icon bookmark-bicon bookmarkicon cameraicon checkicon chevron downicon chevron lefticon chevron righticon chevron upicon closeicon v-compressicon downloadicon editicon v-expandicon fbicon fileicon filtericon flag ruicon full chevron downicon full chevron lefticon full chevron righticon full chevron upicon gpicon insicon mailicon moveicon-musicicon mutedicon nomutedicon okicon v-pauseicon v-playicon searchicon shareicon sign inicon sign upicon stepbackicon stepforicon swipe downicon tagicon tagsicon tgicon trashicon twicon vkicon yticon wticon fm
14 May, 2019 08:41

The battle for unit of account (E1383)

In this episode of the Keiser Report, Max and Stacy discuss the breathtakingly honest assessment of bitcoin by Congressman Brad Sherman of California. The congressman notes that the US derives its power because the dollar is the unit of account and so all trade must clear through the NY Fed. But bitcoin threatens this source of power. In the second half, Max interviews Rodolfo Novak of OpenDime about the admission from Sherman and what this suggests is coming for bitcoin in terms of challenging fiat.

Check Keiser Report website for more: http://www.maxkeiser.com/

Podcast: https://soundcloud.com/rttv/sets/keiser-report-1

Podcasts
0:00
28:7
0:00
28:37