Munger Scales New Metaphorical Heights With Bitcoin Bashing, Compares Crypto To Organ Trading

Charlie Munger’s uniquely imaginative vision of Bitcoin (BTC) was given yet a further twist today, as the Berkshire Hathaway vice chairman compared cryptocurrency trading to dealing in “freshly harvested baby brains.” During an interview with Yahoo Finance May 7, Munger was asked if there were anything he could recognize of value in the crypto phenomenon. He replied:

“The computer science behind Bitcoin is a great triumph of the human mind, that’s what’s captivated all these people. They’ve created a product that’s hard to create more of but not impossible … [But] I see an artificial speculative medium … I regard the whole business as anti-social, stupid and immoral.”

When Munger was queried as to exactly what he meant by “immoral,” he offered a lurid illustration:

“Suppose you could make a lot of money trading freshly harvested baby brains. Would you do it, or would you say that’s immoral? You wouldn’t trade them, would you? It’s too awful a concept. Well, to me Bitcoin is almost as bad.”

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Source: Munger Scales New Metaphorical Heights With Bitcoin Bashing, Compares Crypto To Organ Trading