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the thing with fake stream media is that the few hundred people left who still watch it are mostly vaccinated fluoridated and dumbed down in 12 years of communist style government and dr. nation camps so the people who do watch have no idea what kind of absolute garbage they're watching you could probably sit them in front of an etch-a-sketch with the word stocks crudely written on it and they wouldn't notice a difference between that and CNBC that must be the only reason Jim Cramer still even has a job only in a world where the audience are brainwashed zombies could Jim Cramer's say Bear Stearns is fine when it was trading at 62 dollars in 2008 and then six days later the company was sold to JP Morgan for $2 a share and Cramer still has a job to this day at CNBC should I be worried about Bear Stearns in terms of liquidity get my money out there no no no Bear Stearns is fine do not take your money out is it so when we heard Jim Cramer just said on CNBC that Bitcoin was going to 1 million dollars we shuddered everything Jim Cramer says is completely moronic and usually totally wrong and you can usually make money by doing the exact opposite of what he says so it was very worrisome to hear that he thought Bitcoin was going to 1 million dollars but then I watched the video we got to talk to you about how yes that you when you get hit by cyber by a cyberattack and ransomware you have to pay them in Bitcoin now did you guys know this when you can hit and you're not sure how to do Bitcoin that these cyber attackers have customer service desks to tell you how to buy Bitcoin to pay them now I know right this is not position they have customer service test and you want to know why big one of the reasons what they've got Dell there are many reasons why pickle in their whole countries they're trying to get money out of their country with Bitcoin but I think the idea that when you're attacked and they give you a customer service they give you an 800 number to dial tell you how to buy Bitcoin so that you can get your computer run frozen I mean this is a business it's a supermarket it's long-standing why I wanted was supermarket finance supermarket is about this year it's global right clearly although no intrinsic value limited supply right as Henry Blodgett told us the other day it could literally go to a million dollars I think that it could because the European banks are frantically trying to buy them so that they can pay off ransomware it's a short circuited way to sort short-term way to be able to deal with cyber security but it is the way to pay off the bad guys because they don't want it the betterment bearer bonds you know like the bonds it's the way you pay them is Bitcoin sure his reasoning for why Bitcoin will go to 1 million dollars is the most ludicrous and same thing I've ever heard which is par for the course from eardrum cracking Kramer according to him bitcoin won't go to 1 million dollars because it's a paradigm shift and evolution and money banking and finance no the reason it'll go to 1 million dollars per Bitcoin is because people will need it to pay blackmail he said I think it could because the European banks are frantically trying to buy them so they can pay off ransomware it's a short-term way to be able to deal with cybersecurity it's a way to pay off the bad guys coin Telegraph con blew this theory out of the water within seconds saying in the case of wanna cry ransomware the biggest ransomware attack in history the distributor's earned less than one hundred thousand dollars that's only point zero zero one two percent of the European Bitcoin exchange market thus to say that the Bitcoin price is rising because of point zero zero one two percent of traders from the fifth largest Bitcoin exchange market is not an accurate depiction of the surging Bitcoin price not to mention we already out in want to cry as a globalist false flag no need to panic sell Bitcoin Kramer did say it would go to 1 million dollars but his reasoning was perhaps the most ridiculous thing we've heard yet about Bitcoin he always makes the health ranger look like a Bitcoin genius there are some good reasons to speculate that Bitcoin could eventually be worth 1 million dollars in fact I did that all the way back in 2013 in my article the dollar is a barbarous relic the rise of Bitcoin in it I made the case for why the US dollar and all other fiat currencies will be worthless in the coming decade and then just did the basic math on what Bitcoin would be worth it to replace the US dollar and was used worldwide as currency here's what I said in 10 to 15 years if things go well bitcoin will be real money accepted worldwide and it will be worth the equivalent of 1 million dollars in today's dollars and of course the dollar wouldn't be anything but a bad memory then where do I get the 1 million dollar figure from well there are many ways to attempt to calculate the value of a Bitcoin but if you make the assumption that in 10 to 15 years Bitcoin is a worldwide used currency much like the US dollar is today then all you need to do is look at the total dollar value of US dollars outstanding which depending on your method of calculation could be anywhere from 4 to 12 trillion dollars and divided by the total amount of bitcoins outstanding let's use the 12 trillion dollar figure for ease of use and let's assume there are 12 million bitcoins outstanding in 10 to 15 years also for ease of calculation that number works out to 1 million dollars per Bitcoin the fact that four years later Jim Cramer is on CNBC talking about Bitcoin going to 1 million dollars to pay blackmail his hilarious and just how behind the times they are I actually appeared on CNBC in 2013 my only appearance and while they acted like Bitcoin was weird and scary I finished off by saying that the current monetary system is much more scary than any ideas they have about Bitcoin yeah you say it's really weird how bitcoins came about but that's really the free market at work and the internet is the last place where there's actually a free market on earth and poor see in the u.s.
that doesn't exist anymore there's no real freedom anywhere on earth except for on the internet and these are the kinds of really interesting citing innovations that can come from the free market this monetary system we have today is much more dangerous than anything Bitcoin has they've never invited me back since apparently you're not supposed to let people know about the coming dollar crash ahead of time no big deal though the dollar vigilante has about the same total audience of CNBC does on the internet now anyway if you still don't fully understand cryptocurrencies down in the notes below there's a special discount to our newsletter and access to our book Bitcoin basics and also I've done a special four video series showing why cryptocurrencies are so important if you watch them all and want to get more info afterwards we'll send you your first fifty dollars in Bitcoin directly from me personally don't be like the health ranger in Jim Cramer and look like an idiot in public with no knowledge about cryptocurrencies check out our Bitcoin book and free for video series in the notes below no matter what you do though turn off CNBC and the television programming it's called programming for a reason stick with us here at dollar vigilante com or subscribe to us on YouTube or like us on Facebook and also check us out on Steam it com speaking of steam you may recall our video steam explodes higher it's time everyone looks at steam it again from just a month ago at the time steam was trading at 25 cents it's currently trading at 2 dollars and 50 cents for a nice 1000% game turn off Kramer in CNBC and stay tuned here for more getting and staying rich requires two things getting involved early enough on a trend where you can be almost certain huge exponential returns and protecting your gains from taxation inflation confiscation theft and lawsuits thanks to the cutting-edge technology Bitcoin the nation less private banking system offers real opportunities for both learn how the nation lists private banking system provides a platform for amazing profit over the next decade while protecting your current savings from a collapsing dollar for free click on the link for more information and for a limited time learn how to qualify for a deposit of 50 US dollars worth of Bitcoin to your private bank account
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