Jim Cramer, the Mad Money host and The Street co-founder, said he is “fixated” on needing to own bitcoin because he fears a “massive amount of inflation.” While he owns “so much gold,” he is adamant about leaving a bitcoin inheritance to his children.
Jim Cramer to Regularly Buy Bitcoin
Jim Cramer is the host of Mad Money on CNBC, a former hedge fund manager, and a co-founder of Thestreet.com, a financial news and literacy website. During a podcast interview with Morgan Creek Digital partner Anthony Pompliano (Pomp), published Monday, Cramer asked many questions about cryptocurrency, particularly bitcoin. The Mad Money host said he has been following stock trader Dave Portnoy very closely. Portnoy recently bought bitcoin but exited the crypto market within a week after the price of chainlink, another of his crypto investments, fell.
Cramer calls himself a gold bug because he has “so much gold,” he revealed. He is concerned about hedging against inflation and leaving the right assets to his kids. The former hedge fund…