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George Ball Predicts The Price of Bitcoin Will Explode in Early September

Amy Liu

Summary: George Ball, the former Prudential executive, discussed in a recent interview the potential safety of using and holding bitcoin and predicted that the asset’s price is about to explode after Labor Day of this year. He explains: “I’ve never said this before, but I’ve always been a blockchain, cryptocurrency and bitcoin opponent. However, if you look right now, the ...

George Ball, the former Prudential executive, discussed in a recent interview the potential safety of using and holding bitcoin and predicted that the asset’s price is about to explode after Labor Day of this year.

He explains: “I’ve never said this before, but I’ve always been a blockchain, cryptocurrency and bitcoin opponent. However, if you look right now, the government can’t stimulate the markets forever, so the very wealthy investor or the trader probably turns to bitcoin or something like it as a staple.”

Ball believes after Labor Day people are really going change up their investment portfolios and will begin buying all the bitcoin they can find. 

By Amy Liu

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