icon bookmark-bicon bookmarkicon cameraicon checkicon chevron downicon chevron lefticon chevron righticon chevron upicon closeicon v-compressicon downloadicon editicon v-expandicon fbicon fileicon filtericon flag ruicon full chevron downicon full chevron lefticon full chevron righticon full chevron upicon gpicon insicon mailicon moveicon-musicicon mutedicon nomutedicon okicon v-pauseicon v-playicon searchicon shareicon sign inicon sign upicon stepbackicon stepforicon swipe downicon tagicon tagsicon tgicon trashicon twicon vkicon yticon wticon fm

‘Ultimate chess move’: Max Keiser says Russia should adopt bitcoin

‘Ultimate chess move’: Max Keiser says Russia should adopt bitcoin
As Russia continues to move away from the US dollar, RT’s Keiser Report follows the growing calls in the country to recognize bitcoin as legal tender.

According to Max Keiser, since becoming the first country to adopt bitcoin, El Salvador’s GDP is set to triple, and property prices are rising with the influx of people into the country.
 
“It’s the ultimate chess move” for Russia, says Max. “I hope they don’t wait too much longer, because we’ve been on here for ten years saying this exact same thing, my friends in Moscow. You’re going to feel awfully silly when you have to pile in at $300,000-$400,000 a coin when you could have gotten in at a dollar,” he adds.

For more stories on economy & finance visit RT's business section

Dear readers and commenters,

We have implemented a new engine for our comment section. We hope the transition goes smoothly for all of you. Unfortunately, the comments made before the change have been lost due to a technical problem. We are working on restoring them, and hoping to see you fill up the comment section with new ones. You should still be able to log in to comment using your social-media profiles, but if you signed up under an RT profile before, you are invited to create a new profile with the new commenting system.

Sorry for the inconvenience, and looking forward to your future comments,

RT Team.

Podcasts