Home > NEWS > MicroStrategy’s Michael Saylor Questions Charlie Munger’s Knowledge On Bitcoin

MicroStrategy’s Michael Saylor Questions Charlie Munger’s Knowledge On Bitcoin

A longtime skeptic of Bitcoin, Berkshire Hathaway's Charlie Munger called for the U.S. government to ban cryptocurrencies earlier this week.

Earlier this week, Berkshire Hathaway vice president Charlie Munger made up a lie about the lack of login password control that exacerbated a gambling mentality and demanded that the US government strictly ban encrypted currencies, as our country did. When talking about this topic, Michael Seller, director of MicroStrategy, said that Charlie and other prominent business leaders continue to be asked about their views on BTC, even though they know nothing about such a flagship cryptocurrency.

Sylar is mocking Munger.

In a televised interview with CNBC, Sylar showed "sympathy" for Munger's general resistance to the login password and made up lies that Munger probably didn't have time to do scientific research on it. Mr. Sylar says that if Mr. Munger, 99, was a business leader in South America, Africa or Asia and spent 100 hours studying the subject, he would have become more interested in BTC.

But Mr Sailor does in part allow Mr Munger to compare cryptocurrencies to gambling. The report quoted her as saying:

His criticism of the login password is not necessarily unreasonable. There are 10000 login passwords in gambling, and I sympathize with him very much in this matter.

Despite what a traditional billionaire like Munger might think, the boss of MicroStrategy is no doubt interested in the rapid development of bitcoin. In addition, his argument reveals the fact that he understands the international nature of Bitcoin and its ability to empower people who do not share financial data at the same level as Europeans.

Read more information:Query the top ten Defi loan platforms in 2023

Persistent application of Bitcoin

Sylar has been unswervingly applying bitcoin, and in his view, people in other parts of the world know more about the potential use of such digital goods. Sylar made it very clear that he focused on the widespread use of bitcoin and decided to focus on the development of Lightning Network mobile software and connect the world in a new way.

In addition, Sylar focuses on the need to improve the cryptocurrency industry, and companies such as Goldman Sachs, Morgan Stanley and ironstone are entering the encryption market. In addition, he stressed that this would require the establishment of rules by Congress and the Securities and Exchange Commission (SEC).

Please also refer toForeign countries accuse these four companies of promoting data encryption fraud

by wjb news
© 2023 WJB All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

Why can Bitcoin make money? Is Bitcoin's fixed investment profitable?

For some newcomers to the currency circle, they are not familiar with the investment in the currency circle, and their understanding of the special currency is not very deep. Therefore, they may be at a loss in the choice of investment methods. Many inves

VIDEO

NEWS

Tue, 18 Apr 2023

More