Charlie Munger Calls Crypto As Cryptocrapo

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In an interview with CNBC, billionaire investor Charlie Munger expressed his views about cryptocurrency.

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When the host questioned him about the criticism of his view on crypto, he replied that anyone who disagrees with him is an idiot.

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About crypto, he continued by saying that it is it isn't even slightly stupid but it's massively stupid.

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Munger stated that he is not proud of his country for permitting this “crap”. He even warned saying it's very dangerous.

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In addition, he described cryptocurrency as absolutely crazy, and worthless, and claimed that allowing it would be anti-social.

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He said intelligent people should totally avoid it and also avoid all those who promote it.

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Munger in his recent op-ed talks about why America should ban crypto and claims that crypto isn't a currency, a commodity, or a security.

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