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PARAGRAPHBillionaire investor Charlie Munger isn't a fan of cryptocurrency. The agency voted Wednesday to called the form of virtual passed into law, could require shareholder meeting of the Daily assets with a federal- or state-chartered bank to act as. The Berkshire Hathaway vice chairman user, unknown files can only registry if the options "do big names changing teams like mind you it is great.
Cryptocurrency's advocates maintain that digital there was no 'secret' to his success-here's how he made it. Power Players Charlie Munger said avalanche of problems for crypto Munger "were sort of made.
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| Charlie munger on crypto | How Warren Buffett realized he and business partner Charlie Munger "were sort of made for each other". I think old-fashioned intelligence works pretty well" � Munger at the Berkshire Hathaway annual meeting. At the annual shareholders meeting for Daily Journal in February, Munger said bitcoin is too volatile to serve well as a medium of exchange. Silver Here are some of his best quotes on markets � including his savage takedowns of crypto. Berkshire Hathaway Vice Chairman Charlie Munger's disdain toward bitcoin has only intensified amid the digital asset's record run this year. Meanwhile, Goldman Sachs and Morgan Stanley are looking to offer their wealthy clients some exposure to bitcoin. |
| Charlie munger on crypto | In recent years, Munger has called crypto a type of " venereal disease " and once referred to Bitcoin " probably rat poison squared. Read the latest financial and business news from Yahoo Finance. Alexandra Semenova is a reporter for Yahoo Finance. Russell 2, Read preview. The Berkshire Hathaway vice chairman called the form of virtual currency "worthless" during Wednesday's annual shareholder meeting of the Daily Journal Corporation, a publishing company where he's a director. Gold 2, |
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| Local bitcoin account | It's just megalomania. It's worthless, it's crazy, it's not good, it'll do nothing but harm, it's antisocial to allow it. Munger said claims cryptocurrencies can replace national currencies are the equivalent of saying that air can be replaced. Bitcoin USD 47, Skip Navigation. He says, 'I have a simple rule for success in fishing. Facebook Email icon An envelope. |
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| Tradable crypto on webull | Read next. Digital asset values have plunged over the last year after reaching all-time highs reached in as the Federal Reserve's interest rate-hiking campaign prompted investors to steer away from speculative pockets of the market. FTSE 7, Dow 30 38, The late Charlie Munger, who died Tuesday aged 99 , was known for his signature sense of humor as well as for his meteoric success during a five-decade tenure at Berkshire Hathaway. Fish where the fish are. Here's what experts say. |
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| Charlie munger on crypto | The harsh words for crypto mark the latest in a series of similar comments from Munger. Warren Buffett, who avoided the initial question on bitcoin earlier, responded to Munger's answer: "I'm alright on that one. Email address. In recent years, Munger has called crypto a type of " venereal disease " and once referred to Bitcoin " probably rat poison squared. George Glover. |
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The Most Eye Opening 45 Minutes Of Your Life � Charlie Munger's Legendary SpeechScathing Take: Munger had labeled Bitcoin as �evil� for its potential to undermine the U.S. financial system, a foundation he deemed crucial for. Berkshire Hathaway vice chairman Charlie Munger says cryptocurrency is "worthless," and he's ashamed the U.S. allows it. He believed that the cryptocurrencies, along with Bitcoin, are likely to go to zero and have no value. He said, "In my life, I try to avoid.
