**Michael Burry Compares Bitcoin to Tulip Mania — Skepticism Continues**
Well-known investor Michael Burry, famous for predicting the 2008 housing crash, has reiterated his criticism of Bitcoin, comparing it to **Tulip Mania** and labeling the cryptocurrency as "worthless."
**Key Points from Burry:**
- **Dismisses $100K Bitcoin:** Calls the idea "absurd" and questions its intrinsic value.
- **Draws Parallel to Tulip Bubble:** Suggests Bitcoin is a speculative mania with no underlying worth.
- **Highlights Criminal Use:** Argues Bitcoin facilitates illicit activity more than historical speculative bubbles.
**Context:**
Burry represents a segment of traditional finance that remains deeply skeptical of crypto as an asset class.
His views contrast sharply with growing institutional adoption, ETF approvals, and increasing regulatory clarity.
**Why This Matters:**
High-profile criticism often sparks debate but rarely changes Bitcoin’s long-term trajectory.
Market participants are familiar with the "Tulip" comparison—it’s been used since Bitcoin’s early days, even as its network and adoption have expanded significantly.
**Bottom Line:**
Burry’s stance is not new, but it’s a reminder that Bitcoin remains polarizing.
Investors should focus on fundamentals, adoption metrics, and macro trends rather than individual opinions—bullish or bearish.
*The market will decide Bitcoin's value, not any single voice.*
#Bitcoin #MichaelBurry #Crypto #TulipMania #Markets
