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 Read Quote
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. Max Keiser Read Quote
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 Read Quote
The States is run by the Federal Reserve, an institution that answers only to itself and to a few large banks. It’s modelled on the Bank of England. Ben Franklin said that one of the main reasons America revolted was to get away from the Bank of England, the mother of all central banks – the most pernicious and insidious of all. Max Keiser Read Quote
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 Read Quote
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. Max Keiser Read Quote
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 Read Quote
I follow Rick Falkvinge, who founded the Swedish Pirate party and was one of the very early adopters of Bitcoin. Max Keiser Read Quote
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 Read Quote
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 Read Quote