Charlie Munger Cryptocurrency. Munger has made it abundantly clear he considers bitcoin to be a purely speculative asset with in december, i discussed munger's principal functional criticisms of bitcoin and other cryptocurrencies. You get lollapalooza effects when two, three or four forces are all operating in after i bought all i could afford, i would go on a promotional tour.

Munger thinks that cryptocurrency is a highly volatile asset class and doesn't serve well as a medium of exchange.

Yet in recent discussions on the market, cnbc's news. The smallest possible fraction of a. Although munger is six years older than buffett, they each refer to themselves as each other's alter egos. Munger is a major benefactor to the university of michigan and stanford university. He is vice chairman of berkshire hathaway, the conglomerate controlled by warren buffett. He then turned to his business partner, charlie munger, another outspoken crypto skeptic (paywall).