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

“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)...

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!”

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.

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.

Charlie Munger says crypto is a bad combo of fraud — 'good for kidnappers' \ stacker news

@Wumbo stacked 19 sats posting https://www.cnbc.com/2022/11/15/charlie-munger-says-crypto-is-a-bad-combo-of-fraud-and-delusion-good-for-kidnappers.html [3 comments]

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