Jim Cramer Doesn’t Know Bitcoin

The battle-scarred blow-hard, former trader and CNBC host was talking about hedge investments at a time of inflation and economic turmoil. He averred his audience that they would be better putting money into gold, the traditional safe-haven, rather than crypto. “The graphs…suggest you need to ignore the crypto cheerleaders now that bitcoin’s bouncing. And if you seriously want a real hedge against inflation or monetary chaos, she says you should stick with gold,” he said.