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Charlie Munger says the U.S. should follow in China's footsteps and ban cryptocurrencies

Por: CNBC Business February 02, 2023

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 Vice Chairman Charlie Munger urged the U.S. government to ban cryptocurrencies like China, saying a lack of regulation enabled wretched excess and a gambling mentality.A cryptocurrency is not a currency, not a commodity, and not a security, the 99-year-old Munger said in an on Wednesday evening.Instead, it's a gambling contract with a nearly 100% edge for the house, entered into in a country where gambling contracts are traditionally... + full article



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