Journalist criticises Bitcoin as a 'sack of sand'

In a spirited exchange on "Piers Morgan Uncensored," Piers Morgan sharply critiqued Bitcoin, labeling its traders as overly hopeful and dismissing the cryptocurrency's basis as fundamentally unsound, comparing it to a "sack of sand."

This stark assessment contrasts with arguments for Bitcoin's growing acceptance and institutional support.

Morgan's viewpoint challenges the optimism surrounding digital currencies, suggesting a speculative bubble driven by uninformed investment rather than substantial value.

This debate highlights the polarised views on cryptocurrency's legitimacy and future in the financial landscape, underscoring the ongoing discourse over its stability and worth.