💵Legendary Investor Predicts the End of Cryptocurrencies — Predicts Bitcoin's Value Will Eventually Reach Zero😅🤡

Jim Rogers, an established investor who co-founded the Quantum Fund with George Soros, remains unconvinced about the staying power of cryptocurrencies, including Bitcoin. Speaking at an India Today meeting recently, Rogers shared his skepticism:

"I'm very skeptical of cryptocurrency. I don't expect it to last long. It's been a great thing for some people right now. Not so for me, but I don't see any long-term value in cryptocurrency."

Rogers prefers tangible assets such as rice or sugar over bitcoin and states that he has more confidence in their permanent value. He believes that commodities like sugar will always be valuable, but the same cannot be said for Bitcoin and predicts that Bitcoin will eventually disappear and fall to zero.

Despite Bitcoin's recent meteoric rise, Rogers doubts Bitcoin's ability to replace traditional safe-haven assets such as gold and silver. He admits that he does not own any bitcoin or other cryptocurrency.

Rogers has a history of skepticism towards cryptocurrencies. He expressed concern about governments potentially outlawing them in 2021 and underlined his desire for governments to tightly regulate them in 2022. It continues to cast doubt on Bitcoin's potential to become a mainstream form of money.

Rogers also warned about the future of the US dollar beyond cryptocurrencies, predicting that the dollar would fall further and alternative reserve currencies such as the Chinese yuan would rise. He predicts that the next recession will likely be the worst in his lifetime.#BTC#ETH#xrp#HotTrends#TrendingTopic$BTC $ETH $BNB #theairdrop