.elonmusk has revealed that ardent Bitcoin critic Charlie Munger once predicted the demise of Tesla
reported by U.Today
, Munger compared Bitcoin and Tesla “to a louse and a flew” last year, quoting English writer Samuel Johnson:Munger also took a dig at Musk himself, pointing to his excessive confidence: Never underestimate the man who overestimates himself. Some of the extreme successes are going to come from people who try very extreme things because they're overconfident.As reported by U.Today, the legendary investor likened cryptocurrencies to “some venereal disease” during a recent event, a scathing remark that has riled up the cryptocurrency community.The billionaire is also proud of the fact that he has never touched cryptocurrencies despite their continued adoption.
Many members of the cryptocurrency community slammed the 98-year-old investor for being out of touch with modern tech. Warren Buffett’s right-hand man also voiced his concerns about high inflation, coaming that it poses a threat to democracy, a comment that somehow resonated with the crypto community.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Here's What Legendary Investor Charlie Munger Would Change About the Stock MarketCharlie Munger hasn’t softened his stance on day trading, once again comparing the practice to “an ideal gambling parlor activity.”
Read more »
Charlie Munger calls inflation the No. 1 danger apart from nuclear war, pans crypto and trading appsThe 98-year-old investor held a Q&A session Wednesday at the Los Angeles-based Daily Journal annual shareholders meeting.
Read more »
Warren Buffett's Right-Hand Man Calls for Banning Crypto, Compares It to Venereal DiseaseCharlie Munger, Warren Buffett's right-hand man, remains unapologetically critical of cryptocurrencies, comparing them to 'some venereal disease'
Read more »
Here's What Legendary Investor Charlie Munger Would Change About the Stock MarketCharlie Munger hasn’t softened his stance on day trading, once again comparing the practice to “an ideal gambling parlor activity.”
Read more »
Jabra's Elite 4 Active Are Like AirPods Pro At Half PriceWIRED Super comfortable fit. Great noise canceling and the ability to pipe in outside sound during workouts. Durable IP57 rating. Above-average battery life. TIRED No wireless charging. They don't auto-pause when you take them out of your ears.
Read more »
Elon Musk Donated $5.7 Billion in Tesla Shares to Unnamed CharityDid the billionaire donate to the UN World Food Program, his own foundation, or something else entirely?
Read more »