⸺ Obituary · February 16, 2022 ⸺

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

MarketWatch

Charlie Munger

“I wish it had been banned immediately. I admire the Chinese for banning it. I think they were right and we were wrong to allow it.”

Price at death

$43,901

Today

$61,577

Resurrection

×1.4

On 2022-02-16, Charlie Munger (Vice Chairman, Berkshire Hathaway) declared Bitcoin dead via MarketWatch. Bitcoin was trading at ~$43,901 at the time. The call joins the growing canon of premature obituaries.

The declaration was catalogued on February 16, 2022, when one Bitcoin traded for approximately $43,901. Since then, Bitcoin has appreciated by 40% relative to the price on the day MarketWatch pronounced it finished.

Read the original →

← Earlier death

“Crypto May Be Worse Than A Ponzi Scheme”

Later death →

“Bitcoin's Candle Will Soon Blow Out”

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