Bitcoin Described as “Our Era’s Tulip Bulb” and Dismissed as “Worthless” by Michael Burry in The Big Short Podcast

COINOTAG News, citing Business Insider, notes that veteran investor Michael Burry—famed for predicting the 2008 crisis and featured in The Big Short—described Bitcoin as “our era’s tulip bulb” during a Tuesday podcast hosted by Michael Lewis. The comparison highlights classic market mania dynamics in crypto.

During the discussion, Burry stated, “I think the most absurd thing I’ve ever heard is bitcoin hitting $100,000.” He characterized Bitcoin as “worthless” in his assessment, signaling a skeptical stance on its role as a store of value amid volatility.

Further, he told Lewis that Bitcoin is “worse than tulip bulbs” because the asset has been linked to illicit activity and enforcement concerns. The remarks arrive as regulators intensify scrutiny, underscoring the need for risk-aware positioning in cryptocurrency portfolios.