Warren Buffett’s right-hand man, Charlie Munger, has recently made headlines for his strong stance against cryptocurrencies. In a recent interview, Munger said that he believes cryptocurrencies are “rat poison” and that the world should follow China’s lead and ban them altogether.
Munger’s comments come as no surprise, as he has long been a vocal critic of cryptocurrencies. He has previously called them “noxious” and “totally asinine” and has said that they are “worthless artificial gold.”
Munger’s comments are particularly noteworthy because of his close relationship with Warren Buffett. Buffett is one of the world’s most successful investors and his views on cryptocurrencies have been largely unknown. However, Munger’s comments suggest that Buffett may share his views on the matter.
Munger’s comments also come at a time when the cryptocurrency market is facing increased scrutiny from governments and regulators around the world. China has already taken steps to ban cryptocurrencies and other countries are considering similar measures.
It remains to be seen whether Munger’s comments will have any impact on the cryptocurrency market. However, it is clear that he is not a fan of the technology and believes that it should be banned. Whether or not his views will be shared by other investors and governments remains to be seen.
Thanks but no
This is why you should not elect old fucks in government..they don’t even know how to use a smartphone yet make decisions on future techs.
This dinosaurs still alive?
Old Charlie needs a nap
This is one of those the more you fight it, the bigger it will get moments.
If I was light yagami i would have written his name in the death note
How bout no
If I’m ever blessed to live to 99 years of age, I hope I don’t spend my final years harassing young people over their investment decisions.
This dude is bitter as hell.
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Charlie Munger looks exactly like someone who drink rat poison regularly.
Headline should read “Old man shakes stick at the sky”
You had your time Charlie. Its time for something new.
Munger is old af and doesn’t have anymore time to witness the rise of **Crypto**.
He doesn’t want it to happen all together.
Crypto is a lifeline. If they don’t talk about it, they die.
Bitcoin **is** rat poison.
Charlie Munger is the rat.
So what we’re seeing here is an old guy with no clue what he’s talking about, banking something because he believes in something else.
Think someone else said it “old man shaking a stick at the sky”
Ye young whippersnappers
Ok boomer. The Dino is yelling again at something he clearly doesn’t understand!
Instead of hating so much on crypto, he should focus on enjoying life. Not everybody will be 99 years old.
How about we ban these two dinosaurs instead
China will unban it when it suits them. The ban was only a power play for the CCP. Plus they now have all this cool miming gear after the raids. How convenient
Old News from an Old Billionaire with an Outdated mindset.
How do we ban something with a 1.2 *trillion* market cap? You can ban it, but the dogs out of the cage at this point.
This just in :
Old man yells at clouds 🌧️
His speeches are supposed to be ban.
We can just ignore these people who doesn’t have anything new to criticize Cryptocurrencies.
Cant win a game you can’t cheat at.
These two look like the arguing old guys in the muppets
Why doesn’t he move to China then,pretty sure they’ll welcome him with open arms
Who’s going to tell him you can’t ban crypto?
But I’m calling for a Charlie ban worldwide!
Ban, don’t ban, it doesn’t matter in the end. Eventually everyone bends the knee to BTC
I dont get why these billionaires with one foot in the grave have so much to say, like you got 2 years left at best go to a vacation or something
Well Charlie Munger can go fly a kite for all I care, stupid head.
i would no longer take these old tarts seriously. thier glory time is done.
Dinosaur’s doing dinosaurs things
Any time someone suggests doing what the CCP does, they’ve completely discredited themselves
He’s so old his seed phrase is a seed word
Aren’t crypto entities flocking to Hong Kong as that will be a major crypto hub?
China bans crypto and accumulates at the same time. China is one of the biggest bitcoin whales
Is it just me. Or when anyone else hears this do you feel like they just don’t want anyone else to get rich.
He’s a businessman. Occasionally businessmen do stuff that’s not always the nice course of action because that’s business. No one’s perfect.
BRK is essentially an insurer and PE firm. He’s invested in monopolies because they pay out consistent rates of returns and are great for his type of business.
He’s invested in a lot of people who are assholes and saved them from getting reamed a few times. Most specifically, large Wall Street investment banks. By doing this, he’s made a lot of money.
He calls for higher tax rates but has structured his investments to be very tax advantaged. Also it’s really more of a PR thing to call for higher tax rates when you’re one of the wealthiest people in the world and it wouldn’t have any real effect on you.
He simply is big fan of banks and scared as shit because BTC gaining more confidence than banks.
Ya and he’ll be dead before I sell my crypto
Like he would preach, buy the fear.
When it comes to crypto, Warren and Munger are total muppets.
Old man yells at cloud.
These criminals dinosaurs are scared as hell. If they can’t rig the game they don’t want to play. Pathetic cowards.