Max Keizer: “Russia and China Must Add Bitcoin to Strategic Reserves”
Max Keiser, the host of Keiser Report, made a statement that Russia and China should have Bitcoin in their reserves after making a return in the gold standard USA. At least at the moment, Keiser’s idea doesn’t seem like a very possible thought.
400,000 Dollar Forecast
Since 2011, Keiser is one of the oldest names who share his positive thoughts about Bitcoin and constantly introduce Bitcoin, both in his TV program and in his statements. In addition, Keiser correctly predicted that Bitcoin would be one of the biggest and most talked-about developments in 10 years.
Keiser, on the other hand, is a strict US dollar critic. Keiser often says that the dollar is not supported by anything, so it has no value. In fact, he once shattered a $ 10 bill during his statements.
In addition, the famous name has recently stated that Bitcoin can see $ 400.00. Although this idea of Keiser seems quite utopian, it should be remembered that the predictions made by the famous name in 2011 were realized.
Russia, China, and Bitcoin
Despite all this, Keiser’s latest theory seems extremely impossible. Bitcoin has been a banned asset in China since 2013. The communist state did not attempt any cryptocurrencies even after Xi Jinping’s positive statements about Blockchain in October 2019.
Besides, Russia is far from being a cryptocurrency center. Leading the legal department in Bank of Russia (BoR), Alexey Guznov opposed the legalization of crypto transactions and the release of cryptocurrencies. However, Guznov also underlined that having a cryptocurrency does not face any prohibition.