Veteran Investor Jim Rogers on Crypto: Bitcoin Unlikely to Become Money, Governments Favor CBDCs

Veteran Investor Jim Rogers on Crypto: Bitcoin Unlikely to Become Money, Governments Favor CBDCs

In a new interview, Jim Rogers, who helms Rogers Holdings Inc. and was a co-creator of the Quantum Fund alongside George Soros in the 1970s, shared his observation of “various signs that something is going to go wrong soon” within the U.S. economy, predicting an impending recession. Additionally, Rogers discussed the leading crypto asset bitcoin, emphasizing his skepticism towards cryptocurrencies evolving into actual money. He underscored that should they pose a real challenge to traditional fiat currencies, governments will not tolerate it.
Renowned Investor Jim Rogers Expects a Recession – ‘I’m Afraid I See the Signs’
On Feb. 1, 2024, Jim Rogers engaged in an interview with Michelle Makori, the lead anchor and chief editor at Kitco News, delving into discussions on the U.S. economy, particular investment strategies, and briefly addressing bitcoin (BTC). Rogers shared with Makori his anticipation of a market slump, despite U.S. equities reaching peak levels unprecedented

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