Max Keiser says: Vote Against Trump. "ORANGE COIN GOOD, ORANGE MAN BAD" It's Insane that Both Little Stevie Munchkin and Czar Donald are TOTALLY CLUELESS about Bitcoin... or ANY CryptoCurrency.

The Head of the FED (Jerome Powell) understands, Bitcoin is a way to store Value. While Paper Money like the US Dollar can Inflate Away to Nothing... Gold, Silver and CryptoCurrencies have a REAL VALUE. 

In The Real World, The US Dollar's Value is based on BELIEF, TRUST and MEN WITH GUNS. That's why we were able to transport PALLETS of Hundred Dollar Bills to Iraq during the War to pay Tribal Warlords and then... everything cost a Hundred Dollars! Want to buy a Cup of Coffee? Price=One Hundred Dollar Bill... Want to buy a goat? Price=One Hundred Dollar Bill... It's all based on Belief... Ones and Zeros in the Bank of America's Computers... and in 2008... it all vanished!

 When we started the NEW DEAL during the Great Depression of the 1930s, The US Government went OFF the Gold Standard. That Allowed the Bureau Of Printing and Engraving to Print INFINITE CASH to pay for all those WPA employment programs. 

We Could Do that Again! Print INFINITE CASH to pay for the GREEN NEW DEAL. Why Not? It's Just Paper... You can't Eat It... You Can't even use it to Roll a Cigarette... Frankly Speaking, A BIBLE is better for rolling Cigarettes... The Paper is thinner... The only valid use is in the Bathroom when you want to Wipe...

The REASON Munchkin and Trump oppose BITCOIN (and Facebook's Currency) is that It's a Valid alternative to the US Dollar and ECONOMIC SANCTIONS Do Not Work.  

https://www.maxkeiser.com/

Keiser Report: Orange Coin Good, Orange Man Bad

Posted on July 20, 2019 by Stacy Herbert — 30 Comments ↓

In this episode of the Keiser Report, Max and Stacy discuss the fact that bitcoin has now hit the big time as the US central bank, the Treasury, the Congress and the President all start talking about it. In the second half, they talk to Craig Hemke of the TFMetalsReport.com about the return of the bull market in gold.

Read more at https://www.maxkeiser.com/#XaBoh8oPlXPxtpbS.99

Can anyone explain? What is the point of Bitcoin? Why does it exist at all? Why not simply use dollars? or Rubles, Lira, YEN and Yuan?

Why did Facebook invent its own cryptocurrency? 
Is there any money to be made investing in Bitcoin? There is an exchange rate of US Dollars vs Bitcoin and that changes over time... Is it a good bet to buy Bitcoins hoping to sell them later for a profit?

Reply on Facebook:
Mark Dias: So, I am with you on this Greg. I see no point in it and which is why I think is pure speculation when investing in it. 

That said my brother said his company - he works for one of the major banks and they use a form of cryptocurrency but he couldn’t explain why, I asked him to find out why because they wouldn’t do it unless it made business sense.

I have yet to figure out what is the point. Maybe I should investigate further

Gregory Laan I think that originally it was used to conduct illegal business on the internet. The Silk Road website... Buying and Selling Drugs...

US Representative Sherman Calls for Crypto Ban, Says It Threatens to Diminish American Power. Bitcoin is An Alternative to The Almighty Dollar...

Currently, any International Purchases go thru the FED in New York - EXCEPT Bitcoin Transactions... For Example: Sanctions on Iran, Venezuela and Russia prohibit those countries from doing business in DOLLARS. Oil Sales in Saudi Arabia use DOLLARS. China sells the USA Merchandise for DOLLARS that we trade for YUAN.  Bitcoin avoids USA Control of Currency TOTALLY.

https://cointelegraph.com/news/us-rep-sherman-calls-for-crypto-ban-says-it-threatens-to-diminish-american-power

Bitcoin-Bashing Democrat Calls for Blanket Ban on Cryptocurrencies.
https://www.ccn.com/bitcoin-democrat-ban-cryptocurrencies

Congressman’s Plea to Ban Bitcoin in the US Validates BTC and Crypto, Says Anthony Pompliano. https://dailyhodl.com/2019/05/13/congressmans-plea-to-ban-bitcoin-in-the-us-validates-btc-and-crypto-says-anthony-pompliano/

What is Bitcoin? Is it an Viable Alternative to Banks and Government Published Currency? Currently THE DOLLAR is used worldwide and THE DOLLAR is Created by the US Government... What If We Didn't USE The Dollar and People that Own Giant Banks like BofA or Chase simply... didn't matter?

What IF Jeff Bezos, who owns a lot of Dollars... Was Just like any other Hoarder? Others Hoard Old Newspapers or Cats or String... Bill Gates and Warren Buffet Hoard Dollars... What if Dollars were Obsolete?

Obviously, Bankers caused a lot of problems in 2008 when they gambled away all their money and had the US Government Bail them out... Bitcoin was invented and became popular soon after the meltdown... 2010 was the first year a person Bought a Pizza using Bitcoins... He found someone willing to trade 10,000 bitcoins for $25.00...

An Interesting History of Bitcoin: The Keiser Report starring Max Keiser and Stacy Herbert.
https://steemit.com/bitcoin/@keiserreport/bitcoin-to-the-moon-for-some-usd1-in-bitcoin-seven-years-ago-usd1-4-million-today

Bitcoin is a cryptocurrency, a form of electronic cash. It is a decentralized digital currency without a central bank or single administrator that can be sent from user to user on the peer-to-peer bitcoin network without the need for intermediaries.
 https://en.wikipedia.org/wiki/Bitcoin

Satoshi Nakamoto is the name used by the unknown person or group of people who developed bitcoin, authored the bitcoin white paper, and created and deployed bitcoin's original reference implementation.[1]
https://en.wikipedia.org/wiki/Satoshi_Nakamoto

Is it possible that Bitcoin is a Threat to The very Concept of Central Banking? Will organizations that depend on controlling Dollars be ANGERED by the Competition and try to Defeat Bitcoin Users? Some Organizations are: The US Government, The Government of Saudi Arabia, Goldman Saks, The Koch Brothers, and Donald Trump...

https://bitcoin.org/en/how-it-works

https://www.weusecoins.com/en/getting-started/