Max Keiser: US hash war with Iran can send Bitcoin’s price to $500,000


The price of Bitcoin (BTC) will reach USD 500,000 because the United States will start a giant hash war with Iran and Venezuela, and it has already begun.

In the last episode of his television show Keiser Report, Max Keiser predicted that the Iranian and Venezuelan regimes would force the Trump administration to adopt BTC.

Keiser: God is watching us through the Bitcoin protocol

With Tehran already able to control 3 percent of Bitcoin’s hash rate, and Venezuela, accepting – briefly – the payments from BTC, it’s only a matter of time before the United States joins the fight for Bitcoin supremacy.

Paul Tudor Jones will be the largest Bitcoin holder in 2 years, according to Max Keiser
„Iran already has 3% of the global hash rate, so now I think Venezuela will get 3-5% pretty quickly,“ Keiser said.

„And then, at some point, the U.S. will say, ‚We have to get into the Bitcoin space mining race of the 21st century,‘ and then they’ll try to get 20% of the hash rate, and then security will increase dramatically, and the price goes up to $400,000, $500,000.

For Keiser, repeating previous arguments, Bitcoin System represents the „freedom of speech reform“ that governments deny citizens by controlling the currency and therefore their entire position within the state.

BTC payments would now be disqualified from paying for Venezuelan passports
„Bitcoin is the Mona Lisa of the 21st century: she’s self-aware, she’s watching us through the quantum mechanical aspects of technology, and she’s channeling the eyes of God,“ he continued.

„So this is God looking at us through protocol and trying to figure out, how do we fix this human species because they’ve gone off course due to central banking?“

„Uncensurable, unmistakable, indestructible wealth“

The current situation in macro markets in the face of the suffering of many Americans, exemplified by the Black Lives Matter protests, reinforces Keiser’s argument.

„The protests don’t do anything, they have to buy BItcoin,“ says Max Keiser
The anger with the government, and the dilution of the US dollar, contrasts with the stock markets which are seeing their best quarter since 2011. At the same time, the Federal Reserve has taken over huge portions of the stock markets, equivalent to 30% of US GDP.

Last week, Keiser called on protesters to abandon their retaliatory mode and simply buy Bitcoin.

He summed up:

„The truth is, if you want individual sovereignty, if you want justice, if you want uncensored, unmistakable, indestructible wealth, there’s only one way to go, and that’s Bitcoin.“