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3 Ways Staking Will Upend the Economics of Ethereum
https://www.coindesk.com/3-ways-staking-will-upend-the-economics-of-ethereum
What is Staking? Ethereum’s Replacement for Mining
They can afford to sell off some of their tokens at a loss and 'buy into them' because they know they're going to pump price much higher.
The goal is always to gain market share of the token.
They will also use NEWS as a catalyst to offload their bags and 'spark' the price. pic.twitter.com/1TVc80MmFe
— Jacob Canfield (@JacobCanfield) October 27, 2019
CHINA’S ‘DCEP’ CRYPTOCURRENCY WILL BE GOLD-BACKED
China’s ‘DCEP’ Cryptocurrency Will be Gold-Backed: Max Keiser
Max Keiser: China secretly hoarding gold and will unleash crypto backed by metal and destroy USD
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Thus the new that China Government is staking btc because they believe it will become reserve currency is just bulls*it. They do not care of btc because their crypto will be backed by gold and become the standard coin for a big share of the world.
Excellent information. Thanks. I did follow jacob canfield and I appreciated him.
China's gold back crypto is only worth as much as you trust the Chinese and the gold they posses. I don't like stable coins in general, there value is based on Fiat or commodities not on there own Merritt's.
Hi
Where keep/stake eths to gain interest? Specific wallet? Where? I have a few but not certain how this works…the mechanics
Great videos as usual
Thanks
LOVE Max Keiser & Stacey!
Are there any states in USA that prohibit?
Ethereum can easily triple in value in the short future..
Sounds like selling of more dreams for bitcoinists, who supposedly will be able to exchange Bitcoin to millions of dollars. What benefit would China get from destroying dollar and euro along with it? It would loose all buyers from US and EU because of diminished buying power for some time.
Max knows a lot. His energy was full on alarm bells. Maybe John McAfee and Max should do a Vlog together. Now wouldn't that be an interesting show?
I believe the transition is inevitable and it will come quickly. Save your fiat and buy precious metals, and crypto folks.
You should say ether when referring to the currency.
Joseph Lubin mentioned they're working on a wall plug-in that you send your 32 ETH to validate.
I'd rather buy half a bitcoin
It's hard to not think in terms of dollars. Max made a good point regarding value of gold and bitcoin going to infinity….in USD since dollars will soon be worthless. Exciting times…if you're prepared.
I don’t believe anything said in media. Generally the truth is the opposite of what the talking heads say.
Will exchanges offer the interest? Like Gemini or Binance?
what nonsense, its nothing different then any other market. Rich people can and will ALWAYS manipulate markets, that is what is the market….. This information is completely useless
Surprises me how many people are chirping eth, it's the largest development community in smart contracts right now, switching to pos is amazing! Also keep in mind vitalik has also kept a long term goal in mind, he was COMPLAINING during the 2017 bull market because we have not achieved any of the bigger vision. He never fuds, always is thinking longterm, has the biggest developer pool, is most decentralized of smart contract platforms, and now is moving towards pos… I'm so exited for the next 5 years of eth!
7:56 listen to what she asks him! Listen to his response! He never answers her question! THERE IS NO SOURCE! HE CAN NOT answer!
Max talks a lot of garbage.
How much u think it will be in 10year
People will join ETH pools, so a lot will be staked.
If keep in coinbass do I get
Good coverage and visibility on the upcoming ethereum 2.0. Thumbs up on my end.
Were do u got to hood at
Nice channel, but to much breast beating. I quit.
Everyone needs to watch that entire max keiser interview if not for the info, for the sheer entertainment value ?
I know one of my biggest mistakes in life will be not holding eth. I think ETH is going to be even bigger than we think.
I own the correct amount ETH – 0.000000000000000 Shit coin.
I don't like ethereum.
i'm going with zero
The only thing Max didn't mention is the dollar is backed by something stronger than gold, it's the US military!? And I think the US federal reserve is doing a great job of putting out the dumpster fire with paper.?
9:08 – Notice he said "We're" rolling out. This dude is in Chinas pocket, lol.
Re Chinese cryptocoin backed by gold, I suppose a base conversion, such as one grain of gold equals one "crypto Yuan." (Or perhaps one-tenth of a grain.) Assuming that Max K isn't a front for a whale(s), his prophecy probably relates to intergovernment financial dealings. That is, the Chinese government sees the possibility of making its new cryptocoin the new reserve coin of the world. The leadership of the West has had smart people running its money operations since Bretton Woods (monetized debt, fractional banking & derivatives) but they seem to have lost control of it – like the Sorcery's Apprentice. Another model for the system is inevitable. (Don't be surprised if the U.S. leaders have a Manhattan Project related to cryptos; they won't give up power and control without a fight. Whatever model they develop will be basically for them to retain power. It will never be for the people. Substitute "party leadership" for China, and you will probably be close.) Nice people anywhere in the world will, as is usual, not "be winners."
Kitco is a website that also sells gold, so take that information with a grain of salt.