Billionaire Warns US Dollar Will Become Worthless Like Confederate Currency
A billionaire who has made significant bets against Warren Buffett's investment strategy is warning that the US dollar will become worthless, comparing it to the Confederate dollar.
According to this investor, retailers will eventually stop accepting cash altogether and shift exclusively to Bitcoin. Those holding greenbacks will be left with nothing but valueless paper.
The investor believes that when the rush to convert dollars for Bitcoin begins, only those who move first will survive this 'total financial transformation'. The era of the dollar is ending, and Bitcoin is seen as the only exit.