1304: “US Hash Rate War Can Send Bitcoin to $500K” - Max Keiser Prediction

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3.6 • 626 Ratings

🗓️ 6 June 2023

⏱️ 22 minutes

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Summary

Bitcoin advocate Max Keiser and Sr. BTC advisor to President Bukele, says Bitcoin will hit $500,000 because the United States will start a giant hash war with Iran and Venezuela - and it’s already started. “Iran has already got 3% of global hash rate, so now I think Venezuela will get 3%–5% pretty quickly. And then at some point America will say, ‘We’ve got to enter the 21st century space race of mining Bitcoin,’ and then they’ll try to seek 20% of the hash rate, and then security goes up dramatically, and the price goes to $400,000, $500,000.” Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Oh, that's my prime delivery.
0:01.6	What, already?
0:02.6	Only one thing can match the buzz of Prime's fast delivery.
0:06.2	And that's the buzz of Prime's entertainment.
0:09.0	What are we watching?
0:09.7	Heads of state, that new action comedy with Idris Elbert as the Prime Minister,
0:13.3	John Sina as the president, and Prianka Chopra Jonas, as their only hope.
0:17.0	It looks like a blast.
0:18.0	From fast delivery to explosive entertainment, it's on Prime.
0:22.5	For only $899 a month, join now. Content includes limited ads, subscription or to renews.
0:27.5	For more information, go to Amazon.com.uk.ukes slash prime.
0:30.1	In today's show, Bitcoin traders bet on 24,000. Bitcoin price as the market digest,
0:35.9	SEC versus Binance.
0:37.9	And today, guess what?
0:39.0	It's SEC suing Coinbase for breaking security rules.
0:43.2	In fact, between the Binance lawsuit and the Coinbase lawsuit, that's 61 cryptocurrencies,
0:49.9	which are now seen as securities by the SEC, 61.
0:54.0	Also in today's show, El Salvador unleashes volcano energy with 241 megawatt planned,
0:59.6	Bitcoin mining operation, and in fact, Tether invest in El Salvador's $1 billion renewable energy project.
1:06.7	They are actually a first-round investor, including Max Kaiser.
1:10.7	JFK won the space race.
1:12.3	President Buckele is winning the Bitcoin hash race. That's right. And speaking about a hash race,
	...

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