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Bitcoin News & Updates / Investment Guru Jim Rogers: The Value of Bitcoin Will Drop to Zero
« on: June 22, 2020, 07:38:49 AM »
Investor Jim Rogers thinks Bitcoin is still in a bubble and the cryptocurrency will eventually go to zero and disappear.
The investment guru who said Bitcoin was in a bubble as early as 2017 recently speculated that all cryptocurrencies will be gone eventually.
In an interview with the Asahi publication AERA dot on June 19, investor Jim Rogers said cryptocurrencies including Bitcoin (BTC) “will be in decline eventually and everything will go to zero."
"Those who use cryptocurrency think they are smarter than their governments,” Rogers said to AERA dot. “In fact, I think they are correct. But their governments have something that crypto people don't have. That is guns. The reason why I think cryptocurrency will be gone eventually is that it is not based on the armed force of governments' power."
Read on: https://cointelegraph.com/news/investment-guru-jim-rogers-the-value-of-bitcoin-will-drop-to-zero
The investment guru who said Bitcoin was in a bubble as early as 2017 recently speculated that all cryptocurrencies will be gone eventually.
In an interview with the Asahi publication AERA dot on June 19, investor Jim Rogers said cryptocurrencies including Bitcoin (BTC) “will be in decline eventually and everything will go to zero."
"Those who use cryptocurrency think they are smarter than their governments,” Rogers said to AERA dot. “In fact, I think they are correct. But their governments have something that crypto people don't have. That is guns. The reason why I think cryptocurrency will be gone eventually is that it is not based on the armed force of governments' power."
Read on: https://cointelegraph.com/news/investment-guru-jim-rogers-the-value-of-bitcoin-will-drop-to-zero