NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: Bitcoin Hits ATH Of $112,000, Expert Predicts Rally Is Just Beginning
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: Bitcoin Hits ATH Of $112,000, Expert Predicts Rally Is Just Beginning

Bitcoin is Transforming Geopolitics like Gunpowder Did, Says Crypto Commentator

Rick Delafont
Rick Delafont
1 year ago
3 mins read
gunpowder bitcoin

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

For many of its earliest proponents, Bitcoin represents much more than an investment vehicle. For its most ardent supporters, the cryptocurrency has the potential to entirely dress the global balance of power.

One of its most vocal proponents over the years has been RT’s Max Keiser. The presenter believes that Bitcoin is now starting to be recognised as a potential threat to the planet’s existing power structure by some of those at the very top of the system.

Max Keiser: Brad Sherman Teaching the World “How to Destroy the Dollar” with Bitcoin

On the latest edition of the RT segment Keiser Report, the presenter, along with co-host Stacy Herbert, discussed the growing “de-dollarisation” trend around the globe. NewsBTC has reported previously on efforts by Russia, China, and Europe to reduce their dependence on the US national currency for world trade.

Keiser believes that countries are starting to realise the control that the US can exert on other nations simply its own currency being that favoured for final settlement. He details how the US profits off the dollar being used for international trade, also highlighting that the dollar’s global dominance allows for the US to exert control over the policies of other nations through economic sanctions.

The presenter considers using dollar dominance to punish nations an act of aggression:

“Weaponisation of the dollar. So, it’s the dollar as a weapon and sanctions are an act of war.”

He adds that nations are tired of the dominance the US exerts over them and are rapidly trying to move away from the dollar. One of the alternatives, according to him, is Bitcoin. Similar to gold only easier to use, the presenter believes that the cryptocurrency will allow nations to skirt “around America’s empire of debt.”

Keiser argues that political leaders are beginning to take note of the threat posed by cryptocurrencies like Bitcoin to the current balance of power around the world. The US has been quite explicit about its desire to maintain dollar dominance for the perks it comes with. At a recent Congressional hearing about Facebook’s Libra, Congressman Brad Sherman said:

“Cryptocurrency either doesn’t work, in which case investors lose a lot of money, or it does achieve its objectives perhaps and displaces the US dollar or interferes with the US dollar being virtually the sole reserve currency in the world.”

With reference to the above quotation, Keiser remarks that at least Brad Sherman is smart enough to understand that Bitcoin threatens the hegemony of the US dollar and by extension the United States’s privileged global position. The presenter jokingly adds:

“Someone should tell Brad to quiet down. He’s giving the recipe book to foreign powers, how to destroy the dollar.”

Elsewhere in the interview, Keiser describes how well Bitcoin is suited for final settlement of transaction. Rather rely on institutions. typically in the US, to oversee final settlement of gold, oil, or fiat currency, Bitcoin is unique in that it’s “self-settling”. Likening the invention of Bitcoin to that of gunpowder, Keiser states that the cryptocurrency will change entrenced geopolitical power structures in the same way that firearms did:

“You can’t ‘uninvent’ gunpowder. Bitcoin has changed the whole notion of what money is and you can’t uninvent it.”

 

Related Reading: Bloomberg Analyst Explains Why Bitcoin Price is “Caged” by $8,000 to $12,000 Range

Featured Image from Shutterstock.
Tweet123Share306ShareSend
Rick Delafont
Rick Delafont

Rick Delafont

Based in Europe, Rick has written about the cryptocurrency industry since 2016. He was first drawn to Bitcoin as a means of payment but quickly became fascinated by its wider potential implications. His interests lie in the political, economic, and social impact of the unfolding digital asset revolution.

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

Bitcoin price news

The Bitcoin Liquidity Supercycle Has Just Begun, Says Hedge Fund CEO

Bitcoin punched through a fresh record above $122,000 on the morning of 14 July, extending its month-long rally to more...

Jake Simmons 4 hours ago
Bitcoin Price Attempts a Comeback

Bitcoin Price Hits $120K Milestone — Bulls Make History Again

Bitcoin price started a fresh increase above the $116,500 zone. BTC is now up over 2%, traded to a new...

Aayush Jindal 5 hours ago
Bitcoin price news

Bitcoin Price Crash Possible As Correction Sentiment Takes Hold — $110,000 Next?

After hitting a new all-time high of $121,400, the Bitcoin price has started consolidating once again, although the support continues...

Scott Matherson 5 hours ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

Crypto expert: Bitcoin koers gaat snel exploderen naar $250.000

Bitcoin Price Breaks 8-Year Resistance Line That Failed In 2017-2021

Scott Matherson 1 hour ago
미래의 암호화폐 가격을 예측하는 코인 선물 게임 출시

암호화폐 미래 가격 예측 ‘코인 선물 거래’ 주목…전 세계 이용자 급증

Soyeon Lee 1 hour ago
Stellar

Stellar (XLM) Set To Explode? 92% Rally Sparks Bullish Frenzy—Details

Christian Encila 1 hour ago

Premium Sponsors

Press Releases

  • 3 altcoina koja vrijedi pratiti u drugom tjednu srpnja 2025.

    3 altcoina koja vrijedi pratiti u drugom tjednu srpnja...

    1 hour ago
  • Mint

    Zak Manhire Launches Mint. io: A Web3 Gaming Platform...

    4 hours ago
  • アルトコイン急騰の今買うべき仮想通貨プレセール

    ...

    18 hours ago
  • 仮想通貨おすすめ|強気市場で爆発的成長が見込まれる注目のミームトークン

    ...

    19 hours ago
  • ...

    19 hours ago

Newsletter

Be the first to get the latest important crypto news & events to your inbox.

  • This field is for validation purposes and should be left unchanged.

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.