Jim Cramer, the host of CNBC’s “Mad Money,” has been a long-time critic of Bitcoin. He has called the digital currency a “mirage,” and said it is not a store of value.
However, Cramer’s tune seems to be changing.
In a recent episode of “Mad Money,” Cramer said that he is “starting to believe” in Bitcoin. Cramer said that he has been doing some research on Bitcoin, and he is starting to see the potential benefits of the digital currency.
NOTE: WARNING: This article may contain information regarding Jim Cramer’s opinion on Bitcoin. Please note that this opinion is solely that of Jim Cramer and not necessarily a reflection of the overall consensus of cryptocurrency. Investing in cryptocurrency can be a risky endeavor, so please use caution and do your own research when considering investing in Bitcoin or any other cryptocurrency.
Cramer is not the only one who is changing his mind about Bitcoin. JPMorgan Chase CEO Jamie Dimon, who has also been a critic of Bitcoin, said recently that he is “open-minded” about the digital currency.
It seems that even the most vocal critics of Bitcoin are starting to see the potential of this new technology. With more mainstream adoption, it is only a matter of time before Bitcoin becomes a mainstream currency.
4 Related Question Answers Found
As the world becomes more and more digital, it’s no surprise that cryptocurrency is becoming more popular. Bitcoin, the most well-known cryptocurrency, has seen a lot of growth in recent years. And as a result, people are wondering if they can use Bitcoin in their Individual Retirement Accounts (IRAs).
When it comes to Bitcoin, there is a lot of debate on whether it is a scam or legitimate. Some people believe that Bitcoin is a scam because it is not backed by anything, while others believe that it is legitimate because it is a decentralized currency. Here, we will take a look at both sides of the argument to see if we can come to a conclusion about Bitcoin.
When it comes to investing for retirement, there are a lot of options available. But one option that has gained a lot of popularity in recent years is investing in Bitcoin through a self-directed IRA. But is this option actually legit?
When it comes to Bitcoin, the biggest risk is not that of hackers but rather that of bitcoin itself. While the code that creates the Bitcoin system is open source and available for anyone to review, the actual implementation of Bitcoin is done by a select few. This means that there are a limited number of people who actually understand how Bitcoin works.
