A 97 year old talking about modern technology, makes sense.

This isn't a shocking statement. Warren Buffet and Berkshire Hathaway's entire philosophy has been to invest in what you know, companies you can understand and believe in. It's a good philosophy that suited them well in their time.

However, when the wealthiest people in the world, the actual "1 percenters" start to complain and ruffle their feathers over new technologies that provide the ability to generate wealth for individuals outside the status quo, without "trickle down economics" or a dependence on the current powers that be, we should take note.

Charlie Munger is around the 500th richest person in the world, assuming all of his assets have been accounted for. He is worth approximately 1.9 billion dollars. Most of his wealth was accomplished through owning Berkshire stocks. For years before that, Munger ran a law firm that catered to investors. His vast knowledge of financial law and regulations is what made Mr. Munger rich and powerful, Like a Catholic Priest to the Latin language in the Dark Ages.

In 1970, if Warren Buffet says buy Coca-cola stock if you wanna get rich, you buy it.

In 2021, if Charlie Munger, 97 yrs old says Crypto should be banned and China is making sound financial decisions, his family needs to needs to start talking about whether or not it's time to put him in a home...and you should buy Crypto.

For those of us who have found crypto projects we can grasp and believe in, I will see you on the moon, if they don't throw us all in jail first!!

/r/ethtrader Thread Link - i.redd.it