Charlie Munger says crypto is a bad combo of fraud and delusion — 'good for kidnappers'

CNBC

CenterMixed FactualityWealthy Private Owner: Roberts Family

Charlie Munger says crypto is a bad combo of fraud and delusion — 'good for kidnappers'

"This is a very, very bad thing. The country did not need a currency that was good for kidnappers," Munger said in an interview with CNBC's Becky Quick Tuesday.

Business Insider

Lean LeftHigh FactualityPrivate Equity: Kohlberg Kravis Roberts

Billionaire investor Charlie Munger says crypto is rife with fraud and delusion - and praises Elon Musk, calling Tesla's success a 'minor miracle'

Warren Buffett's right-hand man said investors are too eager to buy into the latest fad, and crypto's novelty meant regulators overlooked its dangers.

연합뉴스-Yonhap News Agency

Lean RightMixed Factuality

“Buffett's best friend” Charlie Munger: “Cryptocurrency is good for kidnappers”

(New York=Yonhap News) Correspondent Kang Geon-taek = 'The Value of Investment' Warren Buffett's best friend and business partner, Vice Chairman Charlie Munger Berkshire Hathaway, will be virtual on the 15th (local time)...

Fortune

CenterHigh FactualityWealthy Private Owner: Chatchaval Jiaravanon

Berkshire Hathaway's Charlie Munger dunks on crypto once again, saying it’s “good for kidnappers” and “not a real asset”

“Nobody’s gonna say I got some shit that I want to sell you. They say—it’s blockchain!”

Bloomberg Línea Brasil

Charlie Munger: cryptocurrency is a bad combination of fraud and delusion

Warren Buffett's Berkshire Hathaway vice president is a frequent critic of Bitcoin and cryptocurrencies and has called for them to be banned

kitco.com

Charlie Munger on crypto: It's 'partly fraud and partly delusion'