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🔥CRAMER IS BEARISH: "Bitcoin has lost its luster." “Its sharp drop alongside a weaker dollar raises doubts it’s a real store of value or inflation hedge.” “We used to think it could be a currency — that’s not happening" "It’s just a speculative asset that started plummeting.”

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54,916 просмотров • 5 месяцев назад •via X (Twitter)

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🚨 BREAKING 🚨 Jim Cramer just said that Bitcoin is neither a store of value nor a hedge against inflation. He said Bitcoin can't be a currency, and it's just a speculative asset that keeps plummeting.
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🚨 BREAKING 🚨 Jim Cramer just said that Bitcoin is neither a store of value nor a hedge against inflation. He said Bitcoin can't be a currency, and it's just a speculative asset that keeps plummeting.

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The great Lloyd Blankfein on Bitcoin: “It’s not a medium of exchange…it’s not a good store of value…it’s not an asset you retreat to when you need safety.” “It could go to a million dollars for a bitcoin, but it’s going to get there without me.” Good inter with ARS.
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🇺🇸 Federal Reserve's Neel Kashkari: "Bitcoin is not a useful payment tool. It's not an inflation hedge. If it's just a speculative asset that's fine but I would like to know what it is and what it isn't." 🤔
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Bitcoin provides hope & protection for anyone. The US dollar has lost 25% of its purchasing power in 4 years, while bitcoin has gained over 800%. We are watching a global store of value be adopted. Here is my full segment on Squawk Box this morning.
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