David Lawrence Ramsey III, an American radio persona (The Ramsey Mark), financial commentator and the founder of Ramsey Solutions, has slammed cryptocurrency, saying that it can per chance well additionally be extra official within the shatter nonetheless not now.
He additionally admitted that crypto is a currency, nonetheless a digital one, talking not of Bitcoin or Ethereum nonetheless crypto customarily. On the opposite hand, his take grasp of on crypto is slightly combined as he puts gambling, commodities, crypto and fiat currencies within the the same pot when talking about it.
Dave Ramsey: Bitcoin is dumber than crap
He’s washed, has clearly easiest completed extremely restricted research on $BTC and is hurting his viewers with this recommendation
Detest to be taught about it pic.twitter.com/dmLdn7dvX6
— Gape Crypto (@DiscoverCrypto_) September 12, 2025
“Crypto is commodity and currency”
In a video excerpt published by the @DiscoverCrypto_ X memoir, David Ramsey is talking at some level of a most modern Ramsey Mark and is answering questions from the co-host about his take grasp of on crypto.
His take grasp of on cryptocurrency customarily looks slightly combined, since while he believes it to be a digital currency, he peaceable refers to it as a gambling instrument and a fetish.
While answering questions by his co-host, Ramsey stated that he doesn’t judge crypto to be a proven investment, since he considers it a commodity, worship gold or oil. He pointed out that he doesn’t aquire oil rigs both. Ramsey stated, “It’s not gonna be a proven investment, on memoir of it’s a commodity. Commodities are by no methodology a proven investment.”
“Dumber than crap”
He stated he doesn’t make noteworthy gambling when asked about taking a peep for crypto. He then stated that crypto is a currency and he prefers to not make investments in that, worship he doesn’t make investments within the Jap yen or the Deutsche Mark (now Germany and the entire EU makes use of the euro). Per Ramsey, fiat currencies luxuriate in an extended observe record, nonetheless crypto is additionally a digital currency with a short observe record. In some unspecified time in the future, he admitted, crypto may per chance well well additionally fair develop into extra official when it will get an extended observe record.
Nonetheless to this level, “it is upright the entire frosty young folks doing lifeless stuff.” He likened investing in crypto to investing in emus — love Australian birds — as an different of in cattle, which within the past changed into regarded as a mountainous investment. Also, folks desire to peep frosty, so they are shedding money on it, Ramsey stated, calling crypto a fetish.
He concluded his anti-crypto tirade by saying that crypto is “dumber than crap.”
