[2019-05-06] Bitcoin Investors and Judas Iscariot

[CryptoBry]

Charlie Munger: Bitcoin Investors ‘Celebrate the Life and Work of Judas Iscariot’

Charlie Munger, billionaire investor and vice chairman of American holding conglomerate Berkshire Hathaway, again criticized bitcoin stated that bitcoin investors "celebrate the life and work of Judas Iscariot."

“And I think the people who are professional traders that go into trading cryptocurrencies, it is just disgusting. It is like somebody else is trading turds and you decide, 'I can't be left out.'"

Source: https://cointelegraph.com/news/charlie-munger-bitcoin-investors-celebrate-the-life-and-work-of-judas-iscariot

Not surprisingly, Charlie Munger is also an old school though very successful investor as he is working with the famous Warren Buffet who is also a great critic of Bitcoin and cryptocurrency. This time Charlie is using a famous biblical figure the one who betrayed Jesus Christ leading him to be killed on the cross. Charlie must have very deep dislike of Bitcoin just judging with this statement.

Do you agree, disagree or somehow agree with Charlie?

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[Lucius]

Those who do not agree with Buffett will surely agree neither with his boy, they have identical opinions and so will be as long as they live. Comparison of Judas Iscariot with bitcoin investors is another idiotic attempt which does not make any sense, but the money and power that comes from it gives them the right to talk whatever they want.

What matters to me personally is the fact that these people will soon die out, and that the world will be at least a little better without them.

[davis196]

Wow,I've seen a lot of FUD and hater opinions about cryptocurrencies,but I've never seen anyone to compare crypto with turds.
I don't get the Judas Iscariot reference here.Why are the crypto traders compared with Judas?Are we betraying Jesus Christ(Wall Street)?If this is what Munger means,I'm happy that we are betraying the holly Wall Street.

[Slow death]

Do you agree, disagree or somehow agree with Charlie?

How the hell would someone agree with him? he say this:

“And I think the people who are professional traders that go into trading cryptocurrencies, it is just disgusting. It is like somebody else is trading turds and you decide, 'I can't be left out.'"

He said that who makes trade of cryptos are turds. Why the hell the news channels about bitcoin post such news?

[1Referee]

Do you agree, disagree or somehow agree with Charlie?

Asking this on a Bitcoin forum is like asking Bitcoiners if Bitcoin is a shitcoin or not.

These old dust farters don't care about Bitcoin, just like how Bitcoiners don't care about Vechain or whatever other shitcoin. If you as news outlet continue to ask these legacy investors the same silly questions (which they obviously do on purpose), you can only expect them to talk shit about Bitcoin.

Ask me about a random shitcoin, I'll make sure to tell you what I think about it. 

[BitHodler]

He said that who makes trade of cryptos are turds. Why the hell the news channels about bitcoin post such news?

Because they know that Bitcoin enthusiasts will be triggered to share these articles in an attempt to show how stupid Buffett and Munger are. In other words, it's free and smart marketing.

Just look at how people on social media have gone nuts on this article where they all rehash how stupid and ignorant these two traditional investors are. It's almost funny reading through some of the comments.

That being said, I don't really see anything wrong with news outlets posting these articles. This is way less worse than when Munger said that trading Bitcoin is similar to trading harvested baby brains.

[hatshepsut93]

Somehow these comments from Dimon, Buffet and now this guy always make me lol, like how salty do you have to be to attack people for simply participating in the free market? They of all people would know how to keep your emotions separate from trading and seize every opprotunity you can get, but instead they act like they are scared of Bitcoin, and they very well may be. They really don't want money going from their territory into crypto world which they simply can't understand.

[dunfida]

He said that who makes trade of cryptos are turds. Why the hell the news channels about bitcoin post such news?

Because they know that Bitcoin enthusiasts will be triggered to share these articles in an attempt to show how stupid Buffett and Munger are. In other words, it's free and smart marketing.

Just look at how people on social media have gone nuts on this article where they all rehash how stupid and ignorant these two traditional investors are. It's almost funny reading through some of the comments.

That being said, I don't really see anything wrong with news outlets posting these articles. This is way less worse than when Munger said that trading Bitcoin is similar to trading harvested baby brains.

I do rather prefer with these news outlets to have this kind of transparency which they dont even tend to cover up these stupid people saying up foolish things against Bitcoin/Crypto
and everytime on reading up their opinions/views/comments i do simply laugh on front of my PC.

If this is what Munger means,I'm happy that we are betraying the holly Wall Street.

We would fucked em hard.