Max Keiser – well-known cryptocurrency investor and founder of Heisenberg Capital Ltd company – has claimed that the aim of Bitcoin is to solve all the problems of fiat money, as bitcoindoubler2x.com has got to know.
In his presentation under the name “Why Bitcoin is Important on Developing Markets” Keiser has expressed roughly enough about traditional economy and fiat money, whose whole value rests on trust in governments. He believes that exactly BTC has to solve all the issues of common money.
“The raging violence of fiat money must be replaced by the peaceful nature of bitcoin. Bitcoin is the currency of global revolutions and the nightmare of usual money” – Keiser said.
Also, he has ironically noted that when it is about regulators, trying to limit the spread of Bitcoin and other cryptocurrencies, co-workers of these regulators receive salaries in fiat. According to him, no wonder that governments feel the danger of digital assets.
At the beginning of December Keiser has stated that eventually cryptocurrencies will absorb and supplant national currencies. In addition, he has noted that in perspective Bitcoin`s price will only grow and by achieving $100 000 it will absorb usual fiat money.