Max Keiser: Instead of protesting, buy Bitcoin, Bitcoin will reach $400,000

Max Keiser, a well-known crypto investor and host, predicted this week that the price of Bitcoin will reach $400,000.

In his latest video program, Kerzer said that the measures taken by the Federal Reserve in response to the COVID-19 pandemic have exacerbated economic inequality. The quantitative easing economic stimulus policy has enabled banks and large companies to lend for free or even enjoy subsidies, while the poor have to pay a lot to borrow money.

He mentioned, “Black people will never be equal to white people. They will never have justice in white America. The only thing they can count on is personal sovereignty, and the only way to achieve that is through accumulating Bitcoin.”

He believes that protests will not have any effect. "Tearing down statues will not help, marching in the streets will not help, electing people who you think will help you will not help, none of this will work."

Keiser said the Fed’s current ownership of about 30% of U.S. GDP means the U.S. is heading toward a medieval feudal system where the elite own everything and ordinary citizens live without power.

Also on the podcast, he reiterated his prediction for the price of Bitcoin, which he had predicted since 2011 would reach $100,000, but in February this year he changed his prediction to $400,000.

He explained on the show that the reason why he firmly believed that all this would happen was because the US dollar was on the verge of collapse. The time when Bitcoin reaches $400,000 depends on the time when the US dollar collapses. He warned that "when the debt interest approaches 100% of GDP, the United States will officially become a failed country."

He believes that after Bitcoin wins the battle against altcoins, its next opponents will be the US dollar and gold.

Image source: pixabay

AuthorXiu Mu

This article comes from bitpush.news. Reprinting must indicate the source.