For Max Keiser, Fíat money is a scam, while Bitcoin represents positive values.
The specialist considers that Donald Trump is addicted to traditional money and denies it.
Max Keiser, an advisor to President Nayib Bukele in Bitcoin (BTC), said in a recent publication that the US dollar has the days counted.
«The United States is falling apart. The dollar will not survive. Only Bitcoin is money, ”said the specialist.
His message was a direct response to an official statement from the White House, which reveals alleged irregularities in the management of former president Barack Obama and his national security team, in relation to the narrative about Russian interference in the 2016 elections.
The statement Keiser lies in an ideological and economic position that he has held for years. The financial analyst and presenter, turned into one of the most radical voices about Bitcoin, believes that the Fíat system is in its terminal phase and that BTC not only represents an alternative, but the only possible path.
As Cryptonotics reported, the advisor thinks that the collapse of the dollar and traditional financial institutions such as IMF or central banks is imminent, and will occur in less than five years.
In a recent interview, Keiser, faithful to the style he usually shows on his social networks, deepened his vision from a spiritual and apocalyptic approach. He argued that Fíat money is an “addiction based on fear and hate,” while Bitcoin represents “love, altruism and redemption.” According to him, this technology is “the last opportunity that God gives to humanity” to redeem himself after having ignored his teachings.
In tune with this, at the beginning of July, the commentator clarified: “It is not Bitcoin who is killing the dollar, it is USDT”, in reference to the stablcoin anchored to the dollar that dominates the market, issued by the Tether company.
Your comment can be interpreted as a criticism of the use of Stablcoins such as Tether (USDT) that, although linked to the dollar, operate in a decentralized ecosystem that reveals the weaknesses of Fíat money, especially if the reserves that support them are not as solid as stated.
In fact, it emphasizes that part of the USDT reserves are in Bitcoin, so that if its price, which today is around 120,000 dollars, follows long -term rise, it will actually be that it supports USDT while the money fíat devalates.
In the midst of this panorama, the Genius Law (Guonding and Establishing National Innovation for Us Stablcoins), a legislation that regulates the issuance of Stablcoins in the US. UU., It has finally been approved last week with broad bipartisan support and the signing of President Donald Trump.
Genius law seeks to preserve the hegemony of the dollar by demanding that the stablecoins be backed 1: 1 for liquid reserves. Keiser’s vision, however, is aligned with the idea that this measure represents a desperate attempt from the government to support a Fíat system that, according to him, is nothing more than a Ponzi scheme based in debt and manipulation.
In another publication He was even more critical of the president stating: «Trump is making bad decisions because he continues to deny his addiction to Fíat money. We can’t do much until it touches background. I will pray for him ».
Some people may criticize their tone, which combines religion, economy and geopolitics, but the truth is that Keiser’s position sustained for years shows a reality: unlike traditional currencies, that governments can emit in an unlimited way, generating inflation and devaluation, Bitcoin has a fixed maximum supply of 21 million unitswhich protects its value against the loss of purchasing power if it has demand.
Meanwhile, state money can be used to finance deficits and increase public debt, which brings negative consequences for the real economy and savings of people.
