Between 12. 00 and 18000000000. 00. Hes saying his liquid portfolio, which is probably a lot less than that. So hes put 10 percent of his portfolio in there and the rest, the other 90 percent. He says he hasnt gold and silver miners, all the dominoes are fine for now we, weve pitched ricardo him because actually when we visited with his dad hugo in 2012, when we were traveling down to athens in greece to try to get the country to get out of their financial problems using a silver standard. I was adamantly pitching hugo about because i mentioned it to his dad. We mentioned to his dad again and 2015 when we did the interview and he mentioned the big coin standard safety of a most is book. And of course we were the ones who told safety and most about because it is right there. You know, we pitch them out because we knew it was in the 100. 00 or so and initially like ray deleo, he scoffed at it like even Michael Saylor micro strategy. Initially. They scoff at it, but then they take, you ta
Extremely important. People with the nature of the vaccine is coming up next. Stay with us. I am max kaiser. This is the kaiser report. Wow. So much to get to lets get to it with the stakes. Well, max, you know the last episode we were mocking ray dahlia. Oh, hes the, i guess he looks over the Biggest Hedge Fund in the world, bridgewater associates, of connecticut. And he was just saying, bitcoin, well, now they have financed raid alya says he might be missing something about bitcoin. This is the learning curve of bitcoin. People dismiss it and then they notice the people around them getting rich, like in this case, Paul Tudor Jones, whos also in connecticut stand up and druckenmiller, who was hugely Successful Hedge Fund guy. And they have to put away their biases and they have to take another look at it. And then once you really like it, because i like great value now is doing for the very 1st time. It really distressed about a fan for years without actually looking at it. And once y
3, 2, 1. This hearing will now come to order. Is in a hybrid format and the hearing room has been configured to maintain the recommended six foot social distancing between senators, witnesses and other individuals in the room necessary to operate the hearing, which we have kept to a minimum. , a those joining remotely few videoconferencing reminders which you should be familiar with at this point. Once you start speaking, there will be a slight delay before your display on the screen. To minimize background noise, click the mute button until it is returned to speak or ask questions. Issue,e is a technology we will move to the next senator until it is resolved. I remind senators and our witnesses the fiveminute clock still applies. Those remote should have on your screen one of the boxes labeled clock which will show how much time is remaining. Weve had some trouble getting those boxes to everyone screen or at least getting everybody to be able to find them and follow them. We are going
I am max kaiser. This is the kaiser report. Wow. So much to get to, lets get to it with the states. Well, max, you know the last episode we were mocking ray dahlia. Oh, hes the, i guess he looks over the Biggest Hedge Fund in the world, bridgewater associates, connecticut, and he was just saying, big queen. Well, now they have financed ray dahlia says he might be missing something about bitcoin. This is the learning curve of bitcoin. People dismiss it and then they notice the people around them getting rich, like in this case, Paul Tudor Jones, whos also in connecticut stand, druckenmiller, who was hugely Successful Hedge Fund guy. And they have to put away their biases and they have to take another look at it. And then once you really look at, because like great value now is doing for the very 1st time, it really distressed about a fan for years without actually looking at it. And once you actually start looking at it, you fall into the rabbit hole and he realizes that a world of crum
A world of troubling money and boring gold that cant keep up. Hes got no choice, hes got no choice but to buy bitcoin. So now hes, hes about to make a big purchase. I saw some blocks trading today. Probably is right. Dahlia bridgewaters worth hundreds of billions of dollars. Im sure hell put at least 5 percent of the fund into big coins just to stay competitive with his peers. You said that back in june or so july when Paul Tudor Jones 1st announced that he had gone into bitcoin and you said as an alpha guy that all the other hedge funds would have to follow him. So he got in back in march, april the 2nd quarter of this year then followed Stan Druckenmiller and even probably about equal size hedge fund to Paul Tudor Jones, legendary as well. And the last hedge fund standing. But of course, hes going to have to answer to his clients who are going to say, why should i put my money at a bridge while give it to Paul Tudor Jones of stand talking miller, who are long bitcoin and seem to unde