So the Berkshire Hathaway meeting is big news today.
Buffet talks about his mistakes with $AAPL and the airlines and Munger mocks all the new Crypto Millionaires for getting rich on Crypto.
Saying it's "bad for civilization."
Give me a break.
Let the New Paradigm shine.
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... I assume he is referring to the environmental costs of it? Or maybe the fact that 70% of Bitcoin mining happens in China?
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Or the fact that someday Congress could pass legislation stopping bitcoin from being used? When they figure out how much "money" is changing hands anonymously without being taxed and for illegal purposes, they will act.