Max Keiser Advises People To HODL Bitcoin Now

The lighting Bitcoin price has been making the news lately, growing with a strong momentum. Meanwhile, one of the popular crypto TV hosts Max Keiser advises people to HODL their Bitcoins and follow the latest cryptocurrency news and movements.

In the latest episode of his show, Keiser had Simon Dixon, the CEO of the crypto funding platform BnkToTheFuture, where the guest said that the only exit from the “global reset” of finance will allow central banks to even destroy the banking system itself. The show Keiser Report is hosted by Max Keiser and is well known to fans now, growing a lot in terms of popularity lately.

Discussing the global coronavirus epidemic and its impact on global finance, Dixon warned that the health aspect of the crisis was by no means its worst. As he told the host:

“I don’t want to be dramatic, but this is a global reset in the financial system.”

Coming after this, the guest said that there was a massive “scrambling” for power by governments and central banks. In that way, taxpayers and those forced to rely on fiat money will pay the price.

While Max Keiser advises people to HODL, the guest Simon Dixon continued, stating:

“I think we’re going to see a real attack from central banks on traditional banks as we inevitably experience the ginormous consequences of essentially the world’s largest regulated Ponzi scheme.”

The Bitcoin news now show that BTC is up by 3.79% and at a price of $7,393, which marks another bull run. This is the primary reason why Max Keiser advises people to hold and stakc their Bitcoins instead of withdrawing or spending them.

“You’re going to end up with a very, very horrible, worse version of fiat currency to the one we have now, created by banks as debt,” Dixon continued.

However, Keiser was quick to respond to that – inspired from what he tweeted over the weekend:

“I have a moral responsibility to keep my 2011 #BTC HODL’ed. To legitimize any fiat debt-coupons in any way now… When we are on the edge of victory, would be a crime against humanity.”

Currently, ETH is leading the way with gains, being up by 12.13% today at a price of $173.