Max Keiser, a celebrated TV host, has proclaimed that the ongoing coronavirus will push Bitcoin price to hit $100,000 in 2020. Keiser suggested that once this happens, banker Jamie Dimon will be begging the US central bank, the Federal Reserve, for money to buy some Bitcoin. This recent pronouncement follows Keiser’s prediction earlier this year that the cryptocurrency’s price will reach $400,000 in the future.
Keiser, a well-known Bitcoin supporter, made these predictions during a recent episode of his RT news magazine show, The Keiser Report. He opined that the global panic resulting from the coronavirus outbreak would have a huge impact on Bitcoin’s adoption in 2020.
The celebrated TV host explained that the ongoing epidemic would serve as the second part of the global financial crisis. The Bitcoin white paper creation in 2009 was against the backdrop of the initial global financial crisis that occurred in 2008. Now, Keiser thinks that a repeat of the global crisis could catapult the Bitcoin price to new heights saying to fellow TV presenter Stacey Herbert
Now Bitcoin will experience part two of the global financial crisis — it’s already close to $10,000 a coin…. This is the global financial crisis that will catapult the price to $100,000 and beyond.
Keiser proceeded to offer his opinions about Bitcoin and fiat by referencing a dream Jamie Dimon had. Last month, the JPMorgan CEO and strong Bitcoin critic had alleged that he had a dream in which there was a widespread coronavirus infection among World Economic Forum attendees in Davos. Dimon said he appeared happy in the dream, albeit only sarcastically, while the disease had potentially killed the most powerful people in the global finance sector. While talking to CNN about the dream, Dimon said
The only good news from that is that it might have just killed the elite
Keiser however, remained unimpressed by Dimon’s dreams and flipped the script on him saying
He’s confusing the coronavirus with the Bitcoin virus; the same thing with Peter Schiff
The celebrity TV presenter further doubled down on his criticism of Dimon and Schiff saying they will be left out of the Bitcoin due to their continued skepticism
Their minds are being hacked by the Bitcoin virus. Soon Jamie will be a blathering idiot on the ground begging the Fed for money to buy Bitcoin. He’s going to turn into a kind of street urchin. Same with Peter Schiff.
In the meantime, Bitcoin investors continue to watch the markets looking for signs of any price surge as the coronavirus continues to spread globally.
Image courtesy of Pixabay
Don’t worry, we hate spam too
one weekly digest, just the important stuff.