CNBC presenter Jim Cramer presents the camp of the so-called "bitcoin bulls". During a conversation with Morgan Creek co-founder Anthony Pompliano, the journalist stated that he made "a ton of money" on the rise of BTC.
Cramer thanked Pompliano for persuading him to invest in bitcoin. In total, the CNBC TV presenter invested $ 500,000 in cryptocurrency.
Cramer did not specify how much he earned but noted that since last year he has held the most "bullish" views on bitcoin among the hosts of CNBC.
The journalist said: "Plus, it all happened much faster than you said, but I'm very grateful. Do you know who else is grateful? My kids."
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Gold, on the other hand, disappointed Cramer. He said that for the past 30 years, precious metals have been considered the best asset.
Until now, the TV presenter kept 10% of his portfolio in gold. Now he intends to reduce this volume to 5%. The remaining 5% Kramer decided to send to Bitcoin.
Joe Kernen is among the rest of CNBC's broadcasters.
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Back in 2019, he admitted that he was attracted to BTC by the decentralization of the ecosystem. This is the main strength of cryptocurrency. To hack a network, you need to access every computer that mines bitcoins, which is not possible.