Charlie Munger called on the US authorities to destroy bitcoin

Sponsored
Sponsored
Berkshire Hathaway Vice President Charlie Munger believes that it is necessary to destroy bitcoin, in which the billionaire compares investments to gambling. In an interview with the Wall Street Journal, he said that the cryptocurrency industry is undermining the stability of the global financial sector. BTC cannot be considered as an asset class as it has no value. The billionaire has been expressing this point of view over the past few years. For example, last fall, he emphasized that criminal communities and various swindlers use cryptocurrency. Now he is calling on the US authorities to deal a devastating blow to

Go to Source
Author: NixCoin

kryptonew

Share
Published by
kryptonew

Recent Posts

Google MPC Could Reshape Crypto Custody: Fireblocks Security Flaw Draws Attention

Google is preparing to expand its crypto security operations with a new Multi-Party Computation (MPC)…

8 hours ago

Bitcoin Price Bounces as Nasdaq Soars, KOSPI Rebounds, and FOMC Hike Fears Persist

Bitcoin price is recovering toward $81,000, gaining nearly 2% as buyers return ahead of the…

11 hours ago

Ripple’s RLUSD Wins Moody’s Rating as XRP Faces a Bigger Question: Who Captures the Value?

Ripple’s RLUSD just secured a major institutional credibility boost, earning Moody’s A2 long-term deposit rating…

11 hours ago

DOJ Charges Six in Alleged NFT Fraud as Crypto Scam Crackdown Widens

Key Highlights The US Department of Justice charged six individuals accused of running an NFT…

17 hours ago

Crypto.com Launches Regulated Crypto Perpetuals for US Traders

Key Highlights Crypto.com and OG.com launched continuous, non-expiring crypto perpetual contracts for eligible U.S. traders…

17 hours ago

Circle, ACI Explore USDC Settlement in Colombia’s Payment Network

AI SummaryShowCircle and ACI pilot USDC settlement in Colombia, signalling stablecoins’ entry into traditional real‑time…

17 hours ago

This website uses cookies.

Read More