Legendary investor just bought his first Bitcoin
Marc Faber believes Bitcoin could become an effective global currency
A Swiss investor who predicted the 1987 stock market crash and the Great Recession just bought his first Bitcoin.
Marc Faber, a former crypto skeptic, told that he now finds the price of BTC attractive after its fall from nearly $20,000.
He believes Bitcoin could become an effective global currency, but warns people should only invest what they can afford to lose.
“I bought Bitcoin for the first time 10 days ago. It’s not certain, but possible, that Bitcoin will be the standard for money transfers.”