{"id":9506,"date":"2019-05-07T13:16:32","date_gmt":"2019-05-07T10:16:32","guid":{"rendered":"https:\/\/forklog.com\/en\/charlie-munger-criticizes-cryptocurrency-investors-as-followers-of-judas\/"},"modified":"2019-05-07T13:16:32","modified_gmt":"2019-05-07T10:16:32","slug":"charlie-munger-criticizes-cryptocurrency-investors-as-followers-of-judas","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/charlie-munger-criticizes-cryptocurrency-investors-as-followers-of-judas\/","title":{"rendered":"Charlie Munger Criticizes Cryptocurrency Investors as &#8216;Followers of Judas&#8217;"},"content":{"rendered":"<p>Renowned American economist and professional investor Charlie Munger revealed that he has had to decline numerous invitations to cryptocurrency conferences, as he believes they are gatherings of &#8216;traitors&#8217;. Munger made this statement during the annual shareholders meeting of Berkshire Hathaway.<!--more--><\/p>\n<blockquote class=\"twitter-tweet\" data-lang=\"ru\">\n<p dir=\"ltr\" lang=\"en\">Highlight: \u00abYour vice chairman is getting new social distinction,\u00bb Munger says. \u00abI\u2019ve been invited during the gathering to go to a happy hour put together by the bitcoin people. And I tried to figure out what the bitcoin do in their happy hour and I finally figured it out\u2026\u00bb <a href=\"https:\/\/t.co\/BM7FHiKPyf\">pic.twitter.com\/BM7FHiKPyf<\/a><\/p>\n<p>\u2014 Yahoo Finance (@YahooFinance) <a href=\"https:\/\/twitter.com\/YahooFinance\/status\/1124713593285427200?ref_src=twsrc%5Etfw\">4 \u043c\u0430\u044f 2019 \u0433.<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote>\n<p><strong>\u00abProfessional traders who have decided to engage in the crypto market are simply disgusting. I was invited to have a drink with bitcoin investors, and then I realized it was nothing more than a party of followers of Judas Iscariot,\u00bb<\/strong> Munger stated.<\/p>\n<\/blockquote>\n<p>In February 2018, Munger described bitcoin as &#8216;rat poison&#8217; and urged governments to &#8216;crush it&#8217; with regulation.<\/p>\n<p>It is worth noting that Charlie Munger&#8217;s viewpoint aligns with that of Berkshire Hathaway CEO Warren Buffett, who considers buying bitcoins &#8216;mathematically dumb&#8217; and sees the use of cryptocurrency as limited and associated with fraudulent schemes.<\/p>\n<p>Subscribe to ForkLog news on Telegram: <a href=\"https:\/\/t.me\/forkloglive\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">ForkLog Live<\/a> \u2014 all the news feed, <a href=\"https:\/\/telegram.me\/forklog\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">ForkLog<\/a> \u2014 the most important news and polls.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Renowned American economist and professional investor Charlie Munger revealed that he has had to decline numerous invitations to cryptocurrency conferences, as he believes they are gatherings of &#8216;traitors&#8217;. Munger made this statement during the annual shareholders meeting of Berkshire Hathaway.<\/p>\n","protected":false},"author":4,"featured_media":9505,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"human_written","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[18,1139,1138],"class_list":["post-9506","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin","tag-charlie-munger","tag-opinions"],"aioseo_notices":[],"amp_enabled":true,"views":"28","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/9506","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=9506"}],"version-history":[{"count":0,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/9506\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/9505"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=9506"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=9506"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=9506"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}