Does Berkshire Hathaway's Charlie Munger think cryptocurrency is 'worthless'?
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.
Did Berkshire Hathaway buy a crypto bank?
In recent financial news, there has been a buzz surrounding potential investments in the cryptocurrency space by renowned conglomerate Berkshire Hathaway. Could you please elaborate on whether there have been any confirmed reports indicating that Berkshire Hathaway has indeed acquired a crypto bank? If so, what are the details surrounding this potential acquisition, and how might it reshape the future landscape of cryptocurrency and traditional finance? This development, if true, could have significant implications for investors, both in the crypto world and beyond.