Charlie Munger bashes cryptos again, admires China for banning them

in hive-160342 •  3 years ago 

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97-year-old billionaire investor Charlie Munger on Friday says he wishes cryptocurrencies were never invented, he said at the Sohn conference in Sydney, according to The Australian Financial Review.

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Charlie Munger bashes cryptos again, admires China for banning them

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Why he is saying so? What's wrong with cryptocurrencies?

Don't mind the man he just detest cryptocurrency saying is like investing into thin air rather he should just admit he doesn't knows how it works