.elonmusk has revealed that ardent Bitcoin critic Charlie Munger once predicted the demise of Tesla
reported by U.Today
, Munger compared Bitcoin and Tesla “to a louse and a flew” last year, quoting English writer Samuel Johnson:Munger also took a dig at Musk himself, pointing to his excessive confidence: Never underestimate the man who overestimates himself. Some of the extreme successes are going to come from people who try very extreme things because they're overconfident.As reported by U.Today, the legendary investor likened cryptocurrencies to “some venereal disease” during a recent event, a scathing remark that has riled up the cryptocurrency community.The billionaire is also proud of the fact that he has never touched cryptocurrencies despite their continued adoption.
Many members of the cryptocurrency community slammed the 98-year-old investor for being out of touch with modern tech. Warren Buffett’s right-hand man also voiced his concerns about high inflation, coaming that it poses a threat to democracy, a comment that somehow resonated with the crypto community.
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