[Coin World] On December 2, Michael Burry, the prototype character of “The Big Short,” has fired again. This time the target? Bitcoin.
In the latest episode of the podcast, Burry ruthlessly likened BTC to “the modern tulip bulb”—yes, that’s right, the one from the 17th century that ultimately collapsed due to rampant speculation in the Netherlands. His exact words were even harsher: “$100,000 for Bitcoin? That's utterly ridiculous.”
This investor, known for predicting the subprime mortgage crisis, believes that cryptocurrency “has absolutely no value.” Even worse, he added: “Bitcoin is worse than the tulip bubble because it breeds a massive criminal ecosystem.”
Burry is known for his contrarian views, but this time his comments have caused quite a stir in the community. Standing at the threshold of 100,000 dollars, is Bitcoin a bubble or the future? What do you all think?
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SatoshiSherpa
· 3h ago
Short positions always say long positions are foolish.
The prototype of "The Big Short" blasts BTC: $100,000 is the most ridiculous thing, worse than the tulip bubble.
[Coin World] On December 2, Michael Burry, the prototype character of “The Big Short,” has fired again. This time the target? Bitcoin.
In the latest episode of the podcast, Burry ruthlessly likened BTC to “the modern tulip bulb”—yes, that’s right, the one from the 17th century that ultimately collapsed due to rampant speculation in the Netherlands. His exact words were even harsher: “$100,000 for Bitcoin? That's utterly ridiculous.”
This investor, known for predicting the subprime mortgage crisis, believes that cryptocurrency “has absolutely no value.” Even worse, he added: “Bitcoin is worse than the tulip bubble because it breeds a massive criminal ecosystem.”
Burry is known for his contrarian views, but this time his comments have caused quite a stir in the community. Standing at the threshold of 100,000 dollars, is Bitcoin a bubble or the future? What do you all think?