Business Desk, AnyTV, New Delhi
Published by: Deepak Chaturvedi
Updated Thu, 17 Feb 2022 05:31 PM IST
Summary
Billionaire Told Cryptocurrency Diseases: Charlie Manger, 98-year-old billionaire investor and Vice President of Warren Buffett’s company Berkshire Hathaway, said that we are proud that we have never invested in it. It is nothing but a disease. Describing it as a venereal disease, he said to stay away from it.
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advocating a ban on crypto
Manger also questioned the use of bitcoin and other cryptocurrencies, saying that these digital currencies are in fact being used for extortion, kidnapping and tax evasion. He demanded an immediate ban on cryptocurrency. Charlie cites the example of China and praised its tough action against cryptocurrencies. He told America that we have made a big mistake by recognizing cryptocurrencies.
so proud of himself
Charlie Manger said during a discussion on cryptocurrencies that we are proud that we have never invested in it at all. He said that it is nothing but a disease. Describing it as a venereal disease, he said to stay away from it. Let us tell you that his thinking about crypto is not new. In 2021, he said that he very much hated the success of the bitcoin cryptocurrency. In this, only betting can be done in currency.
Elon Musk remembered the manger
Elon Musk, the world’s richest man, also remembered billionaire investor Charlie Manger after the ruckus on cryptocurrencies. In a tweet, he remembered Manger’s words to him. Tesla chief Elon Musk recalled the time billionaire investor Charlie Manger said his electric car maker Tesla would fail in any case. This thing happened in 2009, then Manger said in front of Elon Musk and everyone present in that place that Tesla would fail. Musk was deeply hurt by this.
Tesla most expensive auto brand
Even if Manger said this heartbreaking thing to Elon Musk. But its opposite happened and today Musk’s Tesla is the world’s most valuable auto brand. With increasing demand for electric vehicles, the company posted a record profit of $5.5 billion in 2021. Despite the global semiconductor crunch, the company saw an 87 percent jump in auto deliveries last year, with revenue up 71 percent to $53.8 billion.