• Press Releases
    • Submit a press release
    • Read All
  • Advertise
  • Contact us
Crypto.com Logo Crypto.com Logo
Bitcoinist.com
No Result
View All Result
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
  • Industry
    • Industry News
    • Press Releases
  • Price
    • Bitcoin Price
    • Ethereum Price
    • Litecoin Price
    • Binance Coin Price
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
    • Bitcoin Casinos – Where, What and How to Play
  • Events
  • Play Games
  • Play Casino Games
  • Bet & win BTC
Breaking News: Crypto Exchange Binance To Launch Prepaid Card In This South American Country
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
  • Industry
    • Industry News
    • Press Releases
  • Price
    • Bitcoin Price
    • Ethereum Price
    • Litecoin Price
    • Binance Coin Price
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
    • Bitcoin Casinos – Where, What and How to Play
  • Events
  • Play Games
  • Play Casino Games
  • Bet & win BTC
Bitcoinist.com
No Result
View All Result
Breaking News: Crypto Exchange Binance To Launch Prepaid Card In This South American Country
Bitcoin world reserve currency global
Advertisement

The New World Reserve Currency Will Invariably Be Bitcoin, Says Max Keiser

Emilio Janus by Emilio Janus
4 years ago
in Uncategorized
0
Advertisement

In his first New Year show, Max Keiser looks at what an increasingly de-globalized, de-dollarized world could mean for Bitcoin.


Swift Decline For The Dollar

One catalyst for the erosion of the US Dollar hegemony is likely to be the development of alternatives to SWIFT. The global financial interbank communication network is becoming increasingly politicized and weaponized.

Get 30 FREE SPINS at Punt Casino - NO DEPOSIT REQUIRED! Start Playing Now.

US interests essentially run the Belgium-based organization, which means that the US can de-platform organizations or entire nations. This recently happened to Iran, when the US re-instated sanctions against it, despite the lack of global support.

Germany, in particular, was so unhappy with the effects of this that it started developing an alternative system. This year has also seen a rash of crypto-based solutions proposed or utilized by Argentina, Russia, and a German bank.

BitStarz Player Lands $2,459,124 Record Win! Could you be next big winner?
570% up to 12 BTC + 300 Free Spins for new players & 1 BTC in bonuses every day, only at Wild.io. Play Now!

A German-developed internationally-recognized system could certainly see less reliance on SWIFT and the US Dollar. Although this could lead to a spate of de-platforming across various financial platforms before US interests lose power.

We have already seen this accelerate with high-profile bans laid down by PayPal and MasterCard.

Good News For ‘Rock Solid’ Bitcoin

Despite a tough year, Bitcoin is likely to be a big beneficiary in a de-globalized, fractured world. Previous crashes have seen consolidation and building in the crypto industry. Without the distraction of price bubbles, companies have built robust business models.

Beating the Dollar Using Circle

The bitcoin price [coin_price] is only one of three important variables to consider, the others being hash-rate and difficulty adjustment. These three variables are in constant flux to ensure that the 10-minute emission rate remains constant.

This gives Bitcoin the most ‘rock-solid’ monetary policy of any central bank, according to Keiser. This is because Bitcoin produces a new block roughly every 10 minutes with the number of total coins capped at 21 million. This results in the most predictable monetary policy to date based solely on math instead of corruptible people and politics.

“That emission schedule of coins coming on every ten minutes makes bitcoin the central bank of the world with the most rock-solid monetary policy there is,” said Keiser.

Keiser sums up by suggesting that, as a new world reserve currency is sought, people will invariably turn to bitcoin.

Do you agree that Bitcoin will become the de facto global reserve currency? Share below!


Images courtesy of Shutterstock

ShareTweetShareShare

Sign Up for Our Newsletter!

For updates and exclusive offers enter your email.

I consent to my submitted data being collected and stored.

Emilio Janus

Emilio Janus

Related Posts

Shiba Inu

Shiba Inu Will Take 1,157,174 Years To Reach 100 Billion Tokens, Analyst Says

14 hours ago
FTX

FTX Arena: Miami-Dade County Ends Partnership With Crypto Company Amid Financial Woes

2 weeks ago
Solana Jumps To 11th In Market Cap List, Can It Dethrone Polygon For 10th?

Solana Jumps To 11th In Market Cap List, Can It Dethrone Polygon For 10th?

3 weeks ago
Meme Coins Like Big Eyes and Tamadoge will lose its sparkle While Utility token Snowfall Protocol Makes its mark as a permanent fixture in the crypto space!

Meme Coins Like Big Eyes and Tamadoge will lose its sparkle While Utility token Snowfall Protocol Makes its mark as a permanent fixture in the crypto space!

2 months ago
Indonesia

FTX Fiasco Pushes Indonesia To Tighten Crypto Rules

3 months ago
Singapore, two asian woman and a man in work attire

58% Of HK and Singapore’s Wealthy Individuals Already Own Crypto, Study Shows

3 months ago
Please login to join discussion

Premium Partners

Premium Casino Partners

Top Casinos

BitStarz
BitStarz
Punt Casino
Punt Casino
mBit
mBit
Metaspins
Metaspins
1xBit
1xBit
Coinplay
Coinplay
K8
K8
Vegas Casino
Vegas Casino

Sportbooks

Coinplay
Coinplay

Press Releases

  • California DMV Puts Car Titles On Tezos (XTZ) Blockchain...

    2 hours ago
  • Bitcoin Cash (BCH) Associates With TREZOR Wallet, Litecoin...

    2 hours ago
  • Avalanche (AVAX) price rally stalls, Polkadot (DOT) was #1...

    2 hours ago
  • Orbeon Protocol And VeChain Seek To Impact The Real World...

    3 hours ago
  • Meta Masters Guild Presale Raises Over $2m Ahead of Stage 5...

    5 hours ago

Bitcoin news portal providing breaking news, guides, price analysis about decentralized digital money & blockchain technology.

Bitcoin

  • News
  • Price
  • Businesses
  • Acceptance
  • Technology
  • Investment
  • Regulation
  • Reviews

Altcoins

  • News
  • Price
  • Ethereum
  • Ripple
  • Litecoin
  • EOS
  • NAGA

Categories

  • Blockchain
  • Security
  • FinTech
  • Technology
  • Trending
  • Breaking News
  • Press Releases
  • How to

Pages

  • Contact us
  • Editorial Policy
  • Advertise
  • Crypto Prices from Nomics
© 2023 Bitcoinist.com. All Rights Reserved.
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
  • Industry
    • Industry News
    • Press Releases
  • Price
    • Bitcoin Price
    • Ethereum Price
    • Litecoin Price
    • Binance Coin Price
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
    • Bitcoin Casinos – Where, What and How to Play
  • Events
  • Play Games
  • Play Casino Games
  • Bet & win BTC

© 2022 Bitcoinist. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.