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Billionaire investor Jeremy Grantham says bitcoin will 'dwindle away with a whimper'

Billionaire investor Jeremy Grantham sparks debate by predicting Bitcoin will face extinction and "dwindle away with a whimper."

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13articles
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46d agofirst detected

📍 Where it landed

Jeremy Grantham described Bitcoin as a useless, speculative mechanism that would certainly go to zero. He predicted the cryptocurrency would fade into irrelevance and dwindle away with a whimper over years and decades.

The story quieted without a definitive conclusion in the coverage.

Epilogue added 42d ago, after coverage quieted.

Velocity

How fast coverage is spreading — measured hourly from article rate × source diversity. How this works →

11840Jun 29 02:19Jun 30 18:01 UTC

🌍 Cross-language spread

Newsylist detected this story across 2 language editions of the world's news.

🇬🇧 English Jun 26, 17:25 UTC
🇮🇹 Italian Jun 27, 17:44 UTC · Yahoo Finanza

Detected by matching proper nouns and figures that survive translation. Times reflect when each edition's coverage was first indexed.

The story so far

Jeremy Grantham, a billionaire investor with GMO, has dismissed Bitcoin as a useless and speculative mechanism. He predicts that the cryptocurrency will fade into irrelevance and quietly disappear over years and decades.

Coverage from CNBC, Forbes, Decrypt, and Bitcoin Magazine emphasizes Grantham's view that Bitcoin lacks practical use. Some reports, such as from Mint, link these comments to the asset slipping below $60,000.

Future developments may center on responses to Grantham's predictions, as Forbes indicates his outlook contains one significant problem.

Synthesized by Newsylist from the headlines below under a strict no-invention contract. ✓ fact-checked: all claims supported by sources Updated 45d ago.

The reporting (13)

The obvious questions

What is Jeremy Grantham's primary critique of Bitcoin?

He describes it as a useless, speculative mechanism with no practical use.

How does Grantham predict Bitcoin will end?

He states that Bitcoin will "dwindle away with a whimper" and face extinction over years and decades.

Which organization is Jeremy Grantham associated with?

He is associated with GMO.

People, places & organizations

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Topics

Jeremy Grantham Bitcoin GMO Cryptocurrency

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