'As Dumb As Beanie Babies' – Dave Ramsey Said Crypto Is 'Cool Kids Doing Stupid Stuff,' Will Never Be a 'Proven Investment'

Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Personal finance expert Dave Ramsey has long cautioned his followers about the dangers of investing in cryptocurrencies. On "The Ramsey Show," Ramsey advised a caller to sell their crypto holdings and focus on paying off debt, calling digital coins "stupid." "It’s just all the cool kids doing stupid stuff," Ramsey said. "It’s as dumb as Beanie Babies, I mean, people are buying Beanie Babies and I’ve had p ...