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https://www.reddit.com/r/Bitcoin/comments/6iubil/warren_buffet_said_bitcoin_is_rat_poison/This post in reddit is very controversial as different groups are arguing as to who is the person responsible for calling bitcoin as a rat poison. The debate is still going on as one side says that Charlie Munger and the other parties said that it was Warren Buffet. I dont know what or whom to believe. So anyone among you who knows the real story and is willing to share who is the real culprit.
As Paracelsus stated: "All substances are poisons; there is none which is not a poison. The right dose differentiates a poison and a remedy."
The same also applies to financial instruments and policies. Quantitative easing by the Fed done in the right dose is a remedy, done too much it is a dangerous poison.
Thinking that Crypto is the answer to all challenges is poison. Using Crypto to give the rest of the global population access to finances because they cannot have a bank account or no banks are operating is a remedy.
Bitcoin is not the answer to everything.