"I wish they'd never been invented," Munger said at the Sohn conference in Sydney on Friday, in interview"I admire the Chinese, I think they made the correct decision, which was to simply ban them," Munger added.And I left the best for end:"I don't welcome a currency that's so useful to kidnappers and extortionists and so forth, nor do I like just shuffling out of your extra billions of billions of dollars to somebody who just invented a new financial product out of thin air."Useful to kidnappers? Yeah dude, that would be your beloved cash, not crypto.
Submitted December 27, 2021 at 10:18PM
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