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if I were the benign dictator of the world I would make it unfeasible to make short-term gains insecurities a lot of people think well in this morning Charlie don't understand it well I think we do understand it and we and we we know it isn't good for our Republic How concerned are you about Russia and Ukraine right now well of course nobody likes it no I don't of course I don't like it but is it a big anybody like the trouble with I I don't think Russia likes it I don't think it's good for anybody how do you see it playing out or how concerned should we be about it though well there's room for optimism when there's room for a person I don't have any magic ball that I could look into and tell you what's going to happen in Russia or the Ukraine shifting gears Charlie I want to ask you about cryptocurrency which you have been very negative about calling it rat poison and you hated the success of Bitcoin but are you surprised that it's gotten even more mainstream then since then instead if you stop to think about it it's an ideal currency if you want to commit extortion or kidnapping or have a protection record or something why should a civilized government want an ideal untraceable technology to come into the payment system run by a bunch of people who want to get rich quick for doing very little for civilization of course I hate it I don't think it's a I don't think it's good that our country is going crazy over Bitcoin and its ilk I think the Communist Chinese were wiser than we were they just banned it any predictions on what's going to happen with crypto in the United States a lot of Bad Genie out of a bottle God knows what happens I think was a huge mistake to to allow it at all and the truth of the matter is our regulatory establishment when they quit the government they go out into this heavy heavily promotional capitalism and so it's very hard to get the government to make good wise decisions about something like Bitcoin Charlie last year Robin Hood the new broker dealer issued a statement saying people are tired of the Warren Buffett's and Charlie mongers of the world acting like they are the only Oracles of investing what's your response to that and where do you stand on day trading apps like Robin Hood well I think it's a if I were the benign dictator of the world I would make it unfeasible to make short-term gains insecurities because I I we now mix up a legitimate activity Capital raising for Enterprises that need money to do their capitalistic function with a gambling casino where people come in and Gamble and those two of those two functions when they're mixed as they are in a stock market or Bitcoin uh create a speculative mess and a speculative orgy and it's dangerous for the Republic it isn't good to have a lot of people trying to get easy money for sure just from gambling and the people that are preying on them the salesman and the market makers they're not the most admirable people either so no I don't like it at all as I say most old men don't of course and a lot of people think well I'm just born in Charlie don't understand it well I think we do understand it and we and we we know it isn't good for our Republic and we can't do much about it so we spend our time on the matters we can do something about
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