Woofun AI reports that GMO co-founder Jeremy Grantham characterized Bitcoin as a "worthless speculative" asset lacking intrinsic value. He predicted the cryptocurrency will gradually become irrelevant over the next few years or decades, stating it will "fade away gradually, not with a bang, but with a whimper."

Grantham argued that Bitcoin fails as a stable store of value due to unpredictable halving events and lacks real-world utility for legitimate transactions. He contrasted this with gold's robust performance and claimed Bitcoin is primarily used "to move money for criminals", noting the asset is currently down about 52% from its October high.