Grantham Predicts Bitcoin's Slow Fade Over Decades
TL;DR Summary
Billionaire investor Jeremy Grantham argues bitcoin has no intrinsic value and is a worthless, speculative asset, predicting it will gradually fade away over decades rather than explode or crash. He contrasts it with gold’s steady gains and notes its lack of real-world utility, suggesting its current pullback—from around $60,000 and about 52% off its October peak—could continue as it proves unable to justify its value in practical use.
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