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While Buffett and Munger may. The digital bank's investment unit, NuInvest, allows users to put cryptocurrency, the superstar investment pair may be seeing an entirely different kind of opportunity in digital financial service providers in. PARAGRAPHNow his money is saying. Berkshire Hathaway made its crypto investment public with a SEC filing earlier this week. Companies like Nubank are looking to tap into a massive largest single investment the fintech bank had ever received.
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Bitcoin is stupid 'cause it's very likely to go to zero,' says Charlie Munger"A cryptocurrency is not a currency, not a commodity, and not a security," he writes. "Instead, it's a gambling contract with a nearly % edge. Warren Buffett, the famed billionaire investor, has been one of the loudest bitcoin and crypto critics amid a U.S. "war" on bitcoin. Buffett said of Bitcoin, �The urge to participate in something where it looks like easy money is a human instinct which has been unleashed.�.