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$500k Bitcoin: The Fed will be 'abolished', BTC will be global reserve currency, gold will hit $5k

The demise of the Fed is coming, and with the collapse of the present financial system comes the adoption of Bitcoin as the brand new world reserve foreign money, mentioned Gareth Soloway, chief market strategist of IntheMoneyStocks.com.

“What I am really calling for is a complete collapse of the financial system, really. So, there must be a reset. And I do suppose that what we will undergo as a rustic, as a world, is one thing that is going to equal if not worse than 1929 within the thirties of the Nice Despair, it’ll be cataclysmic. However from its mud, Bitcoin and cryptocurrencies will rise and be the way forward for society,” Soloway instructed David Lin, anchor for Kitco Information, on the Future Blockchain Summit in Dubai.

Comply with David Lin on Twitter: @davidlin_TV (
Comply with Gareth Soloway on Twitter: @GarethSoloway (

0:00 – Bitcoin worth efficiency
3:25 – Bitcoin ETF
5:53 – Key ranges for $BTC
8:22 – Demise of the Federal Reserve
14:55 – Shares
15:41 – Future #Blockchain Summit


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