Get all your news in one place.
100's of premium titles.
One app.
Start reading
Fortune
Fortune
Chris Morris

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

(Credit: Patrick T. Fallon—Bloomberg via Getty Images)

Charlie Munger has never been shy to share his feelings about Bitcoin, but with the spectacular implosion of FTX in the past week, the vice chairman of Berkshire Hathaway is ratcheting up his criticisms in a big way.

Speaking on CNBC, Munger ripped cryptocurrencies, calling them “partly fraud and partly delusion.”

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.