“Sometime I call it crypto crapo, sometime I call it cryp sh*t. It's just ridiculous than anybody would buy it.”
$24,331·
7 wrong calls across 6 years of denial. 7 framed for posterity. No signs of stopping.
The Greatest Misses
“In my life, I try and avoid things that are stupid and evil and make me look bad in comparison to somebody else – and bitcoin does all three”
$37,649·
“In my life, I try and avoid things that are stupid and evil and make me look bad in comparison to somebody else – and bitcoin does all three”
$37,649·
“Bitcoin is worthless, artificial gold.”
$9,624·
“it's the pursuit of the uneatable by the unspeakable”
$9,819·
“I regard the bitcoin craze as totally asinine.”
$9,875·
They Weren't the Only Ones Wrong
“Bitcoin is a detector of imbeciles. But it’s not a currency, not a store of value, and not a medium of exchange.”
— Nassim Nicholas Taleb
$30,838
“I’d say Bitcoin is doomed in the medium-term future. Farrell is right: it can be a bit of a curiosity, but if it ever enjoys wider success, that very success will kill it.”
— Kevin Drum
$311
“Remember, Bitcoin is a meme coin.”
— Peter Schiff
$102,052
“All we know is Bitcoin is not an efficient means of payment. Don’t bank on it.”
— Taavet Hinrikus
$118,347
“I just don't believe in this bitcoin thing.”
— Prince Alwaleed
$5,914
“Bitcoin is a highly speculative asset, not a currency. Unreliability, lack of stability, and susceptibility to fraud will continue to plague this cryptocurrency. Don't be tricked, buying Bitcoin is a fool's game.”
— Steve Hanke
$27,271
“I get a kick out of #Bitcoin fanatics who accuse me of secretly owning Bitcoin, but refusing to publicly wear the ribbon. They are just so drunk on the Kool-Aid that they can't accept that I legitimately disagree with their perspective. I just don't see the emperor's new clothes.”
— Peter Schiff
$60,800
“#Bitcoin won't be around a decade from now.”
— Peter Schiff
$40,094
“Mr. Bitcoin is about to go down big.”
— Jim Cramer
$26,872
“This is a speculative frenzy. Right now, this is a bubble. It's a cult. When you're in it, obviously you need more people to believe in it, because the price can only go up if other people buy in. In that sense it's a natural Ponzi scheme – a lot of it is just plain greed.”
— Peter Schiff
$4,350
“I personally think that bitcoin is worthless.”
— Jamie Dimon
$57,490
“Bitcoin inches closer to extinction”
— Ben Kritz
$56,482
“Bitcoin is a detector of imbeciles. But it’s not a currency, not a store of value, and not a medium of exchange.”
— Nassim Nicholas Taleb
$30,838
“I’d say Bitcoin is doomed in the medium-term future. Farrell is right: it can be a bit of a curiosity, but if it ever enjoys wider success, that very success will kill it.”
— Kevin Drum
$311
“Remember, Bitcoin is a meme coin.”
— Peter Schiff
$102,052
“All we know is Bitcoin is not an efficient means of payment. Don’t bank on it.”
— Taavet Hinrikus
$118,347
“I just don't believe in this bitcoin thing.”
— Prince Alwaleed
$5,914
“Bitcoin is a highly speculative asset, not a currency. Unreliability, lack of stability, and susceptibility to fraud will continue to plague this cryptocurrency. Don't be tricked, buying Bitcoin is a fool's game.”
— Steve Hanke
$27,271
“I get a kick out of #Bitcoin fanatics who accuse me of secretly owning Bitcoin, but refusing to publicly wear the ribbon. They are just so drunk on the Kool-Aid that they can't accept that I legitimately disagree with their perspective. I just don't see the emperor's new clothes.”
— Peter Schiff
$60,800
“#Bitcoin won't be around a decade from now.”
— Peter Schiff
$40,094
“Mr. Bitcoin is about to go down big.”
— Jim Cramer
$26,872
“This is a speculative frenzy. Right now, this is a bubble. It's a cult. When you're in it, obviously you need more people to believe in it, because the price can only go up if other people buy in. In that sense it's a natural Ponzi scheme – a lot of it is just plain greed.”
— Peter Schiff
$4,350
“I personally think that bitcoin is worthless.”
— Jamie Dimon
$57,490
“Bitcoin inches closer to extinction”
— Ben Kritz
$56,482
“Bitcoin is a detector of imbeciles. But it’s not a currency, not a store of value, and not a medium of exchange.”
— Nassim Nicholas Taleb
$30,838
“I’d say Bitcoin is doomed in the medium-term future. Farrell is right: it can be a bit of a curiosity, but if it ever enjoys wider success, that very success will kill it.”
— Kevin Drum
$311
“Remember, Bitcoin is a meme coin.”
— Peter Schiff
$102,052
“All we know is Bitcoin is not an efficient means of payment. Don’t bank on it.”
— Taavet Hinrikus
$118,347
“I just don't believe in this bitcoin thing.”
— Prince Alwaleed
$5,914
“Bitcoin is a highly speculative asset, not a currency. Unreliability, lack of stability, and susceptibility to fraud will continue to plague this cryptocurrency. Don't be tricked, buying Bitcoin is a fool's game.”
— Steve Hanke
$27,271
“I get a kick out of #Bitcoin fanatics who accuse me of secretly owning Bitcoin, but refusing to publicly wear the ribbon. They are just so drunk on the Kool-Aid that they can't accept that I legitimately disagree with their perspective. I just don't see the emperor's new clothes.”
— Peter Schiff
$60,800
“#Bitcoin won't be around a decade from now.”
— Peter Schiff
$40,094
“Mr. Bitcoin is about to go down big.”
— Jim Cramer
$26,872
“This is a speculative frenzy. Right now, this is a bubble. It's a cult. When you're in it, obviously you need more people to believe in it, because the price can only go up if other people buy in. In that sense it's a natural Ponzi scheme – a lot of it is just plain greed.”
— Peter Schiff
$4,350
“I personally think that bitcoin is worthless.”
— Jamie Dimon
$57,490
“Bitcoin inches closer to extinction”
— Ben Kritz
$56,482
“Bitcoin is a detector of imbeciles. But it’s not a currency, not a store of value, and not a medium of exchange.”
— Nassim Nicholas Taleb
$30,838
“I’d say Bitcoin is doomed in the medium-term future. Farrell is right: it can be a bit of a curiosity, but if it ever enjoys wider success, that very success will kill it.”
— Kevin Drum
$311
“Remember, Bitcoin is a meme coin.”
— Peter Schiff
$102,052
“All we know is Bitcoin is not an efficient means of payment. Don’t bank on it.”
— Taavet Hinrikus
$118,347
“I just don't believe in this bitcoin thing.”
— Prince Alwaleed
$5,914
“Bitcoin is a highly speculative asset, not a currency. Unreliability, lack of stability, and susceptibility to fraud will continue to plague this cryptocurrency. Don't be tricked, buying Bitcoin is a fool's game.”
— Steve Hanke
$27,271
“I get a kick out of #Bitcoin fanatics who accuse me of secretly owning Bitcoin, but refusing to publicly wear the ribbon. They are just so drunk on the Kool-Aid that they can't accept that I legitimately disagree with their perspective. I just don't see the emperor's new clothes.”
— Peter Schiff
$60,800
“#Bitcoin won't be around a decade from now.”
— Peter Schiff
$40,094
“Mr. Bitcoin is about to go down big.”
— Jim Cramer
$26,872
“This is a speculative frenzy. Right now, this is a bubble. It's a cult. When you're in it, obviously you need more people to believe in it, because the price can only go up if other people buy in. In that sense it's a natural Ponzi scheme – a lot of it is just plain greed.”
— Peter Schiff
$4,350
“I personally think that bitcoin is worthless.”
— Jamie Dimon
$57,490
“Bitcoin inches closer to extinction”
— Ben Kritz
$56,482
Birds of a Feather
Same energy, same bad takes.
Buttcoiners.love collects the most spectacularly wrong Bitcoin predictions and turns them into art. Because nothing ages like bad takes.
Cite this page— APA, MLA, Chicago, BibTeX
Charlie Munger (2026). Charlie Munger — Bitcoin Quotes & Wrong Predictions. Buttcoiners. Retrieved October 13, 2026, from https://buttcoiners.love/author/charlie-munger