Economist Charlie Munger: bitcoin is «poisonous infection», you have «crushing regulation»

The famous American economist and professional investor Charlie Munger (Charlie Munger) in this year was ‘ 94, but he continues to defend the position of «the old financial guard», protecting the established financial system. It is therefore not surprising that when asked about bitcoin, his attitude Munger expressed in the following words:

«I never had thoughts to buy bitcoins. I felt disgusted from the moment of its appearance, and my hate grew together with its popularity. I think it just disgusting how the people they are passionate about. I believe bitcoin and other cryptocurrencies «poisonous infection» and call on all governments to «crush it with regulation»».

However, Munger recognizes that bitcoin is easy money, but he would not want his family members became owners of cryptocurrency and «hopes in this God.»

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