He added that bitcoin is too volatile to be used as a currency. “Imagine business owners trying to trade Facebook or Google stock… it’s ridiculous‘ he stressed.

Jim Cramer prefers gold to cryptocurrencies

CNBC show Mad Money host Jim Cramer offered some investment advice related to gold and cryptocurrencies on Monday. Cramer is a former hedge fund manager who co-founded, a financial news and literacy website.

He believes investors are turning away from…