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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.”

Coin Bureau

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54,916 次观看 • 5 个月前 •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.

🚨 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.

Max Crypto

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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.

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.

Compound248 💰

100,084 次观看 • 3 个月前

Sharmin Mossavar-Rahmani, chief investment officer of Goldman Sachs Wealth Management: bitcoin lacks a fundamental value thesis, it is just a speculative trading asset, not an investment asset. Counter-argument: bitcoin is a growth currency, its fundamentals driving adoption are (1) the freedom to save a monetary asset with a verifiably, finitely scarce supply and (2) a decentralized open-source software protocol that maximizes reliability. Synthesis: bitcoin is not a cash-flow investment because it is cash, and its advantageous properties as a monetary asset are attracting new adoption which drives value accrual. That's why it's the best performing asset over the past 10 years and should be in GS clients' portfolios.

Sharmin Mossavar-Rahmani, chief investment officer of Goldman Sachs Wealth Management: bitcoin lacks a fundamental value thesis, it is just a speculative trading asset, not an investment asset. Counter-argument: bitcoin is a growth currency, its fundamentals driving adoption are (1) the freedom to save a monetary asset with a verifiably, finitely scarce supply and (2) a decentralized open-source software protocol that maximizes reliability. Synthesis: bitcoin is not a cash-flow investment because it is cash, and its advantageous properties as a monetary asset are attracting new adoption which drives value accrual. That's why it's the best performing asset over the past 10 years and should be in GS clients' portfolios.

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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." 🤔

🇺🇸 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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Anthony Pompliano 🌪

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‘Bitcoin doesn’t solve any problem. It’s not a currency nor is it a store of value’ — Liz Ann Sonders, Chief Investment Strategist at Charles Schwab 18 October 2024 BTC: $68,000

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Mike Still

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We need to talk about money — what it is, how it works, and what its value is. When it comes to gold, some people view it as a commodity to speculate on. But it’s so much more than that. It’s the second largest reserve currency in the world. And it’s an important hedge against risks to fiat currencies.

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Ray Dalio

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JUST IN: BlackRock’s Larry Fink says “if you're in a country where you're fearful of your future, fearful of your government or you're frightened that your government is devaluing its currency by too much deficits, you can say this is a great potential long term store of value.” #Bitcoin “it’s bigger than any government.”

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Simply Bitcoin

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“No, I think it’s great,” Trump told reporters in Iowa when asked if he was worried about a decline in the value of the dollar that’s dragged the currency to its weakest level in nearly four years

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