Charlie Manger: “I hate those, who promotes bitcoin " – Bits Media

Berkshire Hathaway Vice President Charlie Manger spoke about the collapse of the FTX cryptocurrency exchange, bitco, the achievements of Ilon Mask and the role of central banks in the financial system.

98-Summer American economist Charlie Manger (Charlie Munger) commented on the situation with the trade FTX site, Having called her activity fraud and misleading people with the help of politicians. He noted, that he "hurts to see respected people, which promote cryptocurrencies and help them exist ". The country does not need a currency, perfect for robbers, Fraudsters and other kinds of criminals, Manger said.

He expressed bewilderment, that now any 12-year-old child can become a billionaire with cryptocurrencies. Manger added, which, too, could just create a token, adding his surname to his name. According to the economist, This is real madness.

“Some people think, that they should participate in every hot transaction. They don't care, what is this: Children's prostitution or bitcoin. And it oppresses. Reputation is extremely important in the financial sector, Therefore, destroy it, contacting the scum and advertising their products - a huge mistake. I hate those, who promotes bitcoin ", - said Manger.

He also noted, that the US Federal Reserve (FRS) - an integral element of the financial sector. Therefore, in the world of fiat currencies, wise regulators must be present, such as central banks. Manger shared his opinion on Tesla Director General Ilona Mask (Elon Musk):

“I am surprised by Tesla's achievements. The company made a real contribution to the development of our civilization, Having performed a miracle. Elon Musk has achieved that, What other people could not do. But I do not identify Tesla with bitcoin ", -commented on the vice-chairman of Berkshire Hathaway.

Manger was never a fan of Bitcoin and always urged people to stay away from investment in cryptocurrencies. He previously compared bitcoin with a sexually transmitted disease and demanded, so that the US authorities ban investments in crypto assets.