RATE Group | Bitcoin adoption to be driven by collateralized services: Max Keiser
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Bitcoin adoption to be driven by collateralized services: Max Keiser

Bitcoin adoption to be driven by collateralized services: Max Keiser

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The Bitcoin ecosystem is currently going through a period of turmoil due to a combination of pressures from the alarming bear market, incoming regulations, and investors’ mixed feelings about crypto-assets. Bitcoin maximalist Max Keiser has been an active investor in the space and recently featured in a CB News interview to share his views on the present state of crypto.

Drawing a difference between traditional finance and cryptocurrencies, Keiser stated that the crypto-ecosystem tends to be “more emotional and lacks maturity.” This is mainly due to the fact that “technologists are coming into the money market and currency business”  having no experience of market finance, he said.

Speaking about the ongoing bear market, Keiser stated that he had witnessed similar patterns previously, citing the example of the 1980’s stock market run up, silver market, and the Dotcom business boom. The entrepreneur added that the crypto-market is currently experiencing…

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