A video clip of Warren Buffet and Charlie Munger on crypto in 2018 went viral. Amid the current market downtown, and the recent FTX collapse news ignite this old video clip of these two American business tycoons.
What Does Warren Buffett Said in The Old Video Clip?
In the old video clip from 2018, Mr. Buffett said that “crypto attracts a lot of charlatans who take advantage of those people who are trying to get rich because their neighbor’s getting rich. But then also crypto would have a bad ending.”
That time Warren Buffett NAILED crypto cons:“It draws in a lot of CHARLATANS…who are trying to create various sorts of EXCHANGES, where people who are of less-than-stellar character…CLIP PEOPLE who are trying to get rich because their neighbor’s getting rich.”@SBF_FTX to a T pic.twitter.com/Ts4yXFx31N
— Compound248: FTX es Grande (@compound248) November 12, 2022
On the other hand, Mr. Munger, described cryptocurrencies as “disgusting.”
Compound248: FTX es Grande, po
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