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Charlie Munger’s Views on Cryptocurrency

Posted on October 17, 2024 by Author

Charlie Munger has been a vocal critic of cryptocurrency, famously likening it to “rat poison” and “gambling.” His skepticism stems from concerns about its speculative nature, lack of intrinsic value, and potential for misuse in criminal activities.

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Munger sees crypto as a dangerous financial product with no societal benefit, contrasting sharply with proponents who view it as an innovative technology for decentralized finance.

His traditionalist stance aligns with his preference for tangible assets and value-based investing, diverging from the more mainstream acceptance of crypto as a legitimate investment.

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