Brian Kelly, Founder & CEO of BKCM, joins ‘Fast Money’ to talk the state of the crypto industry.

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    1. The government and CB's will need to take action soon on crypto. This novel technology offers no real value to society but due to intense promotion by many commercial interests (such as the guest), there's millions of people willing to speculate that non-fiat crypto will find a "use case" at some point. The larger the crypto ecosystem becomes, the greater the threat to the financial system it represents. So far, the problem has been small, since only about 1-2% of non-real estate investments are in crypto. This explains why the SEC, CB's and other regulatory entities have not been overly concerned, That is changing thanks to the recent ETF-inspired crypto rally. When the House of Cards collapses, the impact will be substantial and widespread. The sooner action is taken, the less the impact and the government knows it.

    2. $1 million per BTC is actually very low. It will probobly hit $6-$12 million per by 2028..no joke….If you follow economist hedge fund expert Peter Dunsworth, he thinks it could be worth billions by 2032

    3. I was just watching Milei winning in Argentina, and people using bitcoin both directly for purchases as well as savings. Same in El Salvador (where bitcoin is legal tender), Central African Republic, Nigeria, bunch of others- including right here in the USA. Then I come here, where both ignorant uninformed bobble head lady and Brian Kelly act like they don't know any of this. So ignorant, or lying? Take your pick.

    4. No matter how times CNBC has Munger and Buffet on their show extolling their investment theories, none of these CNBC contributors invests like them. They are all short term traders w/ a short term mentality. Notwithstanding that all the BTC adoption metrics are up and to the right and the price has gone from .0001 to $37k in the last 14yrs, national governments have not abandoned their currencies for BTC, therefore BTC is a failure. These BTC roundtables on CNBC w/ all these snotty, ignorant CNBC clowns is thoroughly nauseating.

    5. This is still a good time to buy bitcoin right? I feel like it's too late for me to buy bitcoin or enter the entire crypto space at this point. I find it to be far too complex to comprehend. Feels like I'm always doing something wrong. Lost about $93k within a few months buying and trading myself since i subscribed to a trading channel.

    6. The recent CPI data release, showing a subtle shift in inflation expectations, underscores the interconnectedness of economic indicators and market performance. For investors, this is a reminder of the importance of staying informed and agile, particularly in how inflation trends can impact both traditional and crypto markets. In the realm of cryptocurrency, these economic shifts open doors for strategic trading and portfolio diversification, offering a chance to leverage market volatility for potential gains. It's a compelling time for investors to consider the dynamic nature of financial markets and the unique opportunities presented by cryptocurrencies in response to global economic trends. I've personally benefited from following Kerrie Farrell’s trading tactics, amassing 21 bitcoins in a short two-month period, which speaks volumes about her expertise.

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