Billionaire Charlie Munger Slams Cryptocurrencies, Labels Investors As “Idiots”

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In recent years, there has been a growing debate about the legitimacy and usefulness of cryptocurrencies. Many critics, including billionaire investor and Berkshire Hathaway Vice Chairman Charlie Munger, have spoken out against the asset class, arguing that it is risky and lacks any real value. Munger has been particularly vocal in his criticism, calling cryptocurrencies …