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<p><strong>The inimitable Max Keiser has reignited the rumor. Qatar is reportedly about to invest 500 billion in bitcoin. Just that…</strong></p> 
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<p>This is not the first time rumors have swirled about Qatar. They date back to 2021 when the CEO of the Qatari sovereign wealth fund <a href="https://www.aljazeera.com/economy/2021/6/23/qatar-wealth-fund-chief-is-waiting-for-cryptocurrencies-to-mature" target="_blank" rel="noreferrer noopener">stated</a> that bitcoin needed <em>“to be a little more mature”</em> before his fund could consider investing in it.</p>
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<p>Then, in the summer of 2022, in line with the prevailing clichés, Mansoor Bin Ebrahim Al Mahmoud mistakenly said that his fund was <em>“not interested in cryptocurrencies per se”, but rather in “the underlying technology of blockchain”…</em></p> 
<p>Fortunately, today, hardly anyone argues that the “bLockCHain” can be used for anything other than bitcoin. It’s like believing in planes, but not so much in wings.</p> 
<p>Has the head of the Qatari sovereign wealth fund realized this? That’s what Max Keiser suggests when he says <em>“the rumors are thickening”…</em></p> 
<p><em>“Rumor has it that the Qatari sovereign wealth fund intends to buy 500 billion dollars’ worth of bitcoin,”</em> he tweeted.</p> 
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     <p lang="en" dir="ltr">I have 1 word for you $100,000 <a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw">#Bitcoin</a> God Candle fans . . . <br><br>QATAR <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f1f6-1f1e6.png" alt="🇶🇦" class="wp-smiley" style="height: 1em; max-height: 1em;"> <br><br>The rumors are getting very loud on this. <br><br>Their SWF rumored to looking to buy 1/2 trillion <a href="https://twitter.com/hashtag/BTC?src=hash&amp;ref_src=twsrc%5Etfw">#BTC</a> <a href="https://t.co/hm86KwtAj7">pic.twitter.com/hm86KwtAj7</a></p>— Max Keiser (@maxkeiser) <a href="https://twitter.com/maxkeiser/status/1731490328161505786?ref_src=twsrc%5Etfw">December 4, 2023</a>
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<p>The Salvadorian ambassador has probably gotten carried away, as he often does. Indeed, the most recent estimates place the Qatari fund’s value at just 475 billion dollars…</p> 
<p>But there’s no smoke without fire. The Emir of Qatar even <a href="https://www.cointribune.com/en/lemir-du-qatar-au-salvador-le-bitcoin-bientot-couronne-a-doha-2/" target="_blank" rel="noreferrer noopener">visited</a> El Salvador as recently as this past September…</p> 
<p>Did President Bukele convince His Highness Tamim bin Hamad Al Thani to embrace bitcoin?</p>

Max Keiser Expects Qatar to Buy $500 Billion Worth of Bitcoins

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