Billionaire Charlie Munger Compares Bitcoin Investors to ‘Judas Iscariot’

In a bizarre turn of events, Charlie Munger–one of Wall Street’s most recognizable figures and long-time partner to Warren Buffett–compared cryptocurrency investors to the biblical figure of Judas Iscariot.

The billionaire investor and Vice Chairman for Berkshire Hathaway continued his criticism of Bitcoin, which has been ongoing for several years. Munger’s comments follow on the heels of the most recent remarks by partner Warren Buffett, who last week called Bitcoin a “gambling device.” Buffett, who is worth over $90 billion, lamented the state of Bitcoin and cryptocurrency investing as a stage for fraudsters and charlatans, despite the growing valuations for digital assets.

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