Charlie Munger really doesn’t like crypto. In fact, he’s been speaking out publicly about it for some time. He says he wishes it had never been invented. He says that Bitcoin is “stupid and evil,” and useful to “kidnappers and extortionists.” He compares crypto to “rat poison,” and a “venereal disease.” And he says it’s “almost insane to buy this stuff or trade in it.”
So it’s not necessarily a surprise that Munger, who has a net worth of $2.3 billion and is famous for being the right-hand man of Oracle from Omaha Warren Buffett, has decided to maintain his status as a top crypto skeptic. And he has some additional thoughts to share.
