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…