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" Bitcoin's success will guarantee Bitcoin's success. "
Max Keiser
Guarantee
Bitcoin
Will
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" I am pro-capitalism, and I am pro-free market. "
Max Keiser
I Am
Am
Market
" 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
" 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
" Big banks, highly leveraged casinos, do whatever they can to keep the cost of their gambling as cheap as possible. This means keeping interest rates as cheap as possible. "
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Cost
Gambling
Big
" 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
" 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
" Success of bitcoin and the exchanges that deal in it could be interpreted by some to mean the demise of central banks, Wall Street, and the Washington insiders who trade on inside information and market manipulation. "
Max Keiser
Street
Washington
Information
" 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
" 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. "
Max Keiser
White
Speech
Free
" 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. "
Max Keiser
Money
World
Memory
" Britain is the epicentre of financial fraud. Most major players outsource their fraud here because London is the unregulated cesspit of global finance. "
Max Keiser
Finance
Fraud
Financial
" 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. "
Max Keiser
Law
Down
People
" 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. "
Max Keiser
You
Think
Great
" 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
" Most stocks bought and sold on Wall Street are held in what's called 'street name.' "
Max Keiser
Stocks
Wall
Held
" 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. "
Max Keiser
Price
Blessed
Drive
" Activists can improve their alternative media success by embracing alternative currencies like Bitcoin. "
Max Keiser
Improve
Bitcoin
Like
" Bitcoin as an asset class is brilliant, as a means of payment, fantastic. "
Max Keiser
Brilliant
Payment
Means
" I think anybody who is interested in keeping their money safe from the criminal banking system would want gold, silver, and Bitcoin. "
Max Keiser
Think
Silver
Safe
" 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. "
Max Keiser
Balance
Success
Power
" Through bitcoin, the Argentines are developing an economy which doesn't require the bankers. "
Max Keiser
Through
Bitcoin
Bankers
" There are three main controllers of power here in Britain: the political establishment in Westminster, the BBC (MSM), and the Bank Of England. "
Max Keiser
Three
BBC
Political
" I follow Rick Falkvinge, who founded the Swedish Pirate party and was one of the very early adopters of Bitcoin. "
Max Keiser
Early
Follow
Party
" Privacy is an age of universal email collection and spying, with millions of CCTV cameras and warrantless spying pervasive; privacy has become virtually nonexistent and, therefore, extremely scarce and desirable. Bitcoin can be a completely anonymous transaction that maintains the user's privacy beyond the reach of any authority. "
Max Keiser
Privacy
Age
Authority
" World's major powers, including China and Russia, don't want to 'finance' American military adventures anymore. "
Max Keiser
Want
Military
Finance
" In a free market capitalist system, 'price signals' are everything. Prices are determined by buyers and sellers in the free market, and these prices are broadcast from the exchanges, reaching all corners of the economy - where they are used to transact business. "
Max Keiser
Price
Economy
Free
" 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
" Starting in the mid-1990s, the end-to-end ubiquity of the Internet, combined with its cheapness, spontaneously combusted to give us Napster - a site that revolutionized the music industry overnight. We got P2P file swapping in the film and TV industry as well. "
Max Keiser
Got
Us
Starting
" As more wealth and political power is amassed - as bitcoins rise in value - Congress and various lobbying groups will be influenced to an ever greater extent by the interests of Bitcoin owners who - in turn - will lobby to keep the Internet and Bitcoin alive and growing. "
Max Keiser
Political
Value
Rise