Mathisen Marketing

Your Marketing Blog

Berkshire’s Charlie Munger Says ‘Ridiculous’ Anybody Would Buy Crypto — ‘It’s an Absolute Horror’ – Featured Bitcoin News

Berkshire's Charlie Munger Says 'Ridiculous' Anybody Would Buy Crypto — Likens Replacing National Currencies to Replacing Air

As an affiliate, we may earn from qualifying purchases. We get commissions for purchases made through links on this website.

Receive $10 in Bitcoin when you buy or sell $100 or more on Coinbase! https://mathisenmarketing.com/coinbase

Berkshire Hathaway Vice Chairman Charlie Munger recently shared his opinion on cryptocurrencies and the crypto market. In a CNBC interview, Munger said that anyone who would buy crypto is “ridiculous” and that the market is “an absolute horror.”

Munger, who is a long-time business partner of Warren Buffett, has had a long-standing negative view of cryptocurrencies. He has previously called Bitcoin a “noxious poison” and has gone as far as to compare investing in cryptocurrencies to “trading turds.”

Munger’s latest comments come after a period of relative quiet from him on the subject of crypto. His negative opinion on the market has not changed and he made it clear that he does not think highly of anyone who would invest in crypto.

Munger went on to say that cryptocurrencies are “worthless artificial gold” and that the market is a “tulip bulb mania.” He said that the market is full of “pump and dump” schemes and that people who get involved in the market are “not smart.”

Munger’s comments are in line with the views of many other prominent investors and financial experts. Warren Buffett has also spoken out against cryptocurrencies, calling them “rat poison squared” and saying that they have “no unique value at all.”

While Munger and Buffett may not be fans of crypto, the market has continued to grow and attract more investors. The total market capitalization of cryptocurrencies is now over $2 trillion and the market is continuing to expand.

It is clear that Munger is not a fan of cryptocurrencies and is not likely to change his opinion anytime soon. However, his comments should be taken with a grain of salt as the market continues to grow and evolve.

Receive $10 in Bitcoin when you buy or sell $100 or more on Coinbase! https://mathisenmarketing.com/coinbase

Source link

Leave a Reply

Your email address will not be published. Required fields are marked *

Latest Posts

  • SOL Price (Solana) Signals Short-Term Top, Here Are Key Supports To Watch

    SOL Price (Solana) Signals Short-Term Top, Here Are Key Supports To Watch

    Receive $10 in Bitcoin when you buy or sell $100 or more on Coinbase! https://mathisenmarketing.com/coinbase SOL Price (Solana) Signals Short-Term Top, Here Are Key Supports To Watch The price of SOL, the native cryptocurrency of the Solana blockchain, has been on a tear in recent months, reaching new all-time highs and gaining attention from investors…

    Read More

  • Why Are NFTs Bad? The Problem And Legal Issues

    Receive $10 in Bitcoin when you buy or sell $100 or more on Coinbase! https://mathisenmarketing.com/coinbase Non-fungible tokens (NFTs) have surged in popularity in recent years, with digital assets and artworks being sold for millions of dollars. However, the rise of NFTs has also brought about a slew of legal and ethical issues, leading many to…

    Read More

  • Whats With All The Mysterious Cryptocurrency Deaths

    Whats With All The Mysterious Cryptocurrency Deaths

    Receive $10 in Bitcoin when you buy or sell $100 or more on Coinbase! https://mathisenmarketing.com/coinbase In recent years, the world of cryptocurrency has been rocked by a series of mysterious deaths that have left many people wondering what is really going on. From high-profile figures in the industry to regular individuals who have invested in…

    Read More