Bitcoin News

Bitcoin Rate To Surge Over $500,000 Due To Global Hash War

Bitcoin rate is expected to surge over $500,000 if the United States begins a war with Iran and Venezuela over hash-rate rather than the military variety. It is understood that the initial verbal salvo might be fired soon, according to crypto  analyst and TV personality Max Keiser.

At Rt’s Keiser Report, he said that the people from Iran and Venezuela will force the Trump administration to reluctantly embrace the top crypto.

“Iran has already got 3% of global hash rate, so now I think Venezuela will get 3%-5% pretty quickly,” says Keiser, who has been imploring his viewers to invest in bitcoin since it was just $1.

“And then at some point America will say, ‘We’ve got to enter the 21st-century space race of mining bitcoin,’ and then they’ll try to seek 20% of the hash rate, and then security goes up dramatically, and the price goes to $400,000, $500,000.”

Bitcoin represents the reformation of free speech according to Keisays. It is  something governments deny citizens by controlling the currency they use.

“Bitcoin is the Mona Lisa of the 21st century: It’s self-aware, it is observing us through the quantum mechanical aspects of technology, and it’s channeling the eyes of God,” he says.

“So, this is God looking at us through the protocol and trying to figure out, ‘How do we fix this human species because they’ve gone way off track due to central banking?’”

Meanwhile, the Federal Reserve has taken ownership of huge chunks of the equity markets, equal to 30% of US gross domestic product.

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