According to Max Keizer, the popular RT presenter, who shows Keizer’s report, Warren Buffett’s Berkshire Hathaway investment in Bitcoin (BTC) is only a matter of time.

Recently, Buffett sold most of his positions in major banks and bought shares in Barrick Gold, a large gold mining company. For the Kaiser, this marks a turning point in Buffett’s investment strategy:

“This will be the start of a major shift to exit finance that has recently turned it into gold. After that, he or his replacement will soon switch to Bitcoin. ”

After years of crushing both gold and bitcoins, Keizer said, Buffett realized they were “assets to be used to preserve and protect” against a weakening US dollar. According to Keyser, people should not waste time trading in the foreign exchange market, which is tantamount to gambling.

“You can earn money in a month or two. But do you want to make money gambling for more than five, 10 or 15 years? […] The answer is no. ‘

The Emperor hype failed to offer Ether, the second-largest cryptocurrency, which has recently been criticized for claiming a premium offering.

“Still in beta, don’t even take action!” In the Emperor. Instead, people should focus on managing Bitcoin.

According to Keizer, one of the main causes of global inequality is the asymmetric way central banks distribute money in the central economy.

Keizer noted that this phenomenon became especially evident after the US Federal Reserve injected huge amounts of money into the economy to counter the fallout from the COVID-19 pandemic. Keizer noted that most of the money has been spent bailing out large companies, while end consumers see no benefit.

On the contrary, Keizer said, “Bitcoin goes directly from God to consumers.”

Source: CoinTelegraph