Disgusting, stupid, evil, rat poison - Charlie Munger, one of the most influential investors of our time, sure didn't hold back when asked about cryptocurrency in a recent interview. Since their inception, Munger has been one of the most vocal opposers of the crypto craze. And the current FTX crisis makes Munger's warning about a currency for kidnappers and tax evaders, as he so aptly puts it, seem like a prophecy.
This article was originally published on December 03, 2022.