What Happened to $220K Bitcoin? Max Keiser And Daniela Cambone Have A Heating Discussion Over The Crypto Collapse

Stansberry Research, Released on 12/9/22

“Sam Bankman-Fried ran out of runway, it’s similar to Bernie Madoff and also the 2008 financial crisis,” says Max Keiser of the Keiser Report, founder of Bitcoin Capital and Heisenberg Capital. “The regulators really have some answers that need to be filled in, this was the culmination of a multidecade nightmare,” he tells Daniela Cambone in this edition of Powershift: Outlook 2023. “Regulators are clearly implicated, and the U.S. is a kleptocracy at this point,” Keiser continues. He touts the garnered strength El Salvador has attained over the past year, arguing “the U.S. is on its way down, and El Salvador is on it’s way up.” Keiser claims there has been no damage done to the bitcoin network in the wake of the FTX crisis… “It never touched the network, the hash rate has never been higher.” “The axis of power, the pendulum of power is swinging away from the U.S. dollar and fiat currencies, it’s a new century,” he concludes.

Max Keiser is a former stockbroker and an American broadcaster and film-maker. He hosts Keiser Report, a financial program broadcast on RT. Keiser invented “Virtual Specialist Technology,” a software system used by the Hollywood Stock Exchange. Prior to inventing this technology, he worked on Wall Street where he began working after graduating from NYU. With the help of Keiser’s co-host, Stacy Herbert, and guests from around the world, Keiser Report tells you what is really going on in the global economy.

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Igby MacDavitt

Max Keiser, what can anyone say? Perfect money that is 3rd party dependant on electricity and carries counter-party (state) risk via internet access, while being extremely volatile and unusable for predictable trades, Do. your homework? Bitcoin is a technology like the design of a wheel. Great idea, but so what unless it carries a usage, imo.

Someone please explain why Bitcoin is special?

Igby MacDavitt

Confiscation is without compensation. FDR and the US government offered compensation, no? If so, it wasn’t confiscation.

Igby MacDavitt

When BTC starts at a FRACTION OF A PENNY, any movement other than to zero, over any time frame from its starting point, is UP. MK is grasping, me thinks.

Anonymous

Kaiser got rolled… never heard him stutter before

Tom Cat

Kaiser got rolled… never heard him stutter before