Despite Americans losing more money than ever on casinos by Q1 2022, gambling remains legal and doesn’t attract so many attacks like crypto does.
) critic Charlie Munger, vice chairman of Berkshire Hathaway, for calling the United States to follow in the footsteps of China and ban crypto.slammedMunger also said that a cryptocurrency is “not a currency, not a commodity, and not a security,” adding that “obviously” the U.S. should enact a new federal law that would ban crypto.put a blanket ban on crypto“What should the U.S.
The community was quick to react to Munger’s latest anti-crypto arguments, with many expressing bewilderment about how measures like China’s crypto ban stack up with the United States’ proclamations that it supports freedom. “The battle lines are being drawn. Freedom or tyranny. Non-custodial wallets are the hill we can’t surrender,”Others also mocked Munger for not understanding that crypto is virtually unbannable. Indeed, even after “banning” crypto in 2021, China has continued to be the
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