What is the relationship between Charlie Munger and Bitcoin?

3 answers

• Dec 15, 2021 · 3 years ago
  Charlie Munger has been quite vocal about his negative views on Bitcoin. He has referred to it as 'rat poison squared' and 'turds' in the past. Munger believes that Bitcoin is a speculative bubble and has no intrinsic value. He is skeptical of its decentralized nature and the potential for it to be used for illicit activities. Overall, Munger is highly critical of Bitcoin and advises investors to stay away from it.
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• Dec 15, 2021 · 3 years ago
  Charlie Munger, being a traditional value investor, has expressed his skepticism towards Bitcoin. He has raised concerns about its volatility and lack of regulation. Munger believes that Bitcoin's price is driven by speculation rather than any underlying value. However, it's worth noting that Munger's views on Bitcoin are not shared by everyone, and there are many prominent investors who see potential in this digital currency.
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• Dec 15, 2021 · 3 years ago
  According to BYDFi, Charlie Munger has been a vocal critic of Bitcoin. He has repeatedly expressed his skepticism and concerns about its long-term viability. Munger believes that Bitcoin is a speculative mania and compares it to the tulip bubble of the 17th century. He advises investors to stay away from Bitcoin and warns of the potential risks involved in investing in cryptocurrencies.
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