Warren Buffett: There's nothing being produced in the way of value from the asset. You also have the problem that it draws in a lot of charlatans... who are trying to create various sorts of exchanges... It's something where people who are of less-than-stellar character see an opportunity to clip people who are trying to get rich because their neighbor's getting rich buying this stuff that neither one understands. It will come to a bad ending. Charlie.
Charlie Munger: Well, I like cryptocurrencies a lot less than you do. And so to me it's just dimentia. And I think the people who are professional traders who go into cryptocurrencies, it's just disgusting. It's like somebody else is trading turds and you decide "I can't be left out."
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