In this episode of the Keiser Report, Max and Stacy discuss the cryptocurrency markets reacting to news that one exchange has moved 25% of all Litecoin in existence. The good news was that it was able to transfer so much value for barely any fee at all. The bad news: If an exchange is able to move customer coins that means those same customers do not actually own the coins! It’s barely one step above PayPal, but without the protection against theft. In the second half, Max interviews derivatives trader and analyst Tone Vays of Unconfiscatable.com about the future he sees for bitcoin – both technical and fundamental – and why you should hold your own keys.
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