"Charlie Munger Compares Crypto To ‘Venereal Disease,’ Warns Of Inflation Danger"

Published in MarketWatch on 2022-02-16, "Charlie Munger Compares Crypto To ‘Venereal Disease,’ Warns Of Inflation Danger" declared Bitcoin dead or fundamentally doomed. The piece argued that Bitcoin's fundamental flaws — including volatility, scalability limitations, and lack of intrinsic value — made long-term survival unlikely. Bitcoin was trading at $43,901 at the time of publication. Bitcoin fell sharply amid interest rate hikes and the spectacular collapse of the FTX exchange and the Terra/Luna ecosystem.