Max Keiser: “The dollar is already dead; Bitcoin is only fulfilling its destiny”

As the United States faces a new government shutdown, the veteran analyst and one of the staunchest defenders of Bitcoin, Max Keizeraffirms that the event is much more than a political crisis. For him, it is the symbol of the end of fiat money and confirmation of the original purpose of the main digital currency.

“The fate of the dollar was sealed in 2009”

In a recent interview with the media BeInCrypto, Keizer described the current moment as “poetic” and “predictable”. According to him, the story of the fall of the dollar began on January 3, 2009the day the genesis block Bitcoin.

“The second the genesis block was mined, the fate of the US dollar and all fiat money was sealed. The 300-year experiment with central banks was over. It failed. You can’t print prosperity,” Keizer said.

The veteran investor has argued for more than a decade that the collapse of centralized systems is not a theoretical possibility, but an inevitable consequence of their own design.

Bitcoin as a mirror of the collapse of the fiat system

For Keiser, the recent rise of Bitcoin —which reached an all-time high of USD $126,199 — it’s not a coincidence. It is a direct manifestation of the loss of confidence in the traditional system.

“Every time governments fail to keep their word or close their doors, Bitcoin rises. It is the inverse of trust in the State”he explained.

Keizer maintains that Bitcoin It is not a rebellion against the dollar, but a natural correction in economic history. “It’s not a revolution. It’s an evolution. Bitcoin simply replaces what stopped working,” he said, emphasizing that the current moment is a kind of poetic justice, given that the digital currency is proving stronger at a time when governments are structurally weaker.

“It is the market giving its final verdict to money without backing. The dollar, the euro, the yen… they all depend on faith, not truth. Bitcoin, on the other hand, is based on mathematics, not politics,” he added.

For Keiser, the fall of the dollar does not mean chaos, but transition: the move from an inflationary system, dependent on debt, to one based on verifiable scarcity.

“You cannot establish trust”

Keizer also criticized the monetary expansion policies that characterized the last decade in the United States, arguing that successive rounds of “quantitative easing” eroded the credibility of the financial system.

“You can print money, but you can’t print trust,” said. “And trust is the only thing that supported the dollar,” he added.

The government shutdown, in his opinion, is not an isolated event, but evidence that the American political and monetary system has reached its operational limit.

On the contrary, Keizer considers that the integration of Bitcoin on technological platforms such as Cash App and Squaredriven by Jack Dorseymarks a point of no return. For him, each step towards financial digitalization confirms that “the future does not belong to the banks, but to the code.”

“Jack Dorsey just drove another nail into the coffin of the banking system. Programmable money is here to stay, and no central bank can stop it,” Indian.

The dollar as a nominal relic

About the future of stablecoinsKeiser was scathing. He assured that even if the name “USD” remains, it will no longer represent what it once was.

“Stablecoins will still use the word ‘dollar’, but it will be an empty shell. A term with no relation to the US Treasury or any real asset,” held.

In his vision, Bitcoin It does not need to physically replace the dollar: it is enough to make it irrelevant.

For Max Keizer, each new political crisis in Washington only accelerates a process that began more than fifteen years ago. If the government shutdown symbolizes the exhaustion of fiat governance, the rise of Bitcoin represents the spontaneous response of the market.

“Bitcoin does not destroy anything. It only reveals what things were never real,” Keiser concluded.

Article written with the help of an AI content writer, edited by Angel Di Matteo / DailyBitcoin

Original image from DiarioBitcoin, created with artificial intelligence, free to use, licensed under Public Domain.

WARNING: DiarioBitcoin offers informative and educational content on various topics, including cryptocurrencies, AI, technology and regulations. We do not provide financial advice. Investments in crypto assets are high risk and may not be suitable for everyone. Do your research, consult an expert and check applicable laws before investing. You could lose all your capital.

Subscribe to our newsletter