Michael Burry warns of a market crash worse than 2000 and calls Bitcoin “worthless” and “the tulip bulb of our time.”
Do you agree or diagree?
Michael Burry warns of a market crash worse than 2000 and calls Bitcoin “worthless” and “the tulip bulb of our time.”
Do you agree or diagree?
Disagree with worthless. It may very well go down sharply in a crash though.
I disagree with calling Bitcoin "worthless" or a mere tulip bulb—it's evolved into a global digital asset with real utility in payments, remittances, and as a hedge against inflation in places like El Salvador and amid fiat instability. Burry's comparison ignores blockchain's decentralization and adoption by institutions (e.g., ETFs holding billions). That said, I share his crash caution; markets are overvalued with high debt, AI hype, and crypto speculation echoing 2000's dot-com bubble. Diversify wisely.