Crypto Is ‘a Useless, Speculative Mechanism,’ Says GMO’s Jeremy Grantham (BTC-USD:Cryptocurrency)
14 Articles
14 Articles
Bubble Prophet Jeremy Grantham: Bitcoin Will Quietly Disappear Over Decades Jeremy Grantham, a legendary American value investor and co-founder of asset management firm GMO, has offered a pessimistic outlook on Bitcoin, stating that it will gradually fade away over decades. Grantham [said] on CNBC Squawk on the 26th (local time)
'Bitcoin has no practical use': Jeremy Grantham says the crypto will 'fade into irrelevance' as it slips below $60,000
Investor Jeremy Grantham criticized Bitcoin as a useless speculative asset, asserting it will fade into irrelevance. Bitcoin fell below $60,000, with its market cap declining.
decrypt.co
Cryptocurrency News | Cryptocurrency Prices | Market CapBillionaire Jeremy Grantham Dismisses Bitcoin, Says Crypto Will Fade 'With a Whimper'
The seasoned investor has little faith in Bitcoin's staying power, expecting crypto to quietly fade away over time.
technewstube.com
slashdot.orgBitcoin Drops Again. Skeptical Investment Strategist Calls It 'Useless'
Friday Bitcoin closed at just $59,948 - dropping 19% just for June and more than 50% lower than its record high in October of $124,310. To commemorate the occasion CNBC interviewed long-time bitcoin skeptic Jeremy Grantham, reporting that the 87-year-old cofounder/chief investment strategist of the massive asset-management firm GMO is "predicting it will gradually fade into irrelevance over decades." [The] longtime market commentator known for h…
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