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Bitcoin reduces new coin supply on a fixed schedule, Max Keiser notes

Bitcoin reduces new coin supply on a fixed schedule, Max Keiser notes
Bitcoin supply halves unlike Ponzi schemes

Max Keiser, Chairman and President of Volcano Energy, argued that Bitcoin’s issuance schedule operates in direct contrast to a Ponzi scheme. He stated that Bitcoin cuts new coin issuance in half roughly every four years, making its supply of new coins shrink on a fixed and transparent schedule, whereas a Ponzi scheme requires continuous and increasing inflows of new money to pay earlier participants.

Keiser recently pointed to a wave of French and French Canadian savers shifting funds to Bitcoin and relocating to El Salvador, attributing the moves to years of GIABO warnings in previous commentary. He has also described El Salvador under "Bukelenomics" as a leading example of national Bitcoin strategy, calling it "Bitcoin Country" in earlier analysis. Both observations reflect his ongoing focus on adoption trends and governance.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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