Suze Orman Surprisingly Endorses Bitcoin, Urges Investors to Buy

In a surprising shift, renowned personal finance expert Suze Orman has endorsed Bitcoin, telling investors they "should absolutely have exposure" to the cryptocurrency. Orman, known for her conservative financial advice, has spent decades urging Americans to build wealth through traditional means like discipline and long-term security.

However, Orman now sees potential in Bitcoin, not because of its fundamentals or the blockchain technology, but because of the "cultural energy" and fascination surrounding it, especially among younger generations. "As younger people make more money and mature, [bitcoin] will be one of their investments of choice, and that will cause it to go up," she said.

Orman is quick to caution that investors should only put in what they're willing to lose, as she acknowledges she could be wrong about Bitcoin's prospects. This aligns with the advice of other prominent figures like Mark Cuban, who have suggested treating crypto as a "Hail Mary" investment.

While Orman's endorsement stands in contrast to the vocal Bitcoin skepticism of figures like Warren Buffett and Charlie Munger, her belief in Bitcoin's potential upside driven by younger investors' interest could signal a shift in the broader financial landscape.