Charlie Munger, vice president of Berkshire Hathaway, of which Warren Buffett is CEO. bitcoin and cryptocurrencies He made surprising remarks about it.
“Cryptocurrencies Should Be Banned Totally Like China Is Doing”
Munger demanded that other countries take the same step as China to ban Bitcoin and other cryptocurrencies completely:
“I wish cryptocurrencies were banned immediately. I admire the Chinese for achieving this.”
Munger also said that he is proud of himself for not having been involved in the crypto market for years.
Charlie Munger, who turned 98 last month, is best known for being the right-hand man of Warren Buffett, one of the richest people in the world.
“They Spread Like a Venereal Disease”
Munger, who likened cryptocurrencies to some kind of venereal disease, made his harshest criticism ever and said he believes cryptocurrencies are “below the despicable”.
The famous billionaire stated that he thinks cryptocurrencies can only be used in matters such as extortion, kidnapping and tax evasion.
In addition, Charlie Munger expressed his displeasure about the ever-increasing number of altcoins. Munger said that people created their own currency out of jealousy.
Despite this, Berkshire Hathaway, led by Warren Buffett and Charlie Munger, who attracted attention with their anti-crypto attitudes, recently sold their Mastercard and Visa investments and invested a full $ 1 billion in Nubank, a Bitcoin-linked bank.
Berkshire Hathaway is known as the second largest holding company in the world.