This is the second part of the interview with Max Keiser that took place June 25 2020 on the You Tube channel Tech with Catalina, this is a great channel that provides high value content directed by Catalina Castro, so let's start, in my opinion each question and each answer contribute a lot, so this is the second part i hope you enjoy
Catalina: That is a very interesting way to describe it. Max, another question from the audience, do you think Bitcoin is going to replace the US dollar, or other FIAT currencies in the digital format, perhaps? Do you think Bitcoin is going to replace the US dollar or other FIAT currencies in the digital format, maybe?
Max Keiser : Well, no FIAT currency ever survived, for all both 90% or 80% of its value disappeared, even the US dollar is only, if you go back to 1913 with the creation of the federal reserve, it is a very young currency . No FIAT currency ever existed in the last 300 years, all of them fell to zero, except perhaps for the pound sterling, but that lost 90% of its value, it is close to zero and continues to fall, it almost has no value either. So obviously it is not a concern, what is the relationship with FIAT money, because no FIAT currency is going to exist.
Now while the United States and other countries come out with their own versions of digital money, trying to compete with Bitcoin is another matter. And the answer to that is that the most likely scenario is one where the United States government, and other governments are going into a Hashes War, where they desperately try to control as much of the Hash Power as possible as a way to secure their own survival.
If America doesn't start hashing Bitcoin or mining Bitcoin soon, it risks being obliterated. The other countries are going to start mining and they are going to be the richest countries they are going to have the hardest money of all in the history of man supporting their economies.
If you ask, going to the '60s A merica had these "Sputnik" moments where Russia put the Sputnik satellite and they said "We have to enter the space race." Many countries are entering Bitcoin, and if America does not wake up and start mining Bitcoin quickly, soon, they will be fried, they will be left behind.
Catalina: Max, you have been in space for many, many years, and you have seen the market evolve in many ways. What do you think is what we have to evolve more now? What do you think of the maturity of the market?
Max Keiser: As I said, Bitcoin, when I talk about Bitcoin, is that people have to understand that ONE DOESN'T CHANGE BITCOIN, BITCOIN CHANGES YOU, YOU HAVE TO UNDERSTAND THAT.
What I'm talking about is that Bitcoin goes to 100,000 USD or 400,000 per coin, WITH OR WITHOUT US.
BITCOIN doesn't need humans, because it gets power on its own, solar power is available, solar panels power, you know. Bitcoin is going to evolve and stick with you, so humans can wake up and understand that this is a period of great enlightenment, from having an expansion of universal consciousness to the point where we throw all the toys and sticks and stones , and finally we embrace what we are as spiritual beings, or we are going to disappear, but Bitcoin will continue, when it reaches 400,000 per coin, perhaps there is no human on earth to see it, but it will continue, so that's the thing that you have to accept. With Bitcoin it is like that, either you accept it and allow it to permeate your consciousness and expand global consciousness with it, or you will be left behind.
Catalina: The last question, for people who are starting or are just starting, what other factors do you recommend that people follow and pay attention during this year and the next to have a maximum perspective? Not only from the Bitcoin ecosystem and the Crypto space, but on a macro level, let's say a political and economic level as well. What do you suggest people follow?
Max Keiser: How do you get people into Bitcoin, and what is a good educational tool, and how do you introduce them to Bitcoin, and the fact is that people don't want to learn about Bitcoin, they don't want to think about Bitcoin, because it throws down their way of think. So the only driver of Bitcoin is going to be panic, and despair. I remember in Cyprus, with the bank run and all their bank accounts stolen, there was a huge adoption of Bitcoin. So necessity is the mother of inventions. People buy Bitcoin in a panic, so my point, my message is: Don't panic to Bitcoin, buy it today, and panic tomorrow. The panic is coming, all the FIAT money collapses, all these governments are bankrupt, the global economy stopped working in 2008, and it is a decomposing corpse that is sucking the universe, and there is nothing redeemable in this global economy, just a dead corpse lying there, and they desperately try to keep it up with infusions of FIAT Formaldehyde. But he's dead, he's gone he's already dead, he won't come back. So on the periphery you have Bitcoin, and the Bitcoin people who are going to be survivors, we are going to rebuild post-apocalyptic global and if you want to survive start buying Bitcoin now. If you want to bet that banks are going to be soluble, that suddenly governments are going to be soluble that suddenly all these things that are gone If they were to be reversed, and to move in the other direction very quickly and to be this incredible change that banks and the global economy are going to be heading for, then don't buy Bitcoin. If you want a bank, or Jamie Dimon in JP Morgan to realize how to save the economy from collapsing, the next one in DAVOS, if that is your bet, then good luck with that bet, have fun with that bet, but it is not the mine.
Catalina: I heard you started with Bitcoin for GOLD and silver. Could you explain to people what hard money is, and why Bitcoin is hard money?
Max Keiser : Hard money is indestructible, and it is scarce, and it is desirable and it maintains its value as a reserve. So GOLD fits the description, and so does Bitcoin. It is indestructible, it is scarce, and it maintains its state of reserve of value like hard money, like money.
Except that it has added benefits, that it is digital, it is portable, it is divisible, it is inconfiscable. One of the best things about Bitcoin is that it is irrefutable. This is different from GOLD as it is unfortunately easy to confiscate GOLD.
Catalina:How did you start your show? You have carried it for so many years, you have been translating it into Spanish for so many years. How did you start to provide value, and educate the community? Why do you do it?
Max keiser: You know Keizer Report we have been doing it on RT for 11 years and when we started we spoke with many networks around the world, and only one network would allow us to have editorial freedom, the way we needed it, or what we wanted, and that was RT.
So we started with RT, and in 2011 we started talking about BITCOIN, I was already involved with digital currencies since 1996, when I had a Patent on a digital currency, the first patent that covered the issue of digital scarcity. Of course digital scarcity is a big part of the BITCOIN story, and we started covering BITCOIN in 2011 in the Keizer Report and I'd say it was the background music for the entire BITCOIN revolution. The Keizer Report was there in every step of the way. which is something like the "soundtrack" of the BITCOIN Revolution is Keizer Report
Catalina: Will you continue doing it?
Max Keiser:why not? Especially in the Spanish-speaking world, Spanish-speaking people have simply exploded in recent years, the YouTube views of our Spanish videos are off the charts, hundreds of thousands per episode. When we went to Mexico City just before quarantine, we had an event in Mexico City at the Bitcoin embassy, ??and it was crazy. People are crazy, they love the show, they love BITCOIN, we love them, we spent some time together, we did a couple of live shows there.
We were on tour in Latin America recently, we went through Brazil, Uruguay, Mexico, Argentina and Colombia ...
So you know, BITCOIN and Latin America are made for each other, because people in Latin America understand that FIAT money will never work, and they also understand that hard money like gold does work, and this it is better than GOLD, so it is working wonderfully.
if you missed the first part you can read it in full here
"Oh, thank goodness I bought Bitcoin every day, because now I'm the only soluble person in my neighborhood, everyone else went bankrupt." interview to Max Keiser part 1
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Tech con Catalina
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