Jim Cramer vs. Bitcoin: Whoās Got It Right?
š„š vs āæš„
Jim Cramer just dropped a hot take:
> āPeople should invest in pharmaceutical stocks, not Bitcoin. Bitcoin is doomed to fail in the long run.ā
Thatās a bold callābut is he right?
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Cramer's Case for Pharma
š Aging population = long-term demand
š° Recurring profits from treatments & meds
š Backed by institutional money & regulation
š§Ŗ Innovation in AI-driven drug discovery
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His Beef with Bitcoin
ā ļø Too volatile
šļø Regulatory risk
ā»ļø Energy concerns
š¬ Calls it āspeculation, not investmentā
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But Hereās the Other Sideā¦
āæ Bitcoin has:
āļø Outperformed every asset in the last 10 years
āļø Growing adoption (BlackRock, PayPal, ETFs)
āļø A fixed supply = inflation hedge
āļø Seen as digital gold by institutions & nations
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So⦠Pharma or Bitcoin?
Why not both? Diversification is š.
But writing off Bitcoin might be prematureāespecially in a world racing toward digital finance.
#CryptoNews #Bitcoin #BTC #JimCramer #Altcoins