‘Crypto Is Dumber Than Crap’: Dave Ramsey Spits the Truth

Ah, David Lawrence Ramsey III, an American radio host and self-proclaimed financial guru, has weighed in on the cryptocurrency madness with a flourish of his signature wit and wisdom. The founder of Ramsey Solutions has come out swinging, declaring that crypto might just have a shot at legitimacy someday, but not today, my friends, not today.

Mr. Ramsey-who’s no stranger to ruffling feathers-was quick to point out that crypto is, in fact, a currency, albeit a digital one. But don’t be fooled into thinking he’s all in on Bitcoin or Ethereum. No, no, dear reader, Ramsey’s take on crypto is as mixed as a salad at a vegan potluck. He’s tossed crypto, gambling, commodities, and fiat currencies into the same pot, stirred them up, and served them with a side of skepticism.

Dave Ramsey: “Bitcoin is dumber than crap”

He’s washed, has clearly only done extremely limited research on $BTC and is hurting his audience with this advice

Hate to see it

– Discover Crypto (@DiscoverCrypto_) September 12, 2025

“Crypto is commodity and currency”

In a recent snippet from the @DiscoverCrypto_ X account, Ramsey made it clear that crypto is on his radar, but not for the reasons you might think. When asked by his co-host about his opinion on the digital dollar, Ramsey delivered a masterclass in skepticism. His message was simple: Crypto, while it’s technically a digital currency, is more like a glorified gambling chip than an investment strategy.

Ramsey wasn’t shy about slapping crypto with the same label he gives oil or gold: a commodity. He’s not exactly rushing to buy oil rigs or sell his house to invest in crypto. “It’s not gonna be a proven investment because it’s a commodity. Commodities are never a proven investment,” he said with a flourish. A well-researched man, indeed!

“Dumber than crap”

When the co-host prodded Ramsey about actually buying crypto, the man replied with the seriousness of a man who has seen too much in his years: “I don’t do much gambling.” Ramsey then went on to point out that, despite being a digital currency, crypto has yet to earn its stripes as a legitimate player in the world of finance. Unlike the yen or the Deutschmark (which is now part of the mighty euro), crypto’s track record is, as Ramsey put it, “shorter than a hamster’s attention span.”

But wait, there’s more! “Right now, it’s just all the cool kids doing stupid stuff,” he quipped. It’s as though investing in crypto is akin to putting your money in emus, those odd Australian birds that, while fascinating, are hardly the most sensible investment. Instead of investing in cattle, which was once considered a wise financial move, Ramsey’s critics claim crypto enthusiasts are all just trying to look cool. Spoiler alert: It’s not working. They’re losing money faster than you can say “blockchain.”

And then, in a final flourish, Ramsey dropped the mic with a statement that will forever echo in the halls of financial debate: “Crypto is dumber than crap.” Take that, digital currency enthusiasts! 🎤

Read More

2025-09-13 23:39