Charlie Munger, Warren Buffett’s longtime business partner, said on Wednesday that it was “massively stupid” that tensions were escalating between the United States and China, and said separately that the cryptocurrency should have be banned, calling it “despicable”.

Munger, 98, spoke while answering nearly two hours of questions at the annual meeting of Daily Journal Corp, the Los Angeles newspaper publisher and courthouse software provider he chairs.

Buffett’s business partner Munger bemoans US-China tensions, calls crypto a ‘venereal disease’ comes via ChinaTechNews.com.