Crypto is ‘a useless, speculative mechanism,’ says GMO’s Jeremy Grantham
Crypto is ‘a useless, speculative mechanism,’ says GMO’s Jeremy Grantham. Market participants are assessing the implications for related sectors and asset prices. Analysts note that this development may influence near-term trading sentiment and positioning across equities, rates, and commodities.
Meridian View
Meridian Intelligence View
Meridian Intelligence view: Crypto challenges fiat monopolies, expressing spontaneous demand for sound money. Volatility reflects institutional uncertainty—watch the competitive process as medium of exchange and store of value.