Jan 22nd, 2021

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

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.” (Source: Bloomberg)