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Bitcoin price latest: Believer to BET $1.2billion that BTC will TOPPLE Warren Buffett

I regard the whole business as anti-social, stupid, immoral. The billion-dollar battle between a bitcoin believer and Warren Buffett’s Berkshire Hathaway pits the new world of digital currencies against the traditional finance world with many in the crypto community still hugely influenced by Mr Buffett and his journey to the top. However, Mr Buffett broke the hearts of bitcoin believers who have always held the legendary investor in great esteem, by calling BTC "rat poison squared,” earlier this year. While Charlie Munger, the billionaire business partner of Warren Buffett at Berkshire Hathaway, likened the morality of trading bitcoin to “trading freshly harvested baby brains”. Mr Munger underlined Berkshire Hathaway’s position on crypto in May. He said: “I regard the whole business as anti-social, stupid, immoral.” When questioned on the ‘immorality’ of bitcoin, Mr Munger hit back, “suppose you could make a lot of money trading freshly harvested baby brains. Would you do it? “I regard the whole thing as a combination of dementia and immorality. I think the people pushing it are a disgrace.” DeVere Group founder and CEO, Nigel Green described the comments from Berkshire Hathaway’s chiefs as "monumentally baffling”, and questioned why two of the world’s most successful investors cannot see the "intrinsic value of some form of cryptocurrency”. He said: "Do they honestly believe that there is no place for, and no value of, digital, global currencies in an increasingly digitalised and globalised world?" Bitcoin price: Warren Buffet has been challenged

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