Charlie Munger wishes that crypto never existed and applauds countries that are bann

[Dato]

Charlie Munger wishes that crypto never existed and applauds countries that are bann

<!-- SC_OFF --><div class="md"><p>&quot;I wish they'd never been invented,&quot; Munger said at the Sohn conference in Sydney on Friday, <a href="https://www.cnbc.com/amp/2021/12/03/charlie-munger-wishes-cryptocurrency-didnt-exist-admires-chinas-ban.html">in interview</a></p> <p>&quot;I admire the Chinese, I think they made the correct decision, which was to simply ban them,&quot; Munger added.</p> <p>And I left the best for end:</p> <p>&quot;I don't welcome a currency that's so useful to kidnappers and extortionists and so forth, nor do I like just shuffling out of your extra billions of billions of dollars to somebody who just invented a new financial product out of thin air.&quot;</p> <p>Useful to kidnappers? Yeah dude, that would be your beloved cash, not crypto.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/DaddySkates"> /u/DaddySkates </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/rppos2/charlie_munger_wishes_that_crypto_never_existed/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/rppos2/charlie_munger_wishes_that_crypto_never_existed/">[comments]</a></span>Kind Regards R