Watch component 1 of the meeting below:
" There is no top rate for Bitcoin because there is no base for fiat money( currency)" said Max Keiser, Host of The Keiser Record. Fiat cash is money which does not have inherent or use value on its own. It only has worth due to the fact that the government preserves its worth.
Keiser, who is likewise the Co-Host of The Orange Tablet Podcast spoke to David Lin, support for Kitco News.
" If you are going to cost Bitcoin and fiat cash, the price is infinity, because fiat cash has no bottom, while Bitcoin has no ceiling. If you priced it in ounces of gold, that would certainly be a much more valid means to price it," Keiser proceeded. "I am uncertain exactly what the currency exchange rate is for an ounce of gold is to Bitcoin. However whatever it is, you can multiply it by a hundred times which's where we are headed."
0:00 – Bitcoin's innate worth
3:20 – Bitcoin rate forecast
4:19 – Altcoins will certainly "most likely to absolutely no"
7:46 – Proof of risk
8:15 – Ethereum flippening
11:11 – Deal coins
12:55 – "Max coin"
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