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RE: Max Keiser on The Fall of Central Banking & The Rise of Cryptocurrencies

in #money7 years ago

Great point. There is a reason bitcoin came about during the financial crisis. Hopefully it doesn't happen but if another 2008 like crisis did occur it might propel cryptocurrencies to the main stream.

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I think the markets will have a serious correction at some point in the next few years - also US$ is looking very shaky - Trump's continued demise is not helping the US economy or currency - should only be helpful for cryptocurrency - as less and less people will want to hold the US $ ;-)

You obviously jump cut this video.

lol.. somebody has taken a huge time to create this stuff. But in real I don't think he will ever say so.

If there was a US financial crash resulting in a USD crash against other currencies then we'll really see if BitCoin etc. has established value independent of the dollar. If it has then BTC/USD should increase. That would cement its status as a safe haven from USD currency crashes.

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