Charlie Munger on crypto: It's ridiculous anybody would buy this 'massively stupid' stuff

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[patrickbianconi]

I liked the very subtle, almost undetectable hint that he doesn’t like crypto

[joliecide]

This man once compared cryptocurrencies to turds and venereal disease. He is my hero.

[hgfyufyurhjyvhchjxcjy]

Difference is people who gamble on the Super Bowl know they are gambling, whereas in crypto they think they are investing

[ernestoalonzo_]

This man has the best team of doctors and chefs, keeping him going strong.

[peterRobinson]

This man is mad switched on for his age. Hes unbelievable. Would love to watch a video on his opinions away from finance. Keys to life, regrets, goals etc. Ive been bitcoin since 2011 but i still love him.

[peterdethier]

His argument that national currencies have contributed to the evolution of civilized societies as they enable the exchange of goods and services through a common means of payment is spot on. Totally correct that it's ridiculous to offer something that contrary to "legal tender" has no government backing or guarantee. And how many times die he say "crypto-s...."? I lost count :) Point very well taken though.

[briaf]

This guy is Incredible, I need to see his birth certificate. I 💕 him

[jayjones]

Now that he is gone his absence leaving a whole in the financial industry. His words hit harder and his insights are even more brilliant. RIP. We will be studying this man till now and forever.

[endoetz]

never underestimate stupidity in large groups

[mmario]

When you buy crypto, you are betting on other humans being stupid enough to fall for the story and you being smart enough to be earlier than the other fools.

[yts]

Tell us how you really feel 😂 probably one of his greatest sound bytes ever

[StressMats]

RIP Charlie <3 Got great insights from him, even as a believer in the possibilities of blockchain.

[gptinsights]

Amazing how sharp he is with 99. Spot on as always

[christiancampa]

This is how u know who controls the world

[ArthurSayed]

Greatest moment on television since the Will Smith / Chris Rock incident.

[menace]

out with the old in with the crypto..it all depends on which cryptocurrency your referring too.

[zaaxi]

RIP financial genius of his time, maybe not the future :)

[mrblue]

Charlie, Thats for centralized exchanges. Financial institutions can use blockchain technology to lower fees for exchanging internationally. It's software. The future. Decentralized exchanges are not controlled by banks.

[anonanon]

The obvious argument is that bitcoin grows value and the dollar loses value.

[JustMyOpinion-vgys]

These contraptions will never replace the trusty horse! They’re noisy, smelly, and unreliable. Who would want to travel in one of those?