Bitcoin, Based on Faith, Has ‘Nil’ Value, Grantham Says

Bloomberg Markets and Finance published this video item, entitled “Bitcoin, Based on Faith, Has ‘Nil’ Value, Grantham Says” – below is their description.

Jan.22 — Jeremy Grantham, the GMO co-founder and chief investment strategist, is no Bitcoin believer. Here, he dismisses the cryptocurrency as an article of faith, a poor excuse, in his view, for a reliable investment because it produces no income. He spoke exclusively to Erik Schatzker on Bloomberg’s “Front Row.”

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