[ad_1] <br><div data-test-id="content-container"><p><figure class="getty-figure" data-type="getty-image"> <picture> <img src="https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1972914/image_1972914.jpg?io=getty-c-w750" alt="Berkshire Hathaway Company Holds 2003 Annual Shareholders Meeting" data-id="1972914" data-type="getty-image" width="3000px" height="1612px" srcset="https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1972914/image_1972914.jpg?io=getty-c-w1536 1536w, https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1972914/image_1972914.jpg?io=getty-c-w1280 1280w, https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1972914/image_1972914.jpg?io=getty-c-w1080 1080w, https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1972914/image_1972914.jpg?io=getty-c-w750 750w, https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1972914/image_1972914.jpg?io=getty-c-w640 640w, https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1972914/image_1972914.jpg?io=getty-c-w480 480w, https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1972914/image_1972914.jpg?io=getty-c-w320 320w, https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1972914/image_1972914.jpg?io=getty-c-w240 240w" sizes="(max-width: 768px) calc(100vw - 36px), (max-width: 1024px) calc(100vw - 132px), (max-width: 1200px) calc(66.6vw - 72px), 600px"/> </picture> <figcaption class="caption" data-type="getty-image"><p>Eric Francis</p></figcaption> </figure></p> <p>Charlie Munger, vice chairman of Berkshire Hathaway (<span class="ticker-hover-wrapper">NYSE:<a target="_blank" href="https://seekingalpha.com/symbol/BRK.A" title="Berkshire Hathaway Inc." rel="noopener">BRK.A</a></span>) (<span class="ticker-hover-wrapper">NYSE:<a target="_blank" href="https://seekingalpha.com/symbol/BRK.B" title="Berkshire Hathaway Inc." rel="noopener">BRK.B</a></span>) and religious cryptocurrency disbeliever, referred to as for the U.S. authorities to ban cryptos like China did in 2021, citing "wretched extra" on account of a regulation hole, he mentioned in a<span class="paywall-full-content invisible"> latest op-ed printed in </span><em class="paywall-full-content invisible">The Wall Road Journal</em><span class="paywall-full-content invisible">. </span></p> <p class="paywall-full-content invisible">Cryptos akin to bitcoin (<a target="_blank" href="https://seekingalpha.com/symbol/BTC-USD" title="Bitcoin USD" rel="noopener">BTC-USD</a>) and ethereum (<a target="_blank" href="https://seekingalpha.com/symbol/ETH-USD" title="Ethereum USD" rel="noopener">ETH-USD</a>) are "playing contract with a virtually 100% edge for the home, entered into in a rustic the place playing contracts are historically regulated solely by states that compete in laxity," the 99-year-old billionaire investor <a target="_blank" href="https://www.wsj.com/articles/why-america-should-ban-crypto-regulation-economy-finance-china-england-trading-currency-securities-commodity-gamble-11675287477?st=hw6epglbijkvas0&amp;reflink=share_mobilewebshare" rel="noopener">explained</a>. “Clearly the U.S. ought to now enact a brand new federal regulation that forestalls this from taking place.”</p> <p class="paywall-full-content invisible">That is removed from the primary time Munger, alongside along with his enterprise accomplice, Warren Buffett, have bashed cryptos. In mid-November 2022, within the midst of crypto alternate FTX's (<a target="_blank" href="https://seekingalpha.com/symbol/FTT-USD" title="FTX Token" rel="noopener">FTT-USD</a>) multibillion-dollar collapse, Munger referred to as the digital tokens a <a target="_blank" href="https://seekingalpha.com/news/3908028-billionaire-charlie-munger-calls-crypto-combination-of-fraud-and-delusion" rel="noopener">combination of delusion and fraud</a>. </p> <p class="paywall-full-content invisible">And quite a lot of weeks after main cryptos topped out at all-time highs in November 2021, the crypto skeptic went as far to say that he <a target="_blank" href="https://seekingalpha.com/news/3777056-charlie-munger-bashes-cryptos-again-admires-china-for-banning-them" rel="noopener">wished the tokens were never invented</a>. </p> <p class="paywall-full-content invisible">Check out the historic worth motion of <a target="_blank" href="https://seekingalpha.com/symbol/BTC-USD/charting?compare=BTC-USD,ETH-USD,SP500&amp;interval=5Y" rel="noopener">bitcoin (</a><a target="_blank" href="https://seekingalpha.com/symbol/BTC-USD" title="Bitcoin USD" rel="noopener">BTC-USD</a>) versus ether (<a target="_blank" href="https://seekingalpha.com/symbol/ETH-USD" title="Ethereum USD" rel="noopener">ETH-USD</a>) and the S&amp;P 500 (<a target="_blank" href="https://seekingalpha.com/symbol/SP500" title="S&amp;P 500 Index" rel="noopener">SP500</a>).</p></div> <br>[ad_2] <br><a href="https://news.google.com/__i/rss/rd/articles/CBMisgFodHRwczovL3NlZWtpbmdhbHBoYS5jb20vbmV3cy8zOTMxMzQyLWJlcmtzaGlyZS1oYXRoYXdheXMtY2hhcmxpZS1tdW5nZXItdXJnZXMtdXMtdG8tYmFuLWNyeXB0bz9zb3VyY2U9Y29udGVudF90eXBlJTNBcmVhY3QlN0NmaXJzdF9sZXZlbF91cmwlM0FtYXJrZXQtbmV3cyU3Q3NlY3Rpb25fYXNzZXQlM0FtYWlu0gEA?oc=5">Source link </a>