The crypto community has responded to Charlie Munger's criticism of cryptocurrencies. It's no surprise that at his age he couldn't understand new technology.

12月

2021-12-3 20:51

In the December 3 news, billionaire investor Charlie Munger (Charlie Munger) spoke at the Sohn Hearts and Minds meeting on Friday, highlighting the racism of market-driven cryptocurrencies and gold. He will not participate in this market and hopes that cryptocurrencies will not be created. He agreed, saying China's crypto ban was decisive. Since then, many in the crypto community have reacted to Munger's recent comments on bitcoin, warning that it's no surprise at this age that Munger can't focus on newer technologies like bitcoin. Synthetix founder Kain Warwick added that although Munger was ready to make money selling quality products, Berkshire Hathaway was Coca-Cola's biggest business partner and Coca-Cola was seen as "a major contributor to many health problems ". Jamil Hasan, executive director of Crypto Corner, an encryption and blockchain podcast series, points out that Munger's reluctance to invest in crypto shouldn't hurt the industry. Will Charlie too. This is something I don't want. "(Cointégraphe)

Vietnamese Police Find $ 3.8 Billion Cryptocurrency Gambling Rings

On December 3, Vietnamese police announced the arrest of 59 people after cracking down on a large online gambling group that used cryptocurrency for the domestic market. According to state broadcaster VTV, the group is the largest gambling club in the United States with around $ 3.8 billion in revenue invested by players, but not by commercial investors. In Vietnam, although the government regulates gambling and some forms of gambling in casinos, online gambling and chess courts are strictly prohibited nationwide. The report makes it clear that cryptocurrency gaming organizations have established large networks in many states and cities across the country. Players need to buy cryptocurrencies such as Ethereum or Tether securities from the Coast Remitano platform and then use these digital funds to play on certain websites. Vietnamese organizations make money on huge gambling sites, but if many players join at the same time, they can break local websites to steal money from crypto wallets. .

2021-12-3 20:52