Bitcoin will beat gold by 100x, altcoins will get ‘shut down,’ go to 0 – Max Keiser

“There is no top price for Bitcoin because there is no bottom for fiat money” said Max Keiser, Host of The Keiser Report.

“If you are going to price Bitcoin and fiat money, the price is infinity, because fiat money has no bottom, while Bitcoin has no ceiling.

“Everything that came after Bitcoin is essentially saying we are like Bitcoin, but because of the way it’s done there is an expectation of cashflow.

“Bitcoin is decentralized, but altcoins are all either absolutely centralized or relatively centralized to Bitcoin.

“Ethereum is centralized garbage, its transactions are reversible as they have been many times in the past.

“It’s a completely nebulous number, and the supply keeps expanding extemporaneously depending on the central committee of Ethereum that decides, without any understanding by the market what is going on to run the networks,” Keiser emphasized.

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