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In this episode of the Keiser Report, Max and Stacy discuss the fallout from Congressman Brad Sherman’s recognition that bitcoin may replace the dollar as a unit of account. They look at Anthony Pompliano’s vision of that and at the “increased probability, that we are moving to a world, where non-sovereign currencies are the default.” In the second half, Max interviews Jack Mallers of Zap, a Lightning Network wallet, about his new design for bitcoin derivatives contract. If bitcoin miners are the farmers of the bitcoin as a commodity market, they need a way to hedge difficulty adjustments, so Jack is working on the contract to provide that hedge.
Listen to this episode on Soundcloud: https://soundcloud.com/rttv/sets/keiser-report-1
WATCH all Keiser Report shows here:
https://www.youtube.com/playlist?list=PLPszygYHA9K302vF9LY8cZJ4_VJB8P347 (E1001 – E1200)
https://www.youtube.com/playlist?list=PLPszygYHA9K3PH1O090X7qlN2_fxziU5M (E1201 – Current)
RT LIVE https://www.youtube.com/watch?v=IFAcqaNzNSc
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