Charlie Munger, the 99-year-old vice chairman of Berkshire Hathaway, reportedly stated at Zoom's Zoomtopia conference that most digital assets, including Bitcoin, will eventually become worthless. Munger, a well-known skeptic of Bitcoin and other cryptocurrencies, called investing in crypto "stupid" and claimed that "most of those investments are going to zero." He also expressed his belief that artificial intelligence is receiving more hype than it deserves, stating that "old-fashioned intelligence works pretty well." Munger's comments were made at Berkshire Hathaway's 2023 shareholder meeting.
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