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- Charlie Munger eviscerated cryptocurrencies during Daily Journal's annual meeting.
- Warren Buffett's right-hand man labeled the likes of bitcoin, ether, and dogecoin as "cryptocrappo."
- Munger said he felt ashamed that some Americans like crypto and US officials haven't banned it.
It's fair to say that Charlie Munger isn't the biggest fan of cryptocurrencies.
"Sometimes I call it cryptocrappo and sometimes I call it, well, cryptoshit," the billionaire investor said during Daily Journal's annual meeting on Wednesday, which was broadcasted live by CNBC.