Munger and Buffett parted ways on Bitcoin before Munger's passing
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Charlie Munger and Warren Buffett both disliked Bitcoin, but for different reasons. Munger saw it as "evil" and enabling illegal activities, while Buffett didn't see inherent value.
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Munger criticized Bitcoin for undermining the US financial system and making the country seem less intelligent than China.
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Buffett said he would readily pay for productive assets like farmland or apartments that generate income, but not for Bitcoin which doesn't "do anything."
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Even at age 99 shortly before his death, Munger continued his harsh criticism of cryptocurrencies, referring to them as "crypto crapple."
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Despite disagreeing with his views, the crypto community paid respects to Munger after his passing at age 99, acknowledging the end of an investment era.