“China Is SECRETLY Accumulating Bitcoin In RESERVES” | Max Keiser

"China Is SECRETLY Accumulating Bitcoin In RESERVES" | Max Keiser thumbnail

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Bitcoin suffered its eighth consecutive week of losses. This was due to weak macroeconomic sentiment, inflation worries, systemic risk within the crypto industry and a lack of catalysts that could lead to upside growth.

Prices were at $30,272, after falling as low as $28,700 earlier in the week. Bitcoin last saw a positive week of gains in mid-March as prices jumped from $41,000 to $46,000. It has slid every week since then, falling nearly 60% from November highs of just over $69,000.

Today’s video features Max Keiser, a Bitcoin maximalist and host of Orange Pill Podcast, discussing Bitcoin’s role in solving centralization vs decentralization conflict, collapse of fiat currencies, and how Bitcoin adoption can help the US regain its status as a top economic nation.

Stay tuned to the end to see Max Keiser’s prediction of what will happen next in this inflation bubble. And why it’s better not to go with the centralized system.

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CREDITS:
Link: />Title: Microdosing 40 TONS OF BABY FORMULA
Channel: ORANGE PHILL: A BITCOIN DOCAST
Date: 24 th May, 2022

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