New signs have emerged of the old guard's enthusiasm for investments towards digital currencies, as the famous Swiss investor, 73-year-old Mark Faber, who until recently was skeptical of cryptography, bought his first bitcoin currency. < / p>
Faber revealed in his talk to the German finance website Cash, that he recently bought bitcoin for the first time, to learn more about cryptocurrencies,
It is worth noting that Marc Faber's usually pessimistic market view earned him the nickname Dr. Doom, and Faber, whose net worth was about $ 25 billion, predicted a famous meltdown in 1987, raising the monthly market report for Gloom, Boom, and Doom, and Faber exceeding his digital purchase to persuade his followers to buy as well,
Analysts consider such an event an important sign that healthy investors who place more confidence in coding than traditional markets are gradually asserting their influence on the old guard.
But Faber is not the only billionaire investor who is tied to the hostility of digital currencies, joined by Warren Buffett, 88, who is best known for his so-called bitcoin poison rat mice last year, which began with enthusiasm to buy cryptocurrencies, as he praised in His media statements in cryptocurrencies, despite admitting that he does not fully understand them as he said: It is very creative, knowing how to get limited supplies and making their production more difficult and more expensive, and this is explained to me by people smarter than me.
Buffett added that positive signs began to change positions toward Bitcoin, and cryptocurrencies in general, long ago, especially by investing $ 40 million from two US pension funds in the Morgan Creek Digital Crypto Fund.
Buffett notes that many believed the market had bottomed out, and at the same time, wealthy investors and institutional funds only realize Bitcoin's potential.
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