In a latest episode of the Jimmy Dore Present that includes Max Keiser, the dialog dove deep into the decline of the American greenback, which Keiser described as one of many largest Ponzi schemes over the previous 50-60 years. This daring assertion units the stage for a comparability between the normal monetary methods and rising digital currencies. Keiser notably spotlighted El Salvador’s pioneering transfer to undertake Bitcoin, contrasting its daring financial technique with the extra conservative strategy of america. At current, Bitcoin’s value stands at $61,979, marking a 6.32% enhance over the previous week. As the worldwide provide of Bitcoin tightens, international locations like El Salvador will not be solely investing within the cryptocurrency however are additionally integrating it into their financial framework, doubtlessly setting a precedent for different nations. Keiser’s insights delve into how El Salvador’s ongoing dedication to Bitcoin might ultimately place it as one of many wealthiest international locations on the planet resulting from its early and aggressive funding in cryptocurrency.
To look at the complete interview:
https://www.youtube.com/watch?v=1NY_tRaVnIg
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