What should Bitcoin’s Layer2 do?
Layer 2 of general computing smart contracts on Bitcoin has always been a problem because the Bitcoin network cannot be relied on to ensure the security of smart contracts.
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Layer 2 of general computing smart contracts on Bitcoin has always been a problem because the Bitcoin network cannot be relied on to ensure the security of smart contracts.
Charlie Munger's legacy includes unyielding critiques of cryptocurrencies, dismissing them as "crypto crappo" and advocating for a US ban. His candid views spark conversations in finance's evolving landscape.
The MUNGER token, initially soaring 31,000% post-Charlie Munger's death, has since crashed by 97.6%, underscoring the volatility of meme coins. Market activity and value have sharply declined, reminiscent of similar trends in other memecoins. The fate of tokens inspired by Henry Kissinger's death remains uncertain, but investors should approach with caution.
Berkshire Hathaway's Vice Chairman, Charlie Munger, passed away peacefully on November 28, 2023, at a hospital in Los Angeles, California, at the age of 99.
Charlie Munger, Berkshire Hathaway's vice chairman, and Warren Buffett's longtime business partner, has passed away at 99. Known for his scathing critiques, Munger consistently labeled Bitcoin as "rat poison" and expressed disdain for its impact on the U.S. In 2022, he continued to denounce cryptocurrency as "disgusting" and "dangerous," leaving behind a legacy of candid financial perspectives.
The Berkshire Hathaway Vice Chairman made the comment to the Daily Journal annual shareholder meeting Wednesday.
Breakdown by Lars, Research Director at The Block.
Venture capital firms continue to pour billions into the crypto economy; this week saw the launch of two funds worth a combined $500 million.