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.
Adhere To Michelle Makori on Twitter: @MichelleMakori ()
Adhere To Kitco News on Twitter: @KitcoNewsNOW ()
Adhere To Max Keiser on Twitter: @maxkeiser ()
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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