Posted 4/6/2024, 11:04:00 AM
Dave Ramsey Softens Stance on Bitcoin, Though Maintains Crypto Skepticism
- Dave Ramsey has been a long-time crypto skeptic, calling it a "risky" and "stupid" investment in the past
- Recently, Ramsey admitted Bitcoin is a currency, comparing it to the yuan and yen
- However, he said Bitcoin has the "least faith" of currencies and predicted continued volatility
- Ramsey argues Bitcoin is not an "investment" since it doesn't produce cash flow
- While skeptical of crypto, Ramsey may agree chip maker Nvidia is a solid investment option
