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Legendary investor Jeremy Grantham says bitcoin will fade away

Billionaire investor Jeremy Grantham said bitcoin will lose interest over the long term and eventually converge to zero. He called it a \"useless speculative mechanism\" and said he has never held it. Grantham rejected claims that bitcoin is a store of value, citing its volatility, and said gold rose steadily over the same period. The article also notes bitcoin\'s decline from its 2025 peak and contrasting views from Mexican billionaire Ricardo Salinas Pliego.