arjun on Nostr: Max Keiser: I've always said that Bitcoin has no top, because fiat money has no ...
Max Keiser: I've always said that Bitcoin has no top, because fiat money has no bottom.
There's no backing for fiat money. It's just paper. And I think a couple of things we're going to see happening.
Number one: People will no longer accept fiat money for Bitcoin. So you're going to try to buy Bitcoin with your fiat money, and no one will take your fiat money. No one will take dollars at all.
So that will be a moment of panic. They’ll be like, "What? It's like, no, here's a million dollars. Here's $10 million. I want one Bitcoin." Like, "No. No way, amigo. We don't want that shit. It's worthless."
So that's going to be panic. Then people are going to have to trade in other stuff for Bitcoin, like gold, or their house, right? And then people are going to be panicked, and they shouldn't be panicked, because the world we live in now is a fake world that's been created with the hologram of fiat money.
There's no backing for fiat money. It's just paper. And I think a couple of things we're going to see happening.
Number one: People will no longer accept fiat money for Bitcoin. So you're going to try to buy Bitcoin with your fiat money, and no one will take your fiat money. No one will take dollars at all.
So that will be a moment of panic. They’ll be like, "What? It's like, no, here's a million dollars. Here's $10 million. I want one Bitcoin." Like, "No. No way, amigo. We don't want that shit. It's worthless."
So that's going to be panic. Then people are going to have to trade in other stuff for Bitcoin, like gold, or their house, right? And then people are going to be panicked, and they shouldn't be panicked, because the world we live in now is a fake world that's been created with the hologram of fiat money.