Subject: Re: Munger, crypto fights back
"Berkshire Hathaway was built atop a system that Bitcoin was created to destroy"
Sounds right.
To wit, the rational allocation of capital to productive and profitable uses in order to earn a return.
There is much to be said for allocating capital to productive uses, both for the individual and for society as a whole.
"It is not from the benevolence of the butcher, the brewer, or the baker, that we expect our dinner, but from their regard to their own interest." - one Adam Smith
They might succeed or they might not, but their mere attempt fills the stomachs.
Jim