Because Network Effect has forced traditional financiers to change their tune on the digital currency. And this is black rocks, c i o, o of fixed income, he told c. N. N. B. B. C. Last friday. His name is rick reader, he said, big queen is here to stay while conceding, that he is not a big bowl reader, said the flagship currency will quote, take the place of gold to a large extent because it is so more functional than passing a bar of gold around, right . This is a remarkable statement because weve heard the argument that big coin is goal to point out that its a prayer to gold, but that has come from the internet from social media, from heterodox thinkers like ourselves. Its not come from a 7 trillion dollar managed fund like blackrock and were hearing it from other folks like Paul Tudor Jones stent arthur miller. And although theres 100. 00 trillion dollars out there looking for a home as part of a managed money environment, they are 7 percent of that 100 trillion dollars of only one
A large extent because it is so more functional than passing a bar of gold around, but this is a remarkable statement because weve heard the argument that big calling his goal to point out that its a prayer to gold. But that has come from the internet from social media, from heterodox thinkers like ourselves. Its not come from a 7 trillion dollar managed fund like blackrock and were hearing it from other folks like Paul Tudor Jones stent arthur miller. And although theres 100. 00 trillion dollars out there looking for a home as part of a managed money environment, they are 7 percent of that 100 trillion dollars of only one or 2 or 3 percent of that money goes into bitcoin. That means the price triples overnight. So im going to ask you a question because i want to try to elicit an answer that you gave to me on the magical crypto conference in our special this weekend about black rock. I asked you about the fact that black rock is the Number One Company to reference your patent on virtua
Over the recent Police Clearance of a temporary migrant camp and parents. And the developers of russias new vaccine say its not just highly effective, but also highly affordable costing as little as 20. 00 per your world News Headlines for this hour. My colleague neil harvey will be taking over in just about 60 minutes. So on behalf of the r. T. E. International team, thanks for watching. And we hope you have a great day max keiser. This is their report. Have we hit peak bitcoin . That is a good question because you know, more and more billionaires around the world are getting into big queen and massive sort of Asset Management. Companies like black rock are getting into big. So max keiser this week, you tweeted the serious big question is developing a supply on exchange, dries up prices will start gapping higher looking for sellers. What do you mean by this max kaiser . But remember the old peak oil or peak gold arguments that were running out of oil are running out of gold. That of c
We are honored to have as our lecturer john sexton of nyu, whose topic tonight is Warren Burger, Warren Burger is the founder of our society and of immense importance to us. There is no one more qualified than president sexton to deliver this lecture. He was a Warren Burger clerk, but he had a long history before that. It is worth a moment. President sexton earned his ba in history and his ma and phd in religion, and taught religion in brooklyn before he went to harvard law school. He went to harvard law school, graduating 1979 magna cum laude, and was the Supreme Court editor of the harvard law review. He then clerked for judge basil on and judge leventhal on the d. C. Circuit court before he clerked for chief Justice Burger. After his clerkship, he went to nyu in 1981, and by 1988, he was dean of the law school. His tenure there was extremely successful. The law school is firmly ensconced in the rankings as one of the top five in the country. By 2002, he had been elevated to presiden
Society and of immense importance to us. There is no one more qualified than president sexton to deliver this lecture. He was a Warren Burger clerk, but he had a long history before that. It is worth a moment. President sexton earned his ba his ma and phd and religion, and taught religion in brooklyn before he went to harvard law school. He went to harvard law school, graduating 1979 magna cum laude, and was the Supreme Court editor of the harvard law review. He then clerked for judge basil on and judge leventhal on the d. C. Circuit court before he clerked for chief Justice Burger. After his clerkship, he went to nyu in 1981, and by 1988 he was dean of the law school. His tenure there was extremely successful. The law school is firmly ensconced in the rankings as one of the top five in the country. By 2002, he had been elevated to president of nyu. He served there until the end of 2015. During that tenure, freshman applications doubled. The endowment grew by over 200 . Minority enroll