‘Never Buy It’—Warren Buffett’s Right-Hand Man Issued A Stark Crypto Warning After Terra Luna-Led Bitcoin, Ethereum, BNB, XRP, Solana, Cardano And Dogecoin Price Crash
— Solana, Recent, Itwarren, Stark, Munger, Crypto, Lunaled, Warning, Bitcoin, Righthand — 1 min read
Warren Buffett's right-hand man Charlie Munger has warned people to "never buy" bitcoin or other cryptocurrencies. Munger brands those in the crypto industry "either delusional or evil" The bitcoin price has crashed under $20,000 per bitcoin, down from almost $70,000 late last year. The price of bitcoin, ethereum and other major cryptocurrencies have plunged in recent weeks, wiping more than $2 trillion from the combined price of ethereum, BNB, XRP, solana, cardano and dogecoin. Both Munger and Buffett have previously railed against bitcoin and cryptocurrencies, comparing the crypto market to a casino. Buffett has previously called bitcoin a "delusion" and "rat poison squared" in recent years. Source