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This is part 1 of 2 of the interview
Over the last 300 years, most major global fiat money have diminished considerably, if not shed all its value, and financiers should not wager versus this pattern said Max Keiser, host of The Keiser Record and co-host of The Orange Pill Podcast.
" I think over the next ten years, as you see these major economic situations like the united state and China, who are carrying financial obligation loads at 300% of GDP, and also they're going to just publish their escape of this, we're talking about a fiat cash armageddon," Keiser informed Michelle Makori, editor-in-chief of Kitco Information.
0:00 – El Salvador Volcano bonds
9:51 – Bitcoin vs fiat currencies
17:27 – Bitcoin usage in El Salvador
25:00 – The next nation to make BTC legal tender
#Bitcoin #MaxKeiser #ElSalvador
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U.S. dollar ‘apocalypse’ coming in 10 years, more countries will make Bitcoin legal tender - Pt. 1/2
This is part 1 of 2 of the interview
Over the last 300 years, most major global fiat currencies have depreciated substantially, if not lost all its value, and investors should not bet against this trend said Max Keiser, host of The Keiser Report and co-host of The Orange Pill Podcast.
“I think over the next 10 years, as you see these major economies like the U.S. and China, who are carrying debt loads at 300% of GDP, and they’re going to just print their way out of this, we’re talking about a fiat money apocalypse,” Keiser told Michelle Makori, editor-in-chief of Kitco News.
0:00 - El Salvador Volcano bonds
9:51 - Bitcoin vs fiat currencies
17:27 - Bitcoin usage in El Salvador
25:00 - The next country to make BTC legal tender
#Bitcoin #MaxKeiser #ElSalvador
__________________________________________________________________
Kitco News is the world’s #1 source of metals market information. Our videos feature interviews with prominent industry figures to bring you market-affecting insights, with the goal of helping people make informed investment decisions.
Subscribe to our channel to stay up to date on the latest insights moving the metals markets.
For more breaking news, visit http://www.kitco.com/
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Disclaimer: Videos are not trading advice and the views expressed may not reflect those of Kitco Metals Inc.