Major Crisis Coming: Global Whales Turn to Bitcoin

The COVID-19 pandemic has changed the world a lot. The lockdown affected most global industries, having caused one of the biggest crises for the past decades. However, world financial experts predict the situation can become even worse and lead to the complete death of the US dollar.

That is why some of the global whales seek for alternative means to store value. For instance, the famous Warren Buffet has withdrawn a big part of his savings from the world’s biggest banking institutions and forwarded them to buy gold. Another big name in finance, Robert Kiyosaki, has been leveraging bitcoin as the storage of value.

The famous Rich Dad Poor Dad author anticipates there is going to be a major crisis that might lead to the collapse of the entire banking system and complete devaluation of the USD. So those wishing to preserve their wealth must turn to alternative means including digital currency and precious metals.

Read more: https://coinidol.com/major-crisis-coming/