Tag: el salvador bitcoin

Bitcoin could go to zero: Crypto billionaire

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Post date May 14, 2022

Bitcoin Foundation chairman Brock Pierce divulges if he's still buying bitcoin throughout the market sell-off on 'The Claman Countdown.' #FOXBusiness #TheClamanCountdown

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Kitco News

Keiser: Ethereum is ‘pyramid scheme’, scam DeFi will blow up, only Bitcoin will be left – Pt. (2/2)

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Post date January 27, 2022

Watch component 1 of the meeting:

Altcoins, and also Ethereum specifically, are "simply outright rip-offs" and also will must ultimately cease to exist, said Max Keiser, host of the Keiser Report and also co-hot of The Orange Pill Podcast.

Talking With Michelle Makori, editor-in-chief of Kitco Information, Keiser kept in mind that altcoins, or anything aside from Bitcoin, are not lasting by nature, neither do they have the qualities that Bitcoin does that makes it audio money: shortage, anti-fragility, decentralization, as well as the capacity to not be "pumped and also dumped" through a pre-mine.

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0:00 – Bitcoin's power usage
6:28 – Bitcoin's greatest existential threat
9:48 – Bitcoin's innovation
16:30 – DeFi vs Bitcoin
20:00 – Crypto laws
26:00 – Bitcoin ETF
29:36 – Gold

#Bitcoin #MaxKeiser #Ethereum
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Kitco News

U.S. dollar ‘apocalypse’ coming in 10 years, more countries will make Bitcoin legal tender – Pt. 1/2

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Post date January 26, 2022

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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Kitco News

Fed announced taper timeline, here’s why market ‘tantrum’ didn’t hit yet – Steve Hanke

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Post date December 21, 2021

Fed Chair Jerome Powell announced on Friday at the Jackson Hole Symposium that the U.S. central bank will certainly consider tapering by the end of the year because the economic climate gets on track to meet full employment and also struck the Fed's rising cost of living targets.

Hanke kept in mind that in the past, rate of interest have gone up prior to a decrease in property acquisitions, or tapering, takes place, but this moment the Fed is doing the reverse; they are introducing strategies to taper prior to a making lift-off commitments, which need a lot more strict financial conditions, according to Powell's speech.

" [Powell] believes by changing the rule that we won't have a temper tantrum like we did in 2017. We will certainly have an outburst, since once they stop reducing the annual report and slowing down the cash supply, I assume the marketplaces are mosting likely to be off balance entirely," Hanke informed David Lin, support for Kitco Information.

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0:00 – Monetary plan, inflation
17:05 – Cryptos regulated in Cuba
24:50 – Gold belief index

#Fed #economics #inflation
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Fox News

El Salvador makes bitcoin a legal currency

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Post date June 25, 2021

Bitcoin Structure Chairman Brock Pierce reviews his trips to El Salvador to aid guide and notify the nation on making bitcoin a lawful tender. #FoxBusiness

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Kitco News

Legalizing Bitcoin will ‘completely collapse El Salvador’s economy’ – Steve Hanke (Pt. 1/2)

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Post date June 16, 2021

This is component 1 of 2 of the full interview

Steve Hanke, professor of Applied Economics at Johns Hopkins University () talked about the functionality of in fact making use of Bitcoin as legal tender in a nation like El Salvador with David Lin, support for Kitco Information ()

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0:00 – Why Bitcoin will break down El Salvador's economy
4:37– Sending Bitcoin
7:06– Will various other countries legalize Bitcoin?
8:20– Bitcoin's fundamental worth

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Kitco News is the world's # 1 resource of metals market information. Our video clips include meetings with popular market numbers to bring you market-affecting insights, with the objective helpful people make notified financial investment decisions.

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Kitco News

Bitcoin price to soar to $160k as FOMO drives EM adoption, Musk’s influence wanes – Alex Mashinsky

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Post date June 15, 2021

This is component 1 of 2 of the full meeting.

Alex Mashinsky, Chief Executive Officer of Celsius Network, is updating his Bitcoin cost target.

" We may reach completely to $160,000 this year. I'm adhering to that prediction," Mashinsky informed Michelle Makori, editor-in-chief of Kitco News ()

El Salvador made history by being the initial country worldwide to embrace Bitcoin as legal tender, as well as other countries are bound to comply with, Mashinsky claimed.

" So if we can get a Brazil, if we can obtain a Nigeria, if we can obtain nations with big populaces to approve this as lawful tender … you're visiting a significant surge in the price because just the adoption of all those customers is mosting likely to produce significant new need," he claimed.

Follow Michelle Makori on Twitter @MichelleMakori ().

0:00 – Bitcoin as legal tender 3:42 – Bitcoin: property or cryptocurrency?
9:02 – Bitcoin rate growth
19:00 – Elon Musk's Bitcoin concerns
25:00 – Renewable resource
26:30 – Elizabeth Warren vs. Bitcoin
33:47 – Bitcoin ransomware
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Kitco Information is the globe's # 1 resource of steels market details. Our videos feature meetings with noticeable industry figures to bring you market-affecting understandings, with the objective of helping people make informed financial investment choices.

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Online gold cost as well as charts:
Live silver rate as well as charts:

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Please note: Videos are not trading guidance as well as the views shared may not reflect those of Kitco Metals Inc
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Kitco News

Fed Coin, El Salvador Coin are coming, say goodbye to privacy – E.B. Tucker (Pt. 2/2)

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Post date June 12, 2021

Watch part 1 of the meeting:

Cryptocurrencies represent the opposite of privacy, because of every deal's provenance being deducible, federal governments will certainly use this to their benefit when they release reserve bank electronic money, claimed E.B. Tucker, supervisor of Metalla Aristocracy.

0:00 – Bitcoin is a bubble
5:15 – El Salvador embracing Bitcoin as legal tender
10:29 – Crypto mining

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Kitco News is the globe's # 1 source of steels market information. Our videos include interviews with noticeable market numbers to bring you market-affecting understandings, with the objective of helping individuals make educated investment decisions.

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Online gold rate and also graphes:
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Kitco News

Bitcoin to become legal tender in El Salvador; Trump calls BTC a ‘scam’ – Frank Holmes comments

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Post date June 8, 2021

El Salvador Head of state Nayib Bukele revealed at the Bitcoin 2021 Seminar in Miami that the nation is in the process of embracing Bitcoin as lawful tender.

Bukele Tweeted that "If 1% of [Bitcoin] is purchased El Salvador, that would certainly raise our GDP by 25%.

On the other side, #Bitcoin will have 10 million prospective brand-new users as well as the fastest expanding means to transfer 6 billion bucks a year in remittances."

Frank Holmes, Chief Executive Officer of UNITED STATE Global Investors and executive chairman of HIVE Blockchain Technologies, claimed that the main problem would certainly be the illicit activities being financed by Bitcoin under such a program.

" I assume conceptually, if you're an optimist, it appears great. The concerns we constantly have risks with, is a leader such as this in El Salvador, is that it's going to end up being a domicile for wicked activity," Holmes told David Lin, support for Kitco news.

0:00 – Miami Bitcoin meeting
1:04 – "Bitcoin is a scam" – Donald Trump
2:55 – El Salvador legalizing Bitcoin
6:14 – G7 is a "cartel" – tax obligation walkings for companies
9:52 – Green energy crypto coins
13:45 – Bitcoin, Ethereum cost volatility
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Kitco Information is the globe's # 1 source of metals market info. Our videos include meetings with prominent sector numbers to bring you market-affecting understandings, with the objective helpful people make educated investment choices.

For more breaking news, go to

Live gold rate as well as graphes:
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Don't fail to remember to sign up for Kitco Information' Weekly Summary– appears every Friday to wrap up the most popular stories & videos of the week:

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Please note: Videos are not trading guidance as well as the sights revealed might not mirror those of Kitco Metals Inc
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