According to one of the most prestigious investors and cryptocurrency investors, Michael Novogratz, it is almost irresponsible not to invest in bitcoin. At the same time, the film maker Max Keiser, said that Bitcoin is a reaction to Warren Buffett and his friends.
Warren Buffett Undermined
The billionaire and bitcoin bull Mike Novogratz said that every investor should have between 1% and 2% of their portfolios invested in Bitcoin. Moreover, during an interview with CNN, he said that it is “almost irresponsible,” not to do so. 
The hedge fund manager has also said that it is important to invest in cryptos not just because of the gains but also because these technologies will change the way in which we live. Blockchain technology has been growing everywhere around the world. Governments and enterprises have been investing in distributed ledger technology for various reasons, including the possibility to make businesses more efficient.
At the same time, Max Keiser said that Bitcoin exists because it is a reaction to Warren Buffett and his capitalist friends. In a report conducted by RT, he said:
“Bitcoin is a reaction to Warren Buffet and his crony capitalists and the bailouts in 2008. They don’t want to admit that, they don’t even want to address that, they don’t want even examine that, they don’t want to come down of their pedestal of crony capitalism and free money from central banks to address that. So they attack crypto as much as they can.”
It is important to remember that Warren Buffett has said that cryptocurrencies, and specifically bitcoin, are ‘rat poison squared.’ As we wrote some days ago at UseTheBitcoin, Warren Buffet is just trying to defend his investments.
Berkshire Hathaway, Buffett’s company, has been investing for several years in banks and other financial institutions We can mention Wells Fargo – the world’s second largest bank by market capitalization – Bank of America (which said that Bitcoin and cryptocurrencies are a trouble for it), American Express, U.S. Bancorp, Bank of New York Mellon, Goldman Sachs, and M&T Bank.
