[Max Keiser’s post on “Project Satoshi” about the bank collapse]
Max Keiser, a well-known Bitcoin supporter, recently commented that the U.S. banking industry is "entering a new dark age," which he believes is consistent with the predictions of Satoshi Nakamoto (who created Bitcoin).
The article, published by Zerohedge, quoted billionaire CEO Barry Sternlicht of Starwood Capital Group, who predicted that regional and community banks in the U.S. will begin to fail once or twice a week. Sternlicht noted that due to The Federal Reserve System continues to raise interest rates, dealing a heavy blow to the real estate industry and related local banks, which will lead to a real estate loan crisis similar to that of 2009.
The Federal Reserve currently faces a dilemma: continue to maintain high interest rates to control inflation, or relax interest rates to avoid economic overheating. Economic sectors that are highly dependent on loans will be difficult to survive in a high interest rate environment. Keizer believes that this is exactly what Satoshi Nakamoto envisioned.
Additionally, Keiser supports Rich Dad Poor Dad author Robert Kiyosaki’s prediction of an imminent collapse of the U.S. economy. Kiyosaki calls for investing in Bitcoin, physical gold, and silver, and predicts that the prices of these assets will rise significantly. Kiyosaki even predicts Bitcoin will reach $100,000 before the end of the year, Keizer believes that Kiyosaki is basically right about the rapid decline of the U.S. economy.
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