DISCLAIMER: GOLDINVESTMENTCOMPANIES.COM IS AN AFFILIATED PARTNER FOR GOLDCO PRECIOUS METALS, AUGUSTA PRECIOUS METALS, AND BIRCH GOLD GROUP, PROMOTING THEIR GOLD IRA, GOLD 401K TRANSFER AND BITCOIN IRA SERVICES AND PRODUCTS.
Watch part 1 of the interview: https://youtu.be/6SDaueBJk0I
Altcoins, and Ethereum in particular, are “just outright scams” and will should eventually cease to exist, said Max Keiser, host of the Keiser Report and co-hot of The Orange Pill Podcast.
Speaking to Michelle Makori, editor-in-chief of Kitco News, Keiser noted that altcoins, or anything other than Bitcoin, are not sustainable by nature, nor do they have the characteristics that Bitcoin does that makes it sound money: scarcity, anti-fragility, decentralization, and the ability to not be “pumped and dumped” through a pre-mine.
Follow Michelle Makori on Twitter: @MichelleMakori (https://twitter.com/MichelleMakori)
Follow Kitco News on Twitter: @KitcoNewsNOW (https://twitter.com/KitcoNewsNOW)
Follow Max Keiser on Twitter: @maxkeiser (https://twitter.com/maxkeiser)
0:00 – Bitcoin’s power consumption
6:28 – Bitcoin’s biggest existential threat
9:48 – Bitcoin’s technology
16:30 – DeFi vs Bitcoin
20:00 – Crypto regulations
26:00 – Bitcoin ETF
29:36 – Gold
#Bitcoin #MaxKeiser #Ethereum
Kitco News is the world’s #1 source of metals market information. Our videos feature interviews with prominent industry figures to bring you market-affecting insights, with the goal of helping people make informed investment decisions.
Subscribe to our channel to stay up to date on the latest insights moving the metals markets.
For more breaking news, visit http://www.kitco.com/
Don’t forget to sign up for Kitco News’ Weekly Roundup – comes out every Friday to recap the hottest stories & videos of the week: https://connect.kitco.com/subscription/newsletter.html
Join the conversation @ The Kitco Forums and be part of the premier online community for precious metals investors: https://gold-forum.kitco.com/
Disclaimer: Videos are not trading advice and the views expressed may not reflect those of Kitco Metals Inc.