For Warren Buffett's right-hand man, cryptography is like STDs

For Warren Buffett's right-hand man, cryptography is like STDs

For Warren Buffett's right-hand man

During the Daily Journal's all-virtual annual shareholders' meeting in Los Angeles, Charlie Munger, vice president of Berkshire Hathaway, said he wished other countries would have followed China's lead by banning bitcoin and other cryptocurrencies "immediately": “I wish he had been banned immediately. I admire the Chinese for banning it ”. Munger then stressed that he is "proud" to have avoided cryptocurrencies all those years.



Warren Buffett's right-hand man, who turned 98 last month, compared the cryptocurrencies to "some venereal disease". In his sharpest critique of the new asset class, Munger said it was “below contempt”.

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