Max Keiser & Stacy Herbert: 'Bitcoin will eat into global finance until it's $1m per coin'
4 months ago
#bitcoin #yahoofinance #cryptomiles
This segment originally aired on September 22, 2022
On this week's show, our host Brian McGleenon is joined by bitcoin pioneers Max Keiser and Stacy Herbert.
Bitcoin was born in the wake of the last global financial crisis. Now the world's foremost cryptocurrency could be about to taste a new financial crisis. But this time it will face the storm as a mature asset that has been embraced by institutional as well as retail investors.
Stacy Herbert and Max Keiser are renowned for their conviction that bitcoin will supersede fiat currencies, including the all-dominant US dollar. They see its target addressable market as the total sum of global finance and forecast the digital asset will eat the incumbent financial system until it creates a new paradigm and become the reserve asset of the globe, so forming, a 'Bitcoin Standard', following in the footsteps of gold.
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