Charles Munger called cryptocurrency investors followers of Judas

Charles Munger called cryptocurrency investors followers of Judas

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Famous American economist and professional investor Charles Munger said that he was forced to reject numerous invitations to cryptocurrency conferences, because he believes that there are going to “traitors.” Munger stated this during the annual Berkshire Hathaway shareholder conference.

Highlight: “Your vice chairman is getting a new social distinction,” Munger says. “I’ve been invited during the gathering of the bitcoin people. And I finally figured it out … ” pic.twitter.com/BM7FHiKPyf – Yahoo Finance (@YahooFinance) May 4, 2019 “Professional traders who decide to engage in a crypto market are just disgusting. I was invited to drink in the company of bitcoin investors, and then I realized that this is nothing more than a party of followers of Judas Iscariot, ”said Munger.

Recall that in February 2018, Munger called Bitcoin “poisonous poison” and called on governments to “crush him” by regulation. Note that the point of view of Charles Munger is similar to the position of Warren Buffet, CEO of Berkshire Hathaway, who considers the purchase of bitcoins to be “mathematically stupid”, and the use of cryptocurrencies is limited and related to fraudulent schemes.

Charles Munger called cryptocurrency investors followers of Judas

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