Rogers: Bitcoin will go to zero; valueless if China says so

Ritu13

Those who use cryptocurrencies think they are smarter than the government. In fact, I believe they are correct. However, their intelligence lacks something that the government possesses. That is "firearms." This is why I believe cryptocurrencies will eventually disappear because they are not based on the armed forces of the government.

In reality, Jim Rogers mentioned in his book "Investment Biker" that the reason he believes "cryptocurrencies will disappear" is:

The fiat currencies we are using will all transition into digital currencies in the future. At that time, cryptocurrencies in the market will face significant challenges. When the government says they are legal, they are legal, and when they say they are illegal, they are illegal.

As for when the government will decide this, Jim Rogers admits that when cryptocurrencies conflict with the interests of the government, the government will decide, just like when Qin Shi Huang unified currency, using unofficial currency was considered treason.

Yamini003

Then it should be worthless.

Ritu77

Whether the words of the investment master are credible or not is debatable.

Iti911

He's really not holding back with his words. Listening to him, one might fear missing out on the entire year.

Kahn332

It's worth looking into even if it's deemed worthless.