Billionaire Charlie Munger Likens Cryptocurrencies to Gambling

Warren Buffet’s right-hand man Charlie Munger has once more let his disdain for cryptocurrencies be known. Speaking in a Wall Street Journal op-ed this week, the 99-year-old called on the US authorities to ban cryptocurrencies, liking them to gambling contracts.   He believes that cryptocurrencies are a scam that targets regular investors. In the op-ed, … Read more