Published On: Sat, May 12th, 2018

‘Bitcoin is a Reaction to Warren Buffet and His Crony Capitalists,’ Says Max Keiser

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Max Keiser delivered a scathing rebuttal to Warren Buffett and Charlie Munger May 10 after the Berkshire Hathaway moguls compared Bitcoin to “rat poison” and “baby brains.”
‘Crony Capitalism’
In a fresh episode of RT’s Keiser Report, the outspoken Bitcoin bull accused Buffett and Munger of “crony capitalism.”
“Bitcoin is a reaction to Warren Buffett and his crony capitalists,” he said.
[…] They don’t want to come down from their pedestal of crony capitalism and free money from central banks to address that, so they attack crypto.
Berkshire’s elite gained considerable press coverage earlier this week after they delivered further soundbites against cryptocurrency and trading it.
Buffett, who has been open about his distaste for Bitcoin, described it as “probably rat poison squared” at an annual shareholder meeting last weekend, a comment that was widely criticized by the Bitcoin users. 

#bitcoin is rat poison because central bankers are the rats
— HoneyBadger (@badgerbitcoin) May 7, 2018

Munger, who previously said Bitcoin was “utterly assinine,” backed up his stance by asserting trading it was like “trading fresh harvested baby brains.”
“ …

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