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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The brief
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 10h ago.
Quick answers
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.
Coverage (11)
- Billionaire Jeremy Grantham Dismisses Bitcoin, Says Crypto Will Fade 'With a Whimper' Decrypt · 13h ago
- Jeremy Grantham’s Bitcoin Prediction Has One Big Problem Forbes · 13h ago
- Billionaire Jeremy Grantham Dismisses Bitcoin, Says Crypto Will Fade 'With a Whimper' Decrypt · 13h ago
- Billionaire investor Jeremy Grantham on crypto: A useless, speculative mechanism MSN · 1d ago
- Billionaire Investor Jeremy Grantham: Bitcoin Will ‘Dwindle Away With a Whimper’ Bitcoin Magazine · 1d ago
- Wall Street’s most famous bear says Bitcoin’s fate is extinction Cryptopolitan · 1d ago
- Jeremy Grantham Says Bitcoin Will Quietly Disappear Over Years and Decades bloomingbit · 1d ago
- 'Bitcoin has no practical use': Jeremy Grantham says the crypto will 'fade into irrelevance' as it slips below $60,000 Mint · 1d ago
- Bitcoin Will Dwindle “With a Whimper,” Warns Billionaire Investor TipRanks · 1d ago
- Crypto is ‘a useless, speculative mechanism,’ says GMO’s Jeremy Grantham (BTC-USD:Cryptocurrency) Seeking Alpha · 1d ago
- Billionaire investor Jeremy Grantham says bitcoin will 'dwindle away with a whimper' CNBC · 1d ago broke it first
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