“BlackRock Will Send Bitcoin To 400000 Get Ready”-Max Keiser Bitcoin

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But with the Bitcoin price because it’s this new asset class that ultimately competes with gold that means it’s going to go from just under a trillion doll market cap the 10 trillion doll market cap you’re talking about an asset that’s at 40,000 could easily go to 400,000 in a relatively short period of

Time so you don’t want to be the guy in the cartel who short Bitcoin when it’s about to make a 10x move so it’s very difficult to maintain that cartel in a Bitcoin scenario because it’s got that huge upside potential yet and it also because it’s redefining money as we know

It and so it’s going to attract by the nature of this new digital synthetic commodity buyers um are going to essentially rule price Discovery it’s going to be very difficult to keep a a a a sell order in this mix where you’ve got this upper trajectory of a new asset

Class where the total addressable market for Bitcoin is literally $400 trillion which is the total market cap of all investable Securities stocks bonds property all derivatives all all these things taken in in aggregate is at $400 trillion do so and that is potentially the total Market addressable market for

Bitcoin it can dis it can demonetize I think it’s already demonetizing gold just like gold demonetized silver right used to be on a b Metal Standard now we’re on a gold standard silver got demonetized Bitcoin is now demonetizing gold it’ll demonetize the property Market it’ll demonetize the bond market

The bond Market’s a$ 200 trillion Doll Market bitcoin’s not even at a one trillion that’s a 200x right there so to get back to the price suppression of course there will be a lot of price Discovery games being played with a lot of derivatives But ultimately unlike

Gold Bitcoin is poised for a potential 10-fold surge with its price anticipated to surpass $400,000 per coin according to the latest insights shared by Max ker in his recent interview ker delved into bitcoin’s Dynamics as an asset class and its perception by Wall Street he shed light on manipulative practices in the

Gold market where price suppression via derivatives trading is prevalent however ker stressed that while Bitcoin may be susceptible to short-term manipulation burgeoning demand particularly from institutional investors like Black Rock will ultim Drive its price significantly higher ker concludes by discussing how black Rock’s entry into Bitcoin is a GameChanger highlighting its Unstoppable

Momentum with the gold cartel you need participation of everyone in the cartel to keep the price suppressed because they all get to make a little money doing that there is a natural buyer of gold gold always has a buyer central banks are always in the gold market so

You know pretty much that the demand for gold is pretty much omnipresent there’s always some demand for gold if you can go into the market and manipulate prices using derivatives contracts which in this case would mean counterfeiting sale orders to drop the price the price Discovery mechanism by counterfeiting

And really and putting counterfeit sell orders into the market which drives the price down you have the ability then to just sit back wait for the natural demand to come in which there always is demand for gold and then ride it on the way up again and this CAW back and forth

Is how the gold cartel is able to book you know one or two% of a week trading gold but if you leverage that you know you’re talking you’re making 30 or 40% a year but really with no risk at all and the way that the cartel sustains itself

Is that everybody in the cartel knows that the possible risk to them would be a sudden price spike in the price of gold like it went from two to 20,000 in a day if that were a possibility then you would be very difficult to maintain a

Gold Cel because that risk would be very tempting for somebody to break the cartel and take advantage of that risk you see that in OPEC all the times the op cartel it’s it’s hard to keep it going because there’s always one player who breaks it and wants to just make an

Outsized gain against the cartel and then they can say let’s go to war they go no let’s bring the cartel back don’t be such an idiot and that’s been going on really for 50 years I it’ll have this natural upward bias the second thing is that gold is is very difficult and

Nobody really wants to stand for delivery of gold so when you’re in the gold business you know it’s all paper settled and it’s all cash settled and people rarely would say you know I’ve got um you know a ton of of gold in the market I’m bidding for I’m going to take

Delivery of it I’m not going to the gold you’ve got to ship it you’ve got to insure it you’ve got to store it right moving gold around is very difficult shipping it and storing it with Bitcoin because you don’t have any of that cost whatsoever and you control the private

Key any laded manipulative price Discovery edifice can be quickly destroyed by pulling your private key because it’s the base level of any manipulative scheme any Ponzi scheme would have if it you can pull it you know the whole thing collapses so that’s a unique attribute of Bitcoin which gold

Has uh doesn’t no nowhere comes close with that ability either because it’s you can move a billion dollars 20 billion dollars in Bitcoin uh in one you know in a in a transaction one transaction that’s completely frictionless it’s Costless it might cost five bucks to move a billion dollars uh

So these things work in its favor against a manipulative cartel emerging to keep the price from realizing its natural bias toward demonetizing every financial asset in the world due to its superiority in every way I think that that delivery thing is the most important to the fact that um prices on

Gold could be manipulated because nobody very few people it’s only central banks and even then they don’t like to take delivery of gold because it’s very expensive to transport in in Mass if it’s 1 ounce okay that’s okay but to take delivery of a ton you also saw this

For example during the co lockdown with oil oil is very difficult as well to take delivery of well that’s why oil prices went negative in the US because there was an ETF sort of product on a Futures Contract of oil and it it got to

The point in you know the pricing of of oil where the the expir the expiration of the contract contct they had to roll it over and in order to do it like basically they had to take delivery of oil and nobody had the ability to take

Delivery of oil at that moment so it it the price went negative because of that so that showed the scheme if you can’t take delivery of the item it all blows away well with Bitcoin it’s very easy to take delivery of no matter how much if

It was like 10 billion dollars worth you could take delivery just as easily as if it’s $10 worth yeah I remember when I was working on Wall Street there would always be these stories about that that you’d see in the Wall Street Journal that some Farmer in the midwest you know

Didn’t roll over a Futures Contract and was forced to take delivery of 50,000 tons of wheat or something it just showed up you know like you own it you know they ship it you know it’s like oh man I messed up that order but that’s not the case with uh with with Bitcoin

For the reasons that we’ve just discussed so um I would say the short answer again is No well the black rock is a useful idiot right because um they’ve got a lot of money and they’re going to buy a lot of Bitcoin and so for 12 years we have front run

Black Rock This is the really the first time again another first in history where the the average person got in there a decade before Wall Street did right when we doing Kaiser report Bitcoin was a dollar we talked about it as a new asset class we said that it had

The potential to go to $100,000 a lot of people we know bought you know a th000 Bitcoin 2,000 Bitcoin for for you know um a couple thousand bucks right they’re sitting on 40 50 $60 million so and they’re very appreciative they let us they send us thank you notes

All the time so I would say you have to come to El Salvador because everybody has to come to El Salvador if you’re a bitcoiner or not because even if you’re just red pilled and not orange pilled El Salvador is definitely a place you have to come see for The Liberation and the

Economic Liberty alone uh in El Salvador from April the first week of April we have the Bitcoin having party and many many many people from around the world are coming to that but El Salvador also has a new thing where just a tourist visa you arrive and it’s $12 some

Countries are different prices but for most is $12 you arrive pay the $12 and you can stay for six months on a tourist visa so you stay you come for the having party and you stay for the adopting Bitcoin Conference in October so I think

You get it all in one go and maybe it’s early November that the adopting Bitcoin event will be but it’s definitely the beginning of a super dry season really a cool time to be here um and this is a good year to be here because also president Melly will be inaugurated June

1 so you’ll be here for a real huge party for his Landslide Victory and uh the second term beginning I think everybody’s in a good mood everybody’s happy and it’s cheap and it’s it’s also the home of economic Liberty I normally ask people to uh end up on a

Message of Hope as my last question but I don’t think I need to ask you guys to do that because we’ve done this throughout this episode I think the very essence of this episode is Hope because it shows that there is an alternative both geographically and monetary and

So I think so I think you know El Salvador is winning and it’s winning those people like the people who we want here are naturally coming here because they’re the ones who are redpilled they’re the ones who are orange pilled they see the emerging totalitarianism in

The dark ages of Fiat in their own countries and they want to go to the light and they want to go to the liberty and that’s here so we’re already attracting the people that want that so by attracting people who want that we you know we compound that here yes yeah

I mean it’s a great feeling because usually in periods of global economic decline the question always comes up well where do you go it’s the same everywhere you know and people when they say this to me I say actually that’s not true be there is a country that is

Showing the light showing the path forward where there’s a lot of Hope and the the people here I mean that’s really the most outstanding quality of this country is that the salador people are really just just outwardly gregarious friendly open hardworking fun people you know they’re

Just fun and they are so appreciative of this chance they’ve been given by President Melly in eliminating the gangs and they are really almost dancing in the streets if you go down and you see the scenes in front of the library in the historic Center at night at 2: in

The morning 3: in the morning they’re waiting in line for an hour to get into the Library they’re got music on the streets they’re literally dancing it’s like victory in Europe day after World War II this is a really a fantastic feeling and the the best way to enjoy it

Is to come here