In this episode of the Keiser Report, Max and Stacy discuss JP Morgan’s ‘Bitcoin Bible’ as a plea for help from central banks to protect their fractional reserve banking monopoly model. In the second half, Max interviews Mark Yusko of Morgan Creek Capital Management to discuss demographics, alternative energy and the transfer of wealth from the developed to the developing world and what that means for the future of capital markets. They also discuss bitcoin and where that fits into the new financial paradigm.
Within the last two minutes (to be continued in the next episode) Mark Yusko describes who the valuation of BTC is currently around $400,000 based on gold equivalents... Buy Bitcoin.