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Wasn't it Charles Munger who used the term rat poison to refer to bitcoin?

It always reminded me of the Banksy quote:

"If you win the rat race you are still a rat"

So perhaps it is rat poison and the rats are JPMorgan and all those investment firms.

Yes, Charlie Munger said that 8 years ago[1]. Buffet was quoting Munger in 2018, but added a 'probably'

[1] https://video.foxbusiness.com/v/2359385547001 (it's right at the beginning of this discussion with Buffet, Munger and Bill Gates)

edit: The price was about $100 when Munger called it Rat Poison, and about $10,000 when Buffet called it Rat Poison Squared, so Buffet was amazingly accurate

Almost, it was Warren Buffet (the article says this). More: https://www.cnbc.com/2018/05/05/warren-buffett-says-bitcoin-...

Edit: apparently Buffet was referring to an earlier statement by Munger

So they're all just parroting something they heard.

Hardly surprising after a crypto market downturn.

Or, you know, they were asked if they agreed with the view. Which is what the article states near the end.

Coming to this realization would have required reading the article.

I read about 75% of the article but then an ad popped up and covered up the bottom.

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