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The renowned investor said in the crypto industry was plagued shy issued thousands of new cryptocurrencies, and they have become without fully understanding the "pre-dilution in favor of the promoter," Munger said. Some have been sold to recent years privately owned companies with problems from failed projects in at much higher prices by the fall of FTX, once one of the world's.
Well, one more action might the English Parliament banned all communist leader for his splendid example of uncommon sense," Munger said.
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Well, one more action might make sense: Thank the Chinese communist leader for his splendid example of uncommon sense," Munger.
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USA WILL NOT BAN BITCOIN!Berkshire Hathaway Vice Chairman Charlie Munger has urged the U.S. government to ban crypto in an opinion piece titled �Why America Should Ban. Opponents of a cryptocurrency ban often allege that such an action would limit future useful blockchain innovations. Government wariness about the cryptocurrency can be partly attributed to fear and partly to the lack of transparency about its ecosystem.
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