Warren Buffett’s Right-Hand Man Calls for Banning Bitcoin

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Munger criticized the recent rise of privately owned cryptocurrencies, which have become publicly traded without proper disclosure or governmental approval

Munger also cites England's reaction to a depression in the early 1700s as another precedent for a blanket ban on digital assets.In response to a promotional scheme that led to a depression, the English Parliament banned all public trading in new common stocks. The ban was in place for approximately 100 years and Munger argues that during this time, England made the biggest national contribution to the enlightenment and industrial revolution, and also spawned the United States.

Munger concluded his op-ed by calling for the U.S. to follow the Chinese communist leader's"splendid example of uncommon sense" and ban cryptocurrencies in order to prevent further harm to the public., Munger has been one of the harshest critics of Bitcoin. Last year, he predicted that the flagship cryptocurrency was likely going to zero.

 

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Also on the ban list: websites using the colour purple, monkeys wearing diapers, singing happy birthday in the key of D and listening to the radio after 9pm.

Is it because all their funds are in fiat? Asking for a friend

And the reason is ..... ?

All old people will die soon

Grifters of zero interest money printers

Can't teach an old dog new tricks

🤡 my favourite emoji !

Go and sleep old man. Your time has passed

This old brain 🧠 is working properly 😀😀

These fucking dinosaurs, weather they like it or not, bitcoin is a feature

Nothing to say ...just 😂😂😂😂😂😂

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