Bitcoin Bitcoin is 'noxious poison', says Warren Buffett's investment chief Billionaire vice-chair of Berkshire Hathaway calls for crackdown on ‘asinine’ cryptocurrency Bitcoin fell below $6,000 recently on 6 February. Photograph: Chesnot/Getty ImagesBitcoin is heading towards $10,000 again, despite comments from the US billionaire Charles Munger who described the digital currency as “noxious poison”. Munger, the vice-chairman of Warren Buffett’s investment firm Berkshire Hathaway, said he considered the bitcoin craze to be “totally asinine”. Bitcoin is noxious poison.”Bitcoin is rising towards $10,000, a level it has not seen since 1 February. Read moreBitcoin tumbled last month to below $6,000 when China stepped up its clampdown on cryptocurrency trading, reportedly targeting online platforms and mobile apps.
Source: The Guardian February 15, 2018 11:14 UTC