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
Climaxed kaiser, this is the kaiser 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 coin and massive sort of Asset Management Companies Like black rock are getting into big quine. So max keiser this week, you tweeted a 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 . Well remember the old peak oil or peak gold arguments that were running out of oil or running out of gold. That of course, is not true, but in the case of bitcoin, because it is absolutely scarce then because the demand is approaching infinity, we are potentially hitting peak bitcoin, where it will become increasingly impossible for the average mom and pop to acquire bitcoin. Because all the 900. 00 coins per day that are generated through mining will be sucked up by the institutions that will never hit the market. And of co
It was necessary. I can move, going to hit squads, nerve agents and hackers, so in chaos. A New York Times vacancy for a moscow correspondent reis, like something straight out of a spy thriller has always got away. Is the guest on cars report up next, plus the latest, of course, olympic point. War against china . At 7 am moscow time to bring you the latest. Well see you back then climaxed kaiser. This is the kaiser 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 coin and massive sort of Asset Management. Companies like black rock are getting into big. So max keiser this week, you tweeted a 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 course, is not true, but in the case