Among the top 100 richest people in the world, at least 90 have publicly expressed their “bad-mouth” attitude towards virtual currency, including Microsoft founder Bill Gates and “stock god” Warren Buffett. Warren Buffett believes that the only thing that is certain about virtual currency is that “it does not generate any value”, and he publicly stated that “Bitcoin is rat poison and must be avoided”. And his old partner Charlie Munger even bluntly said that investing in Bitcoin is an “evil and stupid” thing.

“What exactly is virtual currency?” In its essence, the author believes that virtual currency is undoubtedly the largest Ponzi scheme in human history.

Eulogy made by Shan Zhiguang & He Yifan
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