Charlie Munger Goes Full ‘Crypto Voldemort’ in Calling For a Ban

Are all cryptocurrencies Securities and Should they be banned Berkshire Hathaway's Vice chairman said the U.S Should follow the example of China which Wisely banned all cryptocurrencies but Beyond his call for a ban munger's Point Seemed to be that cryptocurrencies if it Must exist should be regulated like Securities despite his saying clearly That they are not Securities Wenger Noted that they are publicly traded Without any governmental pre-approval of Disclosures ensuring stock promoters Make those disclosures is a key part of The Securities Act of 1933 and the Securities Exchange Act of 1934 which Created these Securities and Exchange Commission or the SEC an agency that Says virtually all cryptocurrencies are Securities what are your thoughts


Coinbase is a popular cryptocurrency exchange. It makes it easy to buy, sell, and exchange cryptocurrencies like Bitcoin. Coinbase also has a brokerage service that makes it easy to buy Bitcoin as easily as buying stocks through an online broker. However, Coinbase can be expensive due to the fees it charges and its poor customer service.

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