It’s 100% Guaranteed! Bitcoin Will Be Worth Millions of Dollars When This Happens – Max Keiser

It’s 100% Guaranteed! Bitcoin Will Be Worth Millions of Dollars When This Happens – Max Keiser

so how big is the global market it’s
like $400 trillion well what if Bitcoin
gets 1% of that market well then it’s a
million2 million $3 million I say I’ve
always said that Bitcoin has no top
because Fiat money has no
bottom I think a few couple things we’re
going to see happening number one people
will no longer accept Fiat money for
Bitcoin so you’re going to try to buy
Bitcoin with your Fiat money and no one
will take your Fiat money no one will
take dollars at all so that will be a
moment of panic they’ll be like what
it’s like no here’s a million dollars
here’s $10 million I want one Bitcoin
like no no no way I mean go we don’t
want that it’s worthless popular
American broadcaster filmmaker and host
of the Kaiser report Max Kaiser is a
Bitcoin OG one of the few privileged
investors who bought Bitcoin in its
early days Mac started accumulating in
2011 when Bitcoin was trading for around
$1 per coin Max worked as a part-time
stock broker in the 1980s an experience
he says helped him instantly recognize
the immense opportunity Bitcoin presents
Max recently sat for an interview with
blockware in El Salvador where he and
his wife Stacy Herbert are helping
president Naim buali achieve his aims
for the Central American country through
Bitcoin during the discussion Max makes
a massive $10 million prediction for bit
Bitcoin stating that this would be the
outcome of the great Fiat Ponzi scheme
the renowned Bitcoin Maxi foresees a
time when as a result of unchecked
government spending and excessive money
printing the dollar and by extension
every other fiat currency backed by
nothing will be worthless Mac says when
that time comes the world will turn to
bitcoin because it is the world’s
hardest money and the only reasonable
alternative to the current monetary
system during the interview Max also
discusses the impact of Bitcoin ET fs
and the incursion of Big Wall Street
players like Black Rock and its
controversial CEO Larry fin into the
cryptocurrency space Max has been quite
vocal about his opposition to spot
Bitcoin ETFs though he admits they have
a few advantages for Bitcoin he believes
the risks outweigh the advantages
especially for investors as we bring you
clips from Max Kaiser’s interview please
take a little time to like this video
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this thank thanks and enjoy the video
first of all look at Bitcoin in other
currencies other than the US dollar so
in Argentina and these other countries
it’s screaming to new all-time highs and
making almost vertical up moves and half
more than half the world’s population
lives in countries where the currency is
collapsing already the US dollar is the
cleanest shirt in the laundry you know
it’s the leper with the most fingers I
Used to Say More Often until people told
me that that was no longer politically
correct to say that nevertheless um
against all these other currencies
Bitcoin is already screaming to new
highs against all Fiat
money the the the use case for Bitcoin
is um and I mean this could get into the
broader argument of getting back to the
history of Bitcoin and this is the epoch
because remember during the earlier
epochs there was this idea that Bitcoin
needed to handle more transactions it
needed to be faster it’s it’s a medium
of exchange and this is what Satoshi
wanted and then that’s an interesting
sidebar that I have lot just to say
about as well but uh so against all
these Fiat money it’s
already um increasing its purchasing
power against all this Fiat money quite
qu quite
aggressively and so anybody who would
want to protect their purchasing power
of having an asset that is going to
allow them to go into the future with
their purchasing power intact and even
enhanced there’s no better answer than
Bitcoin nothing comes close to bitcoin
to maintaining purchasing power and
increasing purchasing power into the
future
nothing comes close I mean gold is kind
of the nearest cousin to Bitcoin in the
in the physical world and it it’s uh
it’s it will continue to outperform Gold
very dramatically it’s outperforming
property I think part of the reason the
property Market is collapsing is because
people are moving money into Bitcoin uh
the ETF market and the attraction of
Wall Street obviously is adding another
huge pool of capital into Bitcoin it is
decentralized people say well the ETFs
make Bitcoin less decentralized that’s
completely false uh we can get into that
but that’s that’s nothing that has
nothing to do with the centralization or
decentralization of Bitcoin because the
decentralization aspect of the protocol
speaks to the underlying consensus
mechanism that pre that’s proof of work
and not proof of stake so it doesn’t
matter if Larry Frink has 300,000
Bitcoin he cannot change the protocol he
has no influence over the Protocol no
more influence over the protocol than
this person with five Satoshi so there’s
incredible de Democratic appeal right
there it’s a meritocratic appeal so the
and the decentralization of Bitcoin
keeps getting more decentralized because
you get more nodes I mean I will say
this about the ETFs it is an attempting
Honeypot if the state wanted to
confiscate Bitcoin they would go after
coinbase that’s the custodian for all
these ETFs and they would potentially
Commander or seize Bitcoin as they’ve
done in the past with gold I mean I
think that’s a legitimate risk I think
people who are not self custody their
coin or taking an unnecessary risk with
their Bitcoin but um never nevertheless
um I would say that’s a risk but in
terms of the overall decentralization of
the protocol it has no impact because
it’s proof of work not proof of stake so
the the people who are successful money
managers are always reducing risk to get
that rate of return and so
institutionally they have tools for them
to eliminate their risk so Larry fank
has a lot of Bitcoin in his ETF he also
has a lot of Hedges on to protect
himself on any downside and those hedges
for him are relatively cheap to to being
free whereas the retail investor can’t
afford those types of Hedges they can’t
they don’t they can’t manage those types
of Hedges so they’re just taking that
risk
face fa right in their face and and so
um it’s an asymmetric relationship
between Larry fank and everybody else
number one number two as you point out
rightfully so it’s a proxy it’s not
actual Bitcoin so if you think you’re
buying Bitcoin when you buy an ETF you
are not when you when you think you’re
you’re have Bitcoin on an exchange you
know it’s risky um there’s only one way
forward and that would be self- custody
despite these numerous advantages which
more than anything show Max’s deep
distrust for Wall Street he also
recognizes the advantages of the spot
Bitcoin ETFs according to the Bitcoin OG
maximalist one of those advantages is
that the ETFs have shown a spotlight on
bitcoin’s ability to demonetize Fe
currencies and gold shortly after the
ETFs were launched in January so much
money exited gold ETFs that popular gold
bugs like Peter Schiff had weeks of
complete meltdown on Twitter the success
of the spot Bitcoin ETFs has also
increased people’s confidence and
conviction in Bitcoin and the bull
market since the launch in January we’ve
seen Bitcoin prices go from just a
little over $40,000 to an all-time high
of over
$73,000 per coin according to Max this
is not just the Wall Street effect on
bitcoin but also the impact of Bitcoin
on Wall Street Bitcoin has touched Wall
Street and investors know they have to
get aboard if they don’t want to miss
the huge opportunity that has been
presented as people like Bloomberg’s
Eric balchunas have posited these new
crops of investors know they have to be
a part of this not because they are 100%
convinced of price gains but because
they don’t want to miss it even if there
is only a 1% chance that prices blow
through the roof let’s get back to Max’s
interview as he speaks further about
Bitcoin the US dollar and the impending
collapse of the Global Financial system
I say I’ve always said that Bitcoin has
no top because Fiat money has no bottom
right there’s no there’s no U backing
for Fiat money it’s just paper and I
think a few couple things we’re going to
see happening number one people will no
longer accept Fiat money for Bitcoin so
you’re going to try to buy Bitcoin with
your Fiat money and no one will take
your Fiat money no one will take dollars
at all so that will be a moment of panic
they’ll be like oh what that’s like no
here’s a million dollar here’s $10
million I want one Bitcoin like no no no
way Amigo we don’t want that it’s
worthless right so that’s going to be
Panic then people are going to have to
trade in other stuff for Bitcoin like
gold their house right and then people
are going to be
panicked and um they should be panicked
because
the world we live in now is a fake world
that’s been
created with the Hologram of Fiat money
and in that hologram of Fiat money many
weird things are going on Traditional
Values that held Society together for
thousands of years are being tossed out
the window basic idea that like a moral
value or an ethical value like
mathematical certainty you know 2 + 2
equal 4
uh these types of things are being
challenged like like in the cultural
revolution of Mao or during the
totalitarianism of Stalin it’s it’s so
1984 Brave New World esque and it’s like
the people who again proof of of stake
or Fiat money breeds a kakistocracy that
would be the rule of the worst amongst
us and because they can print more money
to pass new laws to make it easier for
them to print more money so you it just
becomes um a collectivist Socialist
Communist fascist totalitarian nightmare
all those things are all basically the
same yeah and it’s centralization it’s
hyper
centralization it’s it it happens it’s
happening now and unlike at any period
in history before though there’s going
to be a cohort of folks who own Bitcoin
and those people are going to move to
Els Salvador where Bitcoin is legal
tender so there’ll be a mad rush like
those images of people panic leaving
Saigon at the end of the Vietnam War and
trying to scramble on the last
helicopter that’s going to be a JFK
people trying to scramble onto the last
flight to San Salvador to escape the
hell of the Fiat money apocalypse the
risk of buying Bitcoin today is less
than it’s ever been so it’s less risky
to buy Bitcoin at 65 70,000 than it was
to buy it at $5 you’re taking less risk
because the market is more St lished is
deeper there’s more players and the use
case and everything is more developed so
the risk reward ratio has never been
better so you’re you’re making a risk
off investment it’s not a risk on
investment it’s a risk off
investment uh and and number two is
that you you have no choice because the
fiia money world and everything that’s
not Bitcoin is going to zero against
Bitcoin so if you’re not in Bitcoin with
whatever it is you’re in is going to
zero against
Bitcoin if you buy Bitcoin today in 5
years time your purchasing power against
everything else be money gold property
will be considerably better so just look
five years down the road and um do you
want your purchasing power to be
mathematically guaranteed to be higher
or do you want your purchasing power to
mathematically be lower as it would be
the case with Fiat money and anything
else that’s not Bitcoin on Friday the
Japanese Yen fell to its weakest level
against the US dollar since 1990 a
situation many bitcoiners have warned
will gradually spread through all other
major currencies including the US dollar
in the coming years the Yen has already
lost almost 11% of its value versus the
USD in 2024 making it the worst
performer among the G10 currencies the
Yen’s depreciation is further worsened
by the significant gap between the
interest rates in the US
which are at their highest point in
decades and those in Japan where
borrowing costs remain stubbornly low
near zero investors are looking to the
bank of Japan to intervene however
experts warn that with a debt to GDP
ratio of over
260% all interventions will only stall
the inevitable crisis according to data
from Wikipedia the Japanese public debt
was estimated at approximately $9.2
trillion as of March 2023 or 200 63% of
GDP the highest of any developed Nation
the US is already about halfway to this
point and it is only a matter of time
before the same is being said of our
national debt and the dollar what are
your thoughts on Max Kaiser’s interview
and his $10 million prediction for
Bitcoin please drop your replies
comments and observations in the comment
section below also ensure you like this
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Credit: Blockware
Max Keiser: $3,000,000 BITCOIN Prediction (It’s Still Early)

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