Topic: Microstrategy

Warren Buffett's decision to sell 55% of his Apple stock is interpreted as a move to raise cash due to overvaluation and a pending leadership transition. Keiser criticizes Buffett for not holding Bitcoin, contrasting him with Michael Saylor of MicroStrategy, who transformed his company by adopting a Bitcoin standard. The segment suggests the U.S. should sell debt to acquire Bitcoin to leverage its way out of a $32 trillion debt hole.

Max Keiser characterizes central banking as an "accounting fraud" that inevitably leads to war as a means of squaring global books. He cites Christine Lagarde's description of Bitcoin as an "escape hatch" that governments fear because it separates money from the state. Keiser contrasts the "crumbling" infrastructure of the United States with the "joyous" atmosphere and public works projects in El Salvador.

Keiser discusses a planned meeting between Jack Dorsey and Elon Musk on July 21st, characterizing it as an "intervention" to sober Musk up from his altcoin obsession. He notes that Dorsey's company, Square, is heavily invested in Bitcoin and that Dorsey has expressed a desire to focus exclusively on the cryptocurrency. Keiser also promotes his upcoming event at the Spider House in Austin on July 8th.

Max Keiser sets a 2021 Bitcoin price target of $220,000, arguing that purchasing power is guaranteed to increase despite market volatility. He highlights a new economic model developed by "Podfather" Adam Curry that uses Bitcoin Satoshis for streaming payments in podcasting. Alex Jones expresses regret for not following Keiser's advice sooner but commits to investing 10% of the Infowars treasury into the cryptocurrency.