Russell Brand’s recent BBC interview, where he called for revolution, but did not know how, has inspired Max Keiser to remark: “Bitcoin is the currency of the resistance. Allowing people to create their own economy so that it works for them, not the kleptocrats.” Starting at $1 a coin, it now trades at $200 a coin. As Keiser says, “Bitcoin is now an asset class.”
We discuss the revolutionary solution that takes money and power from those who hate and gives it to those who will no longer wait for celebrities and pundits to cogitate, agitate and debate whether or not wristbands and hashtags – oh so quaint – can stop the plunder and pillage by the conmen, hucksters, and banksters backed by the state. Yes, bitcoin. The currency is already creating economic value across Africa, China and the developing world while Brits destroy economic value by moving their money into yet another corrupt bank. In the second half, Max interviews Simon Dixon of BankToTheFuture.com about peer to peer lending and the future in which the population can deploy their own capital in more productive ways.