The post Billionaire investor Jeremy Grantham Calls Bitcoin and Crypto ‘Useless’ appeared first on Coinpedia Fintech News
Billionaire investor Jeremy Grantham, co-founder of GMO and one of Wall Street’s best-known bubble watchers, delivered another harsh assessment of Bitcoin during a recent interview. Calling crypto a “useless speculative mechanism,” Grantham predicted Bitcoin will eventually “dwindle away… not with a bang, but a whimper,” arguing that interest will slowly fade rather than collapse overnight. …