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Investor Charlie Munger Calls Crypto ‘Crazier Than DotCom Era’, Backs China for Banning Them

December 5, 2021
Source: bitcoinwarrior.net bitcoinwarrior.net
News Snapshot:
The crypto market rally this year in 2021 has been indeed crazier with the broader growing market growing 3x by adding nearly $2 trillion to the overall market cap. However, traditional investors and big names like Charlie Munger are finding it too difficult to digest. The investment legend calls this rally in the crypto market to be crazier than the dotcom era. Addressing Australian investors at the Sohn Hearts and Minds conference on Friday, December 3, Mr. Munger called this investment environment “a little more extreme”. He also backed China on clamping down on “some of the exuberances” of capitalism....
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