Fiat is like rat poison.

🐀☠️

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Charlie Munger, the long-time business partner of Warren Buffett, was known for his strong criticism of Bitcoin, famously calling it "rat poison" multiple times. He first made this comparison when Bitcoin was priced at around $150, and later, when the price rose to $9,000, he referred to it as "more expensive rat poison".

Correct. I repeat. Fiat is rat poison.

In Charlie’s mind the rat poison is getting more and more expensive.

In bitcoiner’s minds the rat poison is getting cheaper and cheaper.