Munger trashes Bitcoin in one of his last interviews

[BeerGeek40]

Originally Posted by k374

ive always mantained that I think cryptocurrencies are worthless and simply have value based on the greater fool theory, simple as that. Any asset that has such volatility that it's intrinsic worth as a store of value cannot even be properly assessed is by definition worthless as a instrument of the economy.

The elephant in the room, is what happens when the big banks, who pull the strings for the government, finally get tired of Crypto as their competition.

[SoundAdvice4U]

Originally Posted by BeerGeek40

The elephant in the room, is what happens when the big banks, who pull the strings for the government, finally get tired of Crypto as their competition.

You mean the same banks who are lining up to get Bitcoin ETF's approved in January?