Dave Ramsey Once Compared Bitcoin And Other Cryptos With Blackjack And Cocaine — And Even 2025 Bull Run Hasn’t Changed His Mind
Personal finance guru Dave Ramsey has long been a critic of cryptocurrency investments, and even the blockbuster bull run of 2021 failed to sway his opinion on the asset class.
What happened: Back in April 2021, a caller on his popular radio program, “The Ramsey Show,” inquired about his thoughts on cryptocurrency and how to deal with the FOMO of investing in the asset class.
This was when the market, driven by Bitcoin (CRYPTO: BTC), was experiencing a record-breaking bull run, with the price of the apex cryptocurrency shooting up 106% year-to-date.
It [cryptocurrency] had an incredible year. People made a lot of money out of this year. Without a doubt, no question about that,” Ramsey replied. “But they make a lot of money on cocaine, too. They make a lot of money playing futures, …
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