Warren Buffett Will See His Wealth Hyperinflate While Bitcoin Price Does 40-80x, Says Max Keiser

October 17, 2020 | By | Reply | 12 Readers More


Popular TV host and long-time Bitcoin proponent Max Keiser believes that futures traders suppress Bitcoin’s price at current levels. However, once the asset explodes to Keiser’s intermediate target at $28,000, BTC’s amount for sale will evaporate as governments and institutions will purchase directly from miners.

Keiser: Governments And Institutions Will Rush To Buy BTC

Keiser recently tweeted that “the (temporary) Bitcoin price suppression scheme is a godsend for poor people to stack sats *now* before retail liquidity dries up and the price vaults to gold-parity levels around $400,000.”

CryptoPotato reached out to the popular TV host to elaborate on his views regarding the price suppression and potential surge in value. Keiser asserted that “for the world’s poor, the current price and availability of BTC are a once in a species-existent opportunity to acquire…

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