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
Now they have financed raid alyea says he might be missing something about bitcoin. This is the learning curve of decline. 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 look at 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 you actually start looking at it, you fall into the rabbit hole and he realizes that a world of crumbling fia 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
Everybody assumed there was being going to be a blue wave that biden would win in a landslide nobody will be fired for that none of those articles were stopped from spreading and yet they did so this is important its a good way to look at any economy the empire wealthy families this is how they fall apart its not from outside this is why the Founding Fathers of america did warn that america will never be destroyed from outside it will be destroyed from inside because she is what always is the deadliest of all Human Emotions throughout history the thing that it obviates is the need for free market and competition because in a meritocracy or a capitalist democracy like the United States you have the ability for social mobility which is the antithesis of smugness in countries that legacy monarchy or aristocracy still in place smugness counts. Its only in countries in europe where we have lived for years we noticed that to be the case so it would be a tragedy if america went the way of a p
A whole list stiglitz another no bo wening in correct call on bitcoin and theres still a huge and long list because for the reasons that we said it was going to take over the Global Economy those reasons of now been accepted more and more by the global population and jamie dimon is a guy who he is defending the status quo is part of that front line to keep. Real price discovery and real money out of the system he preserve protect or of the out money and all the fake price discovery that goes with it and all of the financing of wars and corruption that goes with it all the nickel and dime ingin and failure to perform even basic banking skills that go with it the ability to pay off the billions and tens of billions of dollars of fines hes been levied because of his law breaking his recidivist law breaking over and over again and now his day is just about over i suspect hell be retiring in the next 6 to 12 months because out of utter disgust and shame he really needs to just leave so they
Back with another look at about an hours time stay with. Us. Oh hi there im max keiser this is the kaiser report what they wonderful trip this is ben bitcoin of a dollar 2011 right here kaiser report we told you to buy it was going to compete with gold to take over the world it was in fact perfect money and still is and will forever more be well lets see how this is working out stacy so we were right jamie diamond was wrong and yet jamie diamond the guy gets paid a 1000000000. 00 to be wrong all the time thats kind of how they why the economy is in a crisis is that these people who are wrong of us time keep on getting elevated to higher and higher positions and they get rewarded and celebrated as heroes in hated big queen at 10. 00 and we talked about it he did that 100. 00 he did that at a 1000 and well he loves it at 13000 to show you how this has worked im going to show you 24 teen have behind from our j. P. Morgan chase c. E. O. Denounces big queen as terrible predicts its downfall