Close Menu
    Blockchain

    Berkshire's Munger doubles-down on crypto criticism



    CNBC’s Becky Quick joins ‘Squawk on the Street’ to discuss crypto skepticism with Berkshire’s Charlie Munger, with new concerns fueled by the FTX collapse. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi

    » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision
    » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC

    Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader in business news worldwide.

    Connect with CNBC News Online
    Get the latest news: http://www.cnbc.com/
    Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC
    Follow CNBC News on Facebook: https://cnb.cx/LikeCNBC
    Follow CNBC News on Twitter: https://cnb.cx/FollowCNBC
    Follow CNBC News on Instagram: https://cnb.cx/InstagramCNBC

    https://www.cnbc.com/select/best-credit-cards/

    #CNBC
    #CNBCTV

    View 37 Comments

    37 Comments

    3. Mid-Class VS Sup-Rich on

      $$$ Wall Street Always Over Doing It $$$
      When bears in control they're over shorting & bulls over buying when they take over. If you can hold for 5yrs you'll see lots of movement, make lots of money no matter what.

    9. Jonathan Zach on

      just bc of 1 bad apple (FTX) doesn't mean the whole crypto industry is bad. Crypto is an amazing space & will continue to grow just like internet adoption in the early 90s (were still early)

    13. L E R on

      Definition of Fake Trading Xchange — a bunch of Gen Z's & X'ers wanting to make billions overnight at the expense of investor lemmings that are too impatient to do their own research.

    16. Luis Carlos Vieira on

      A few years ago Charlie said that they were selling "turds"… didn't that make you think a little bit?
      Don't you understand the "nature" of crypto? that has no real value… it is a bag of air… and ya… it is good for money laundry and all stuff related with outlaw…

    18. Patrick Morris, CPA on

      IMO – Society evolves and will decide what's good for society. If Mr. Munger were 80 years younger he would see things differently. Not the best person to interview or listen to on this subject.

    19. CantWait on

      I recall an old interview where he suggests the currency aspect of crypto is terrible, but blockchain technology is amazing. However, in this interview, he's saying blockchain technology is also bad. Wonder what his justification is for that, but I think he might forget the difference between the two?

    22. oha hilo on

      How much did Charlie make on BABA? Oh yeah, he loss more on that one trade than all the crypto kiddies put together … frickin Genius.

    26. Michael Dusso on

      NOTE: they call it “BITcoin” because once you have poured your hard earned millions into the convoluted labyrinth of investing in digital pretend money, you will only get a tiny BIT of it back, IF ANY !!!

      “There’s a SUCKER born every minute.” -PT Barnum
      IGNORANCE is BLISS !!! …..until it rises up and bites you in the ass.

    27. Michael Dusso on

      They call it “crypto currency” because it is a totally unregulated CRYPTIC clan of nefarious shysters mired in ambiguous smoke & mirrors shell games designed to drain you dry.

    29. Aaron Williamson on

      Have a question for the digital currency fans… If bit coin and its many brothers and sisters is supposed to be the currency to be all and end all , how come it is priced in dollars? And who wants a currency that loses half of its value in a couple months?

    34. hen p on

      It's better to trade short term and make profit. Mrs Shelagh Lynch got me covered as I am comfortably making up to 6 BTC monthly.

    Leave A Reply
    Share via