Bitcoin will take the place of gold (E1623)

In this episode of the Keiser Report, Max and Stacy look at the biggest asset manager in the world, BlackRock, finally admitting that bitcoin will take the place of gold. They also discuss perfect price discovery. In the second half, Max interviews bitcoin miner, Marshall Long, about the possibility of a hash war between the US and China as the US Comptroller of the Currency warns about China dominating the space. They discuss the true rate of mining supremacy and what the future for the sector holds.

Keiser Report is a no holds barred look at the shocking scandals behind the global financial headlines. From the collusion between Wall Street and Capitol Hill to the latest banking crime wave, from bogus government economic statistics to rigged stock markets, nothing escapes the eye of Max Keiser, a former stockbroker, inventor of the virtual specialist technology and co-founder of the Hollywood Stock Exchange.