In this episode of the Keiser Report, Max Keiser and Stacy Herbert discuss the Jon Corzine of bitcoin trying to concern troll his way into a bailout and failing. And while 6 percent of all bitcoins allegedly went missing via Mt. Gox, every year 3 percent of China’s GDP goes missing into property and bank accounts in the US, Canada and Australia. They also look at a recent study that friends of ex-Treasury Secretary Timothy Geithner were rewarded by the stock market as much as friends of Suharto were in Indonesia. In the second half, Max interviews Charles Hoskinson, a cryptographer and one of the people behind a new crypto start up called Ethereum. They also discuss cryptography, bitcoin and maxcoin.
Keiser Report on Bitcoin
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