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What does Charlie Munger think of bitcoin

Publish: 2021-03-26 18:28:43
1. Professor Lang Xianping warned: bitcoin is a complete financial fraud. People should take care of their wallets, cherish their lives and stay away from bitcoin
everyone has his own views on new things, which can not be covered in a word. Everyone has their own theoretical basis, but whether bitcoin is a fraud still needs to be tested in practice. There is no right or wrong point of view, and practice is the only standard for testing truth. Bitcoin is just a small-scale social experiment. However, with the rising tide of bitcoin, many well-known counterfeit coins have been derived, such as Wright coin, dog coin, Ruitai coin, Weimeng coin and so on. However, pyramid schemes under the guise of digital currency are also increasing.
2. Some of the tasks in the legendary world's King City Mission are to be handed over to the mission mine. Some task mines are difficult to dig, such as 12 copper mines and 13 iron mines. These relatively difficult task mines are very valuable. The common task mines are as follows:
iron ore: 8 iron, 10 iron, 13 iron, 15 iron, more than 15 iron
copper ore: 12 copper, 15 copper, more than 15 copper
silver ore: more than 15 silver ore
blackbody:
more than 10 black iron
in addition to the task mine required by the Royal City Mission, other mines, such as gold, silver, copper and iron with purity of more than 15 plus a piece of wood, You can use it to forge your destiny. If you are lucky, you can forge your destiny at level 35, especially the soldier's. Black iron of various purity can be used to upgrade weapons, and black iron of purity more than 20 can be used to forge Dark Armor of stepping on cloud. The price of task mines varies from district to District, and the price of all kinds of task mines is also different. For example, the price of black iron above 20 is 100W in our district, and the price of black iron of 20 in our district is 1 yuan. So a lot of people can make money by mining~~~
3. Are you really poor enough? Which district? Let's see if we're going alone. If we're in, I can help you
4. Born in Haijiao village, you have to make a boat to Luoxia island. Born in Luoxia Island, you can directly ask the old man to take you. But don't worry. It's hoe and ngeon flying. Don't dig the mine and get lost
5. The first time you dig a mine, a dialog box will pop up to let you answer a question. If you answer wrong, it will appear "you are still in the punishment period of mining and can't dig ore for the time being". Then you can't dig anything. The punishment lasts about 15 minutes. You can't go offline, just hang up, then answer the question and dig again
6.

in mid December, Jay Clayton, chairman of the US Securities and Exchange Commission, stressed the risk of bitcoin and asked investors to be careful about ICO (initial token issue). Investors should understand that ICO has not been registered with the SEC so far and that the SEC has not approved any publicly traded funds that hold digital currencies, he said in a statement on his website. Clayton clearly pointed out the hidden risks of bitcoin mania, including the transfer of investment overseas without the knowledge of the parties

< HR / > < blockquote >

Charlie Munger, vice chairman of Berkshire Hathaway, the golden partner of "stock god" Warren Buffett, believes that the speculation of bitcoin is a "crazy move" through and through, and people should avoid bitcoin as they avoid the plague

"I think that even stopping to think about bitcoin is very stupid behavior," Munger said before. "Bitcoin is a crazy bubble, bad ideas. They can attract others with the concept of easy getting rich without much insight or work." Munger believes that bitcoin can not replace gold and investors should stay away from it like a plague

summary: Recently, the Public Security Bureau of Henan Zhongyuan Oilfield successfully cracked the first bitcoin theft case in China, CCTV reported. The suspect Dai is proficient in software programming. After cracking the downloaded genuine wallet software, he joins the program of transmitting user name and password to steal bitcoin. Once someone deposits bitcoin in the E-wallet, he will know the other person's account name and password, and transfer the bitcoin in the E-wallet. In this way, Dai has committed three crimes involving more than 20 million yuan. At present, the police have found out Dai's account and frozen it, recovering more than 2 million yuan of stolen money

7.

First of all, we need to understand what bitcoin is. As we all know, bitcoin did not become a trading currency many years ago. A long time ago, after bitcoin sold pizzas, some people began to identify with bitcoin, and then bitcoin became valuable. Although bitcoin did not have any government endorsement, its value was that people thought it could be used as an exchange currency, Especially from the blockchain, more and more people understand that the underlying architecture of bitcoin is built on the blockchain, and Nakamoto himself has never been exposed, but people recognize that the total number of bitcoin is 21 million

well, after we know about bitcoin, we'll come back to see why our China investment bank and tycoons blow bitcoin to the sky:

8. Let me talk about hardware wallet. Heshu hardware wallet is a digital asset storage hardware wallet launched in June 2018. Unless it is smashed, your personal assets will not be lost or stolen. The most important core concept is only two words: safety
we all know that the control right of digital currency is the private key. With the private key, the currency can be transferred out and into a certain address. Of course, the address is public. So Heshu hardware wallet is safe, even if you pay hackers to crack it, it may not succeed. But indivials should take good care of their hardware wallet and learn how to operate it. Don't lose it or delete it or forget it. Otherwise, you may have to buy a new one to recover the previous data.
9.

We will pay close attention to the instry value points, constantly screen, refine and optimize, and provide the most needed, useful and important content for community players Fenghuolun blockchain

< img SRC=“ //www.yuanxue365.com/en/img_d0c8a786c9177f3effd2d0c57bcf3bc79e3d5617 ">

it's time for all instries to write their year-end summary again, but the year-end summary of the currency circle may be as follows:

< img SRC =" //www.yuanxue365.com/en/img_7e3e6709c93d70cfa01c86c5f3dcd100bba12b17 ">

to be honest, when bit30000 soft coins, Xiaobian has already felt beyond imagination, not to mention now the price is not dare to see. As soon as the price comes up, although the dispute is still very big, more and more people pay attention to it. For example, the following question on Zhihu has been followed by more than 1000 people and browsed more than 500000 times

What do you think of this question? When and how did you know about bitcoin

there are all kinds of discussions at the bottom of this post. Although a good study and work does not affect the holding of bitcoin, Xiaobian, from his own point of view, did not know bitcoin at that time because he did not do his job properly

however, this question may also be a false proposition, such as the following answer:

< img Src=“ //www.yuanxue365.com/en/img_faf2b2119313b07e881d7cc007d7912396dd8c51 ">

it would be nice if the" poor people "who used to get twice as much. Unless they really inlge in work and forget it, there are too few people who can insist on getting the present, And the person who can really get the present, maybe he is not short of money, otherwise he will exchange bitcoin for other things for various reasons

do your relatives and friends know about bitcoin? Do you have any friends who have taken it for several years

however, this post may have overlooked one thing, that is, it may be easier to rely on counterfeit money for financial freedom. About a year and a half ago, bit3000 was about 40 times as much as now. However, at that time, the number two Wright was just over 20, which has increased by 70 or 80 times. What's more, such as quantum chain, crowdfunding in March this year has increased 170 times

who do you want to argue with

so it's true that every time the market is good, all kinds of crowdfunding will be crazy, and new projects will always give people a lot of imagination

a lot of big currencies like bitether, including the top currencies in market value, have experienced the test and precipitation of time; And new or small currencies, although they have strong explosive power, have a strong speculative atmosphere. When the tide goes down, you can see who is swimming naked. This is also the reason why many old players stay in the mainstream currency

recently, the mad cow is on the way, and each group is quite busy, but Xiaobian is still here to remind you, pay more attention to risks, eat and sleep on time, and hope that everyone can go to the peak of life

so do you think it would be better to hold bitcoin or counterfeit coins? Or what do you think of those who rely on bitcoin for financial freedom? Welcome to leave a message below~

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