That said, in the same interview, Munger suggested that although he wished crypto had “never been invented” or was regulated out of existence it’s likely to stick around for the long haul. “We can’t do much about it, so we spend our time on the matters we can do something about,” he said. (He did say, if he were the “benign dictator of the world,” he’d make it “infeasible” to make short-term profits from securities.)