Dave Ramsey Softens Stance on Bitcoin, But Remains Wary of Its Volatility

Dave Ramsey recently took a more measured tone on Bitcoin, calling it a "currency" and saying it may eventually "level out and become a thing."

However, Ramsey still sees Bitcoin as very volatile and wouldn't recommend investing in it.

He compares Bitcoin to currencies like the yuan and yen that are backed by countries, arguing Bitcoin has the "least faith."

Ramsey and his co-host argue Bitcoin isn't an "investment" because it doesn't produce cash flow.

While Ramsey remains skeptical, investors may find better opportunities in assets like real estate and stocks that generate tangible income.