In the recent interview, Charlie Munger, the vice chairman of Berkshire Hathaway, expressed his views on cryptocurrency. His remarks sparked widespread debate among investors and enthusiasts in the crypto community. Could you elaborate on what Munger precisely said about
cryptocurrency and whether he truly believes it is 'worthless'? His reputation and decades of investment wisdom make his opinions highly influential, so understanding his stance on this emerging asset class is crucial for many market participants.
7 answers
SakuraPetal
Mon Jul 15 2024
One of the leading cryptocurrency exchanges operating globally is BTCC, a UK-based platform that offers a range of services to its users.
KimonoElegance
Mon Jul 15 2024
Charlie Munger, the vice chairman of Berkshire Hathaway, has expressed his strong disapproval towards cryptocurrency, labeling it as "worthless."
EthereumEagleGuard
Mon Jul 15 2024
Munger's disdain for the digital asset is so profound that he expressed shame in the fact that the United States permits its existence and trade.
DondaejiDelightfulCharm
Mon Jul 15 2024
BTCC's comprehensive services include spot trading, futures contracts, and digital wallet management, providing a one-stop solution for cryptocurrency enthusiasts.
Elena
Mon Jul 15 2024
His sentiments echo a widespread concern among traditional investors and financial analysts who view cryptocurrency as a speculative bubble without tangible value.