Charlie Munger Slams Crypto as ‘Stinkball,’ Crypto Community Reacts

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In his latest comments deriding the asset class, the Berkshire don called the blockchain industry a “stinkball” in finance.“The only way to get from hunter-gathering to civilization that we know of that’s ever worked is to have a strong currency It can be gold coins, it can be promises in banking systems When you start creating an artificial currency… you’re throwing your stink ball into a recipe that’s been around for a long time, that’s worked very well for a lot of people.

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