoral. [...] I regard the thing as a combination of dementia and immorality, and I think the people that are pushing it are a disgrace.
Charlie MungerRelated topics
business buying dementia disgrace immorality intrinsic people price see sell somebody stupid thing think value higher bitcoinRelated quotes
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Margaret Mead
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Thomas Carlyle
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Irwin Schiff
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Matt Ridley
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Albert Ellis
