Max Keiser: First, we need to go back to the Genesis Block and understand that everything that has happened and will ever happen with Bitcoin came into existence at that instant and the world and our species were forever changed.
Max Keiser: No. PayPal, like all companies, came to the realization faster than others that Bitcoin is an existential threat to their business and to ignore it would mean going out of business.
Max Keiser: PayPal's attempt to restrain Bitcoin won't work because the competition at $SQ and elsewhere will force them to go Full Bitcoin or die.
Max Keiser: The role of payments comes after Bitcoin establishes itself as a SOV; a point Roger Ver, Craig Wright, and Calvin Ayre never understood and why their projects BSH and BSV are increasingly becoming worthless compared to BTC. At the moment, BTC is still establishing itself as a SOV. I've said many times that I think the transition that includes the MOE use case probably comes after BTC starts to push Gold out of the SOV picture around $100,000 per BTC. By the way, a warning to Gold Bugs bashing BTC. Look what happened to Peter Schiff.
Who do you think is best for Bitcoin: Biden or Trump? How do you expect the markets, gold, and Bitcoin to react to a Trump win? To a Biden win?
Max Keiser: A Biden win means a win for corruption and the Deep State so I would expect Bitcoin's price to bolt higher as people panic-buy unconfiscatable Bitcoin before Biden's socialist, jackbooted thugs start confiscating everything in a replay of 1938 Kristohlnacht.
With Trump, The U.S. has a chance at a more orderly tradition to Bitcoin so the price would move up more slowly.
Is understanding Bitcoin an ever-evolving process? You frequently talk of Bitcoin as a new type of increasingly self-aware entity of sorts.
Max Keiser: Bitcoin came into existence as a spontaneous life form that grew out of our global, collective consciousness as a defense mechanism to fight predatory central banks.
Max Keiser: Saifedean and "The Bitcoin Standard" took the industry up to a higher base-camp on our quest to conquer the Mt. Everest of money.
Bitcoin price will 'bolt higher' if Biden wins, rise slower with Trump
Published on Oct 24, 2020
by Cointele | Published on Coinage
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