Michael Burry of "The Big Short" Warns: Bitcoin Is a Modern Speculative Bubble
Legendary hedge fund manager Michael Burry, known for his precise predictions depicted in the film "The Big Short," has once again voiced criticism of Bitcoin. In the well-known Against the Rules podcast, Burry did not hold back on digital gold, comparing the current euphoria to the famous Dutch tulip bubble of the 17th century.
According to the investor, Bitcoin is a speculative instrument lacking intrinsic value. Burry believes that a scenario where Bitcoin's price reaches $100,000 is not just an unrealistic dream
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