{"id":83933,"date":"2023-02-17T01:58:27","date_gmt":"2023-02-17T06:58:27","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=83933"},"modified":"2023-02-17T01:58:27","modified_gmt":"2023-02-17T06:58:27","slug":"billionaire-charlie-munger-cryptocurrency-is-crazy-stupid-gambling-and-people-who-oppose-my-position-are-idiots","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/02\/2023\/billionaire-charlie-munger-cryptocurrency-is-crazy-stupid-gambling-and-people-who-oppose-my-position-are-idiots.html","title":{"rendered":"Billionaire Charlie Munger: Cryptocurrency is \u2018crazy, stupid gambling,\u2019 and \u2018people who oppose my position are idiots\u2019"},"content":{"rendered":"\n<p>(CNBC) Billionaire investor Charlie Munger isn\u2019t a fan of <a href=\"https:\/\/www.cnbc.com\/cryptocurrency\/\">cryptocurrency<\/a>. The Berkshire Hathaway vice chairman <a href=\"https:\/\/www.cnbc.com\/video\/2023\/02\/15\/charlie-munger-on-crypto-its-ridiculous-anybody-would-buy-this-massively-stupid-stuff.html\">called the form of virtual currency \u201cworthless\u201d<\/a> during Wednesday\u2019s annual shareholder meeting of the Daily Journal Corporation, a publishing company where he\u2019s a director. \u201cSometimes I call it crypto \u2018crappo,\u2019 sometimes I call it \u2018crypto s&#8212;.\u2019 It\u2019s just ridiculous that anybody would buy this stuff.\u201d<\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2023\/02\/16\/billionaire-charlie-munger-cryptocurrency-is-crazy-stupid-gambling.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) Billionaire investor Charlie Munger isn\u2019t a fan of cryptocurrency. The Berkshire Hathaway vice chairman called the form of virtual currency \u201cworthless\u201d during Wednesday\u2019s annual shareholder meeting of the Daily Journal Corporation, a publishing company where he\u2019s a director. \u201cSometimes [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-83933","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/83933","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=83933"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/83933\/revisions"}],"predecessor-version":[{"id":83934,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/83933\/revisions\/83934"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=83933"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=83933"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=83933"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}