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Why China banning crypto is the right decision – Charlie Munger

December 5, 2021
Source: cryptopolitan.com cryptopolitan.com
News Snapshot:
TL;DR Breakdown - Charlie Munger backs China crypto ban. - Investor says crypto ban is adult fashion. - Munger says he hates Bitcoin, casts away BTC investors. Charlie Munger, a prominent billionaire investor and the vice-chairman of Berkshire Hathaway, has backed China’s decision to ban cryptocurrencies totally. While bashing cryptocurrencies, Munger, a known crypto critic, said the Chinese made the correct decision, which is to simply ban them. He said this at the Sohn Hearts & Minds Investment Conference in Sydney, Australia. China’s intensified crypto crackdown and Charlie Munger’s justification The Asian country, over the year, has intensified crackdown on...
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Tags: Alibaba | Australia | ban | bitcoin | blockchain | boycott | BTC | Business | chairman | China | Chinese | crackdown | crypto | currency | development | fashion | fintech | investment | investor | IT | LED | online shopping | stock | Sydney | Tencent

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