7% Market Cap?
Ok so what's the deal with Tether. We know they are under investigation and a bad outcome could hurt BTC price. Or could it?
I liked Max Keiser back in the day while he was shilling silver. I didn't buy silver because of him.. but I don't LOVE my silver (nor hate it). Now he is a super BTC bit boy! In any case he makes a lot of truths known; however not everything added up to me. For instance, he say's BTC is inverse of all the money printing and that greed fuels the 'revolution'. I half heartedly agree with that..
Who is Satoshi Nakamoto?
It is not clear if that is even a real person or not, but that is who the bitcoin industry refers to. Every source that is credible online states that the name is just a way for the founder to remain anonymous, and it is not clear why they chose to be hidden and not reveal true identity.
https://decrypt.co/34810/how-many-bitcoin-does-its-inventor-satoshi-nakamoto-still-own
Next question:
This fortune, now worth in excess of $30 billion.. but interesting enough he wasn't the first to try but was the first to write the whitepaper in 2008.
Is there really any doubt governments are pro bitcoin? There's a lot of mysteries going on and what would a person with a stake of 1,000,000 Bitcoin do with it. Perhaps true price potential eventually comes and those coins start to move? Iran is aggressively mining BTC; but does that mean the USA has no Bitcoin?
Could you sanction countries using Bitcoin ? There is a brave new world out there and no matter how perfect we feel this 'perfect' money will behave in a world with crashing currencies. Could you sanction wallets?
A new political class of espionage, war, arms deals, industry is upon the world. What would it take Max to sell his bitcoin? He say's he doesn't want to sell back into fiat. That's a pretty amazing idea. Unfortunately bad people can still own and use bitcoin.
and his 2021 forecast
$220,000 USD Oct/Nov 2021 Per Bitcoin reached! Why? 3rd halving, difficulty adjustment and hash rate. Alright I'll take it. I think Max knows what he is talking about but for some reason I keep thinking this when I see him speaking: