Charlie Munger Doesn’t Understand Bitcoin: Michael Saylor
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Warren Buffett’s right-hand man hasn’t taken the time to understand Bitcoin, MicroStrategy’s Michael Saylor said in an interview with CNBC. Michael Saylor’s latest interview includes a blast at Western elites, specifically Charlie Munger. Munger recently penned an op-ed for the Wall Street Journal titled, “Why America Should Ban Crypto.” In it, he slammed cryptocurrencies, explaining that: “Such wretched excess has gone on because there is a gap in regulation. A cryptocurrency is not a currency, not a commodity, and not a security. Instead, it’s a gambling contract with a nearly 100% edge for the house, entered into in a country
Berkshire Hathaway Vice Chairman Charlie Munger, Warren Buffett’s right-hand man, needs crypto can be banned instantly. He says the federal government made “a huge mistake” to permit... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] Go to Source Author: coinmaker
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