I see [Bitcoin as] an artificial speculative medium that people are buying just because they think they can sell it to somebody else at a higher pric… - Charlie Munger

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I see [Bitcoin as] an artificial speculative medium that people are buying just because they think they can sell it to somebody else at a higher price, even though it inherently has no intrinsic value. So, I regard the whole business as anti-social, stupid, immoral. [...] I regard the thing as a combination of dementia and immorality, and I think the people that are pushing it are a disgrace.