Max Keiser of Russia Today drops by to explain the genesis and implications of the digital currency Bitcoin, why The Federal Reserve and the banking system should apologise to the people for manipulating interest rates, how Warren Buffett is complicit in the Mexican drug trade by purchasing Wells Fargo, and Max’s crazy times in the 1980s as a New York City stockbroker by day and punk-rock party animal by night.
Also shown in this video are Alessio Rastani Leading Trader and Brian Rose of London Real TV.
Leave Your comments below.
Thanks so much for this interview. I learned a lot while it was also entertaining. I hope you will do this again.
Beautiful 🙂
It made me late for school. I had to watch it to the end and will watch it again and again. Lot’s of good insights. Lot’s of interesting topics. I had no idea that the stock exchange was so uninteresting back in the early 80’s.
Lot’s of other things in here that really got my interest.
Well done. I’ll be subscribing to London Real TV.
Max cracks me up, he has a wild imagination and you never quite know what he might come out with next! To be candid though, I think I’d rather trust my cash with Alessio!
Cheers for the share Alessio. Great stuff 🙂
You are one class act, Alessio. So glad I found out about your site from the Max Keiser interview with Brian Rose. Max is brilliant and entertaining but I like your quiet style more.
It was extremely interesting to watch. Max’s point of view was quite interesting. However, they seemed too ‘hopeful’. He could be right, but there are a number of points that Alessio made which I completely agree with. I am also a firm believer in the idea that if many people are talking about something, then it’s not going to be a profitable investment. Funnily enough, that’s one of the rules of thumb I use for investing/trading. The day that one of my friends or other people who are not investors/trader that I know start mentioning thinks like “Hey Sargis, there’s this new interesting thing called ‘Bitcoin’ it would be a great investment!” If this happens more than once, I will keep myself as far away from it as possible. Funnily enough, in the case of bitcoin, this has already happened to me.
Secondly, I believe Alessio makes a very point about corruption. Nothing is corruption free. Once bitcoin becomes popular and profitable enough, powerful people who need to find a way, will find a way.
And last but not least, I personally would stay away from bitcoin is because of the legal aspects of it. A currency that’s entirely untraceable? Silk Road is just the beginning. Personally I believe the dealing of black market goods will eventually becomes its primary use. Which could someday lead to governments coming up with legislation against, perhaps outright banning it.
Then again I could be wrong. Thank you Alessio, it was an enlightening interview, much appreciated.
Hi Sargis – thank you for your awesome feedback. Much appreciated. Yes as you correctly say, when there is a “buzz” about something, it could be anything, it is best to stay well away from it. Sometimes bubbles can last longer than people expect of course, but I don’t like buying something that others (the herd) also want. Many thanks!
Thanks Gayle. I appreciate that. Max was hilarious and brilliant I admit. Cheers!
Thank you Paul for your feedback on the video. Max cracks me up also, as you probably saw in the video. I am not sure where he comes up with all the genius comedy – but I know there is a serious message behind it. Cheers!
Hey Tom – thanks for your great feedback on the video. Just out of curiosity, which school or what kind of school are you going to? I presume since it is in Italy it is related to the arts? Cheers and all the best! Alessio
Thanks Maggie. Glad you liked the video and I appreciate it. Yes I am sure there’ll be more videos like this soon again. cheers.