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breakingnews
Every week Max Keiser looks at all the scandal behind the financial news headlines.
This week Max Keiser and co-host Stacy Herbert look at the political theater of America’s AAA rating in a land where gold is not money and shoplifting is a sign of a strong economy. In the second half of the show, Max talks to Amir Taaki, founder of BitcoinConsultancy, about the peer-to-peer currency, Bitcoin, and its recent trials and tribulations.
July, 2011
18 16:23
Bitcoin or whatever they call themselves is like a big Fat scam and the lights are going on when it is said that this "currency" is safe. When there is any currency being controlled ( or shall we say, created) by anyone other than God, it is not real. Who created Gold? Who created earth?
The name of the game is who is in debted to whom. If I were holding any bitcom money, then what is my median change of mean? Gold? I don't think so.
Sorry, not buying it. Wasted of time trying to convince people to join the virtual monetary system. Well, unless you are part of the Matrix, congrats! If not, good luck. I bet on Gold and Silver.
Amir Taaki should not be running any type of consulting business. He can barely connect the thoughts between two of his own sentences with what is going on inside his head.
Bitcoin definitely could have used a better spokesperson here. I'm ashamed that a place like RT and on the K report didn't screen this person first before doing this interview. There are far better qualified individuals that could have spoken much more eloquently and make some common sense of it all to the general public. It's was extremely unfortunate that this opportunity was lost to this chump.
Hi Max,Can't praise you're show highly enough. I watch with my 15 and 16 year old sons, all of us roaring with laughter, and have the warm parental feeling that they're getting a top-class economics education (certainly insight - the bit that lasts). You and Stacey are doing a great and important thing.
I really like the $500/silver idea but I came to it late and need to find a succint explanation about the impact on JPM, not least so I can get it across to others. Any ideas where to find this? Also - do silver investment systems (between physical and paper silver) like BullionVault etc do the job, or is silver in this form just as manipulatable as paper silver?
With thanks - Nick W