Max Kaiser: Qatar May Invest Part of its Reserves in Bitcoin

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In 2020, well-known TV host Max Kaiser predicted that Bitcoin would experience growth if major capital entered the world of cryptocurrency.

Recently, Kaiser tweeted about the possibility of Qatar entering the BTC market. If this were to happen, the Qatar Sovereign Wealth Fund could potentially invest up to $500 billion in cryptocurrency, driving the BTC price up to $150,000.

Kaiser believes that this would lead to significant changes in the blockchain industry.

He also speculates that other financial giants such as Blackrock, Fidelity, Ameritrade, Bakkt, and JP Morgan may also consider investing in digital currency as a way to protect against inflation.