High time to invest in Bitcoin BTC says Prudential Financial former CEO

George Ball, the former CEO of Prudential Financial was recently interviewed by Reuters. Ball was bullish on Bitcoin although he has been criticizing Bitcoin because of its use cases for quite some time.

This was a video interview where he was urging global investors to adopt a long term approach by investing in Bitcoin. Ball said, one of the main reasons to acquire Bitcoin is because it is not governed by a particular authority.

Over a few years, Bitcoin has managed to make an impact on the financial system. From accepted nowhere to accepted everywhere, Bitcoin BTC/USD has made remarkable progress.

Besides, Ball made comments on how the COVID-19 crisis is affecting the US Dollar, and investors are seeking a new safe haven. After being an opponent of BTC for a long time, Ball expects its price to skyrocket in the near term. 

In the interview, Ball explained why he turned into a Bitcoin proponent:

He further warned the investors to prepare for the inevitable circumstances saying:

Liquidity pump will end shortly

Sharing his concerns regarding the recent liquidity pump, Ball said:

Considering the journey of Bitcoin, it is no wonder why global investors are turning to bitcoin as a safe heaven. After investing a huge amount of his wealth in Bitcoin, Ball is keen to see Bitcoin breaking the 12k barrier.