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" Bitcoin as an asset class is brilliant, as a means of payment, fantastic. "
Max Keiser
Brilliant
Payment
Means
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" Britain is the epicentre of financial fraud. Most major players outsource their fraud here because London is the unregulated cesspit of global finance. "
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" Bitcoin is probably the most portable money in the history of the world. I can download any amount onto a thumb drive and walk across any border without any problems. Or, I could commit to memory a line of code that I can then input into the network and save or spend Bitcoins. "
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" MaxCoin is competing for the crypto buck, if you will. So is Bitcoin, so is Dogecoin. Alt-coins are proving to be formidable because there's a solid community behind it, there's a use for it, and it's got a great market capitalisation. I think that's going to be a winner. "
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" Minimum wage law is the 'People's Fed.' Tie minimum wage to money supply. If there is pushback against this idea, then shut down the Fed and its ability to distort the economy, penalizing labor, or make the Fed's distortions available to all businesses and all workers. "
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Law
Down
People
" China became the second biggest economy in the world by pegging their currency to the dollar at an artificially cheap rate. "
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World
Dollar
Economy
" Through bitcoin, the Argentines are developing an economy which doesn't require the bankers. "
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Bankers
" Russia's economy is both cursed and blessed by oil. When the oil price goes up, there is a tremendous 'wealth effect' spilling over into all corners of the economy, but this diminishes the drive to develop other industries to diversify away from overreliance on oil. "
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Price
Blessed
Drive
" World's major powers, including China and Russia, don't want to 'finance' American military adventures anymore. "
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Want
Military
Finance
" Bitcoin's success will guarantee Bitcoin's success. "
Max Keiser
Guarantee
Bitcoin
Will
" I believe the world economy will crash when Russia or China moves to a gold-backed currency. They know that when this thing blows, the old law returns: he with most gold makes the rules. "
Max Keiser
Law
World
Rules
" As money, Bitcoin achieves two objectives; it's both a unit of transaction as well as being a store of value. The U.S. dollar, for example, is a unit of transaction, but it is not a store of value. "
Max Keiser
Value
Two
Example
" To some, incredibly, Russia has become a human rights leader. Edward Snowden, the American whistleblower, has succeeded in his asylum application in Russia, and White House spokesman Jay Carney appears flummoxed and wrong-footed as the mantle of free speech and liberty appears to pass from West to East. "
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White
Speech
Free
" Tony Blair personified the shift away from democracy, towards control by bankers. "
Max Keiser
Control
Away
Bankers
" Bitcoin is a peer-to-peer, decentralized form of money, as durable as the Internet itself. Remember, the Internet - or DARPA, as it was originally called - was created as a fail-safe, global network with no 'single point of failure.' If one part goes down, data takes another route, and nothing is lost. "
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Money
Lost
Internet
" In 1971, the U.S. 'closed the gold window,' starting an era of global fiat money reference-pricing that has been unprecedented in history. Never before had the world operated on the basis of no country anywhere having a currency tied to something with intrinsic value like gold. "
Max Keiser
Money
History
Window
" Activists can improve their alternative media success by embracing alternative currencies like Bitcoin. "
Max Keiser
Improve
Bitcoin
Like
" Starting in the wake of the 2008 GFC (Global Financial Crisis), market observers have warned of a crash in the bond market. Initially, it was believed that the trillions printed to bail out the banks would cause inflation and, therefore, a flight from bonds. "
Max Keiser
Market
Crisis
Bond
" We must continue to educate the masses and encourage savings in Bitcoin to truly drain the kleptocratic swamp ruling our financial system. "
Max Keiser
Financial
System
Savings
" If the Karmabanque hasn't worked, it's because there isn't yet a critical mass of people who are prepared to fight back and who instead prefer to be victims. "
Max Keiser
Prepared
People
Back
" The pro-gun advocates point to the 2nd amendment of America's Constitution, citing Americans' right to bear arms as a protection against tyrants. Pro-Bitcoin advocates want protection against tyrants, too. The difference is how these two groups define tyranny. "
Max Keiser
Tyranny
Constitution
America
" Bitcoin is probably the most fungible currency ever created. "
Max Keiser
Bitcoin
Created
Currency
" Activists need to educate themselves about the power of crypto currencies like Bitcoin, invented in 2009, and use crypto to leverage the success of their independent media gains to tip the balance of power away from the troika in ways that could never happen by backing a political candidate. "
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Balance
Success
Power
" The entire political class and ruling Wall Street class are zero-percent-interest zombies who talk about 'deflation' in the value of their second, third, and fourth homes. This is paper-deflation, zombie-deflation, and has nothing to do with the real economy. "
Max Keiser
Class
Value
Street
" There are three main controllers of power here in Britain: the political establishment in Westminster, the BBC (MSM), and the Bank Of England. "
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Three
BBC
Political
" I'm against having a Fed. It's socialism in its worst form. But until the Fed is gotten rid of, the only economic variable the poor have to counteract the injustices of the Fed is the minimum wage law. "
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Law
Socialism
Worst
" Low interest rates wipe out savers and devastate middle-class workers. The banksters have orchestrated this wealth transference of trillions, from the poor to the very wealthy. At the expense of everybody who isn't at the top. "
Max Keiser
Interest
Workers
Wealth
" Bitcoin's revolution: an impossible-to-counterfeit digital store of value that can be used as money, that has no sovereign, or central bank involved, that can be sent anywhere instantly at virtually no cost, is irresistible. Anyone who uses it is converted. "
Max Keiser
Money
Value
Revolution
" By tying minimum wage to money supply, the poor's income would rise and fall with the rise and fall in money supply. "
Max Keiser
Poor
Fall
Money
" I follow Rick Falkvinge, who founded the Swedish Pirate party and was one of the very early adopters of Bitcoin. "
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Early
Follow
Party
" What I immediately recognized about Wall Street in 1983 was that it was a continuation of my career in theater. Wall Street is a big theater, and it's all illusions. "
Max Keiser
Big
Street
Wall