Bitcoin News(@BitcoinNewsCom):BILLIONAIRE INVESTOR JEREMY GRANTHAM SAYS BITCOIN WILL “DWINDLE AWAY WITH A WHIMPER” Jeremy Grantham renews his long-running criticism of Bitcoin, calling it a “useless, speculative” asset with no intrinsic value and predicting it will “dwindle away, not with a bang, but a whimper.” Speaking on CNBC, the GMO co-founder argued Bitcoin has failed to prove itself as either a stable store of value or a practical medium of exchange, saying its primary real-world use is helping “crooks move money around.” He also noted that gold has continued to deliver strong returns over the same period.

2026.06.26 19:32

BILLIONAIRE INVESTOR JEREMY GRANTHAM SAYS BITCOIN WILL “DWINDLE AWAY WITH A WHIMPER” Jeremy Grantham renews his long-running criticism of Bitcoin, calling it a “useless, speculative” asset with no intrinsic value and predicting it will “dwindle away, not with a bang, but a whimper.” Speaking on CNBC, the GMO co-founder argued Bitcoin has failed to prove itself as either a stable store of value or a practical medium of exchange, saying its primary real-world use is helping “crooks move money around.” He also noted that gold has continued to deliver strong returns over the same period.