In this episode of the Keiser Report, Max and Stacy discuss the passing fad that was ‘fiat,’ as even derivatives-wielding banksters start buying precious metals. In the second half, Max interviews JP Baric of Aurum Capital Ventures about the latest on bitcoin mining and whether or not it is actually an ‘energy arbitrage business.’ They discuss the fact that the bitcoin protocol is the TCP/IP of money. As the internet disintermediated entire industries out of existence, so too will bitcoin disrupt the energy industry, as well as the time and influencer industries.
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