Why the Old Guard Doesn’t Like Bitcoin

Bitcoin is “antisocial, stupid, and immoral.” That’s how investing legend Charlie Munger described the most popular cryptocurrency in the world. Munger is the right-hand man of Warren Buffett… and the vice chairman of Buffett’s Berkshire Hathaway company. Yahoo! Finance interviewed Munger during the company’s annual meeting in May. That’s when he called bitcoin a “combination…

Bitcoin Corporation – Builders of Decentralized Autonomous Organizations

Bitcoin Corporation Builders of Decentralized Autonomous Organizations Satoshi Nakamoto’s development of Bitcoin in 2008-2009 has often been hailed as a radical development in money and currency, being the first example of a digital asset which simultaneously has no backing or intrinsic value and no centralized issuer or controller. However, another, arguably more important, part of the Bitcoin…