#628 Bitcoin Is Inevitable with Max Keiser

He who has the Bitcoin makes the laws, and the countries that are really active in this the most are going to be extremely happy that they did. Those countries that lag behind are going to be part of that new second world. We're reordering what constitutes a first-world nation. The first-world nation will be heavily into Bitcoin, and then the second and third world would be lagging in Bitcoin.

People who are narcissistic ego maniacs have a big difficulty getting into Bitcoin. I think that's the Nassim Taleb story. He's rightfully proud of the work he's done with his books, ect., but he developed this narcissism that... prevents him from seeing the humanity of Bitcoin. And so, he's essentially committed professional suicide with his antics over the past few months.

Even today at these prices, we're still stacking SATs because it just seems like the only logical thing you can do. It's like a bulwark against the insanity that's going on in the world, you know in Washington and elsewhere. When you stack SATs, it's like a calming thing that you do to ground yourself in the Satoshi Bitcoin reality.

Bitcoin is something that's pro-humanity. Paul Tudor Jones even said that gold is a bet on disaster; Bitcoin is a bet on humanity—that it's going to get better.

Here's my bear case: It's that humans will become extinct before they realize the benefits of Bitcoin.

My 2021 prediction is still the same as it was on the last day of last year, and that's $220K for Bitcoin in 2021. So, I'm still holding to that prediction.

All fiat money for the past 300 years has gone to zero or lost 99% of its purchasing power. So, fiat money has never worked.

I was gangbanged by Satoshi, and that impregnated me with the idea of Bitcoin in 2011 when it was a dollar.

Governments aren't going to ban Bitcoin; the smart governments are going to start hoarding and and mining Bitcoin.