Max Keiser, host of his financial program Keiser Report stated that Bitcoin has the potential to have a major role in the modern global financial world due to its fundamental value.
On New Years Day with Keiser Report, it was pointed out that Germany is currently working on an alternative to the current system Swift, which is the global financial payment network based out of Belgium, but was said that United States is the leader in the network.
A replacement to that [SWIFT] begins the end of the US Dollar hegemony. Bitcoin also emerged in 2009, and that is starting to take over and get bigger despite de price crash
The prices are down
But in terms of where Bitcoin is going, you and I have been involved with this space since 2011, weve seen it crash 94% in 2011, and it crashed something like 88 to 91% in 2013, 2014, 2015
So weve seen a few of these crashes, but what I do know from experience
In the past, during these previous crashes, a lot of building took place during that time, robust companies were built. They were no longer distracted, engineers are not distracted by price increases of 10, 20 or 30% a week
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