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Old Men Yell At Bitcoin (Buffett and Munger)

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First published at 16:51 UTC on December 3rd, 2021.

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A Beginner's Guide To Bitcoin:
https://www.amazon.com/gp/product/B08RX8Q4ZQ

In this video, I discuss Charlie Munger's recent comments on Bitcoin, as well as Buffett and Munger's history of profiting from fiat food and the fiat financi…

A Beginner's Guide To Bitcoin:
https://www.amazon.com/gp/product/B08RX8Q4ZQ

In this video, I discuss Charlie Munger's recent comments on Bitcoin, as well as Buffett and Munger's history of profiting from fiat food and the fiat financial system.

Munger criticizes Bitcoin as being bad for consumers, while at the same time having profited from selling junk food and investing in the captured US banking system.

You can tell a lot about a person from their reaction to Bitcoin. Cantillionaires like Munger and Buffett hate it for a very good reason: Bitcoin is in the process of destroying fiat money and fiat culture for good.

Not investment advice! Consult a financial advisor.

Munger sides with China over Bitcoin:
https://decrypt.co/87492/china-made-correct-decision-ban-cryptocurrencies-charlie-munger

Munger on how to create global, addictive products:
https://fs.blog/turning-2-million-into-2-trillion/

Coke and diabetes in India:
https://www.nytimes.com/2017/12/26/health/india-diabetes-junk-food.html

Coke and diabetes in Mexico:
https://www.nytimes.com/2018/07/14/world/americas/mexico-coca-cola-diabetes.html

Buffett pushing junk food:
https://www.thestreet.com/investing/stocks/surveying-warren-buffetts-junk-food-empire-17-delicious-brands-we-eat-all-the-time-13090989
https://www.thestreet.com/video/warren-buffett-says-eating-like-a-six-year-old-keeps-him-young-13078536

School meals have too much sugar:
https://thelunchtray.substack.com/p/sugar-school-meals

Munger designs windowless dorm for UCSB:
https://www.nytimes.com/2021/10/30/us/charlie-munger-ucsb-dorms.html

Buffett and Munger benefited from bailouts:
https://www.mcclatchydc.com/news/nation-world/national/economy/article24532354.html

Buffett gets special privileges from the SEC:
https://dealbook.nytimes.com/2011/11/14/one-secret-buffett-gets-to-keep/

Munger thinks that Bitcoin's success is disgusting:
https://decrypt.co/69684/warren-buffetts-right-hand-man-bitcoins-success-is-disgusting

Satoshi and th..