Jeremy Grantham thinks bitcoin will dwindle away with a whimper. Not a bang. A whimper. The billionaire wants you to know this will take decades.
Decades.
He could've said bitcoin goes to zero tomorrow. He could've said it collapses next week. But no. Grantham chose the one prediction that guarantees he'll be dead before anyone can check his work.
This is the financial forecasting equivalent of telling your wife you'll definitely clean the garage but you need forty years to do it properly. It's unfalsifiable. It's cowardly. It's perfect.
Bitcoin has been dying since 2011. It died when Mt. Gox collapsed. It died when China banned it the first time. It died when China banned it the second time. It died when China banned it the third time. It died when every respected economist said it would. It died when your uncle bought some. It died when El Salvador adopted it. It keeps dying and somehow your cousin Derek still won't shut the f*ck up about his cold wallet.
Grantham's prediction is brilliant because whimpering takes forever. You can whimper for thirty years. You can whimper through three more halvings and five more spot ETF approvals and however many times Michael Saylor remortgages his kidneys. A whimper doesn't have a timestamp. A whimper doesn't have an exit price. A whimper is just vibes stretched across multiple election cycles.
Retail traders heard this news and immediately checked the chart. Bitcoin's up four percent today. They're now convinced Grantham is secretly bullish. They've screenshotted his quote and added rocket emojis. They're calling it reverse psychology. They're saying he's accumulating. They're completely f*cked.
Grantham will be remembered for calling the dot-com bubble and the housing crisis. He'll also be remembered for this prediction, but only if bitcoin actually whimpers away sometime before 2075, which means the only people who'll remember are whatever AI trading bots inherit his portfolio.
Photo by Kanchanara on Unsplash
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