On the time of writing, Bitcoin is buying and selling for a 2 year-high, because it at present trades for $46,770.87. A lot of the uptick for Bitcoin is the information {that a} Bitcoin ETF might be accepted within the subsequent few days. The Bitcoin ETF is among the most anticipated occasions in crypto’s quick historical past, with many pundits believing the ETF might be an absolute sport changer, lastly bringing Bitcoin into the mainstream. Lengthy-time Bitcoin advocate Max Keiser has a special view on the ETFs. In an interview with the Mark Moss present, Mark Keiser shared his ideas on the ETF. Keiser believes that the entire construction of this ETF is peculiar. Keiser expressed that after his 40-year expertise, he has by no means seen a state of affairs the place a number of establishments are going for a similar ETF. Keiser believes there must be a primary mover benefit, and a contest, and since this doesn’t appear to be the case, Keiser believes there’s a hidden agenda. Keiser believes this may develop into very harking back to the confiscation of gold again within the Nineteen Thirties, the place the federal government confiscated the personal property of residents and primarily, gold can solely be attained by authorities means. Keisers intestine intuition, paired with Massachusetts Democratic Senator Elizabeth Warren’s die-hard, by all means crucial, assault on burning all crypto to the bottom, there may be one thing hidden behind the scenes. However in fact, Kesier suggests the transfer to El Salvador is the transfer to keep away from any US battle.
To look at the complete interview:
https://www.youtube.com/watch?v=oXjC4VRnPPU
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