Ran Neuner
@cryptomanran
CNBC Crypto Trader , Founder Crypto Banter. Invest in protocols that will change the world-give them enough time to do their thing. Tweets not financial advice.
Joined July 2009
4.8K Following 964.7K Followers
We are nearing a bottom. We need a few more of these.
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.
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