Bitcoin will disappear and go to zero someday: Jim Rogers
Investor guru Jim Rogers, renowned for his expertise in commodities like gold and silver, remains deeply skeptical about cryptocurrencies' long-term prospects. Speaking at the India Today conclave, Rogers expressed his reservations, stating, "I'm very skeptical of crypto. I don't expect it to last. It's been fabulous for some people now. Not for me, but I do not see any long-term value in cryptocurrency."
Rogers, known for his straightforward opinions, once famously compared Bitcoin to commodities like sugar or rice, emphasising his preference for tangible assets. "I have more confidence in the future in real things that people can use than I do in Bitcoin," he remarked. "Whether it's rice or sugar doesn't matter. I know that rice will always have value. It has always, I do not know that Bitcoin will always have value."
