As 97-year-old investment veteran Charlie Munger continues scolding cryptocurrencies like Bitcoin (BTC), the crypto community is quick to respond to his latest comments.
The vice-chairman of Warren Buffett’s Berkshire Hathaway spoke of crypto at Australia's investor event, the Sohn Hearts and Minds conference, on Friday, reiterating his extreme skepticism to the industry, local news agency The Sydney Morning Herald reported.
A known cryptocurrency naysayer, Munger has provided some fresh remarks on the crypto industry, arguing that the current crypto ecosystem is even crazier than the dot-com era overall. “I think the dot com boom was crazier in terms of valuations than even what we have now,” he noted.
Munger also stressed that he supported
Read more on cointelegraph.com