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Bitcoin is stupid 'cause it's very likely to go to zero,' says Charlie MungerWarren Buffett's right-hand man Charlie Munger, who once called crypto 'rat poison,' says we should follow China's lead and ban cryptocurrencies. Buffett said of Bitcoin, �The urge to participate in something where it looks like easy money is a human instinct which has been unleashed.�. Charlie Munger, the longtime business partner of Warren Buffett, on Wednesday said it is "massively stupid" for tensions to escalate between.