Record National Debt Will Lead the Dollar to its Demise – Max Keiser

Max Keiser, a financial journalist and Bitcoin advisor to El Salvador’s President Nayib Bukele, has voiced his concerns about the escalating U.S. national debt on social media platform X.

Keiser referenced a tweet from @RadarHits, which reported that the U.S. national debt has surged to a record $35.27 trillion, equating to approximately $104,568 per citizen. Keiser predicts that the U.S. dollar could collapse “probably within 6 months,” attributing the rapid increase in debt to recent U.S. geopolitical actions and substantial financial support, which have necessitated extensive money printing.

The national debt has risen by a trillion dollars in just eight months, up from $34 trillion in January 2024.

In related news, Robert Kiyosaki, author of “Rich Dad Poor Dad,” has linked the soaring U.S. debt to Bitcoin’s anticipated rise, forecasting that Bitcoin could reach $100,000 within the coming year.

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Billionaire Warns of Economic Downturn and Dollar Weakness

Recently, Pavel Durov, the founder of Telegram and TON cryptocurrency, was arrested at a major French airport after disembarking from his private jet. The arrest was due to allegations of non-compliance with French authorities, who demanded user data and encryption keys.

Durov faced charges including drug trafficking, fraud, and money laundering, but was released on a €5 million bail and must now report to the police twice weekly. Following Durov’s arrest, the value of TON dropped by over 15%, although the TON blockchain, managed by a separate team, continued to operate normally.

Keiser commented on the incident, asserting that Bitcoin remains the only secure cryptocurrency, in contrast to “s-coins” like TON, ADA, XRP, and ETH. He warned that any of the 30,000 altcoins could face a similar fate to TON.

Alexander Stefanov

With over 8 years of experience in the cryptocurrency and blockchain industry, Alexander is a seasoned content creator and market analyst dedicated to making digital assets more accessible and understandable. He specializes in breaking down complex crypto trends, analyzing market movements, and producing insightful content aimed at educating both newcomers and seasoned investors. Alexander has built a reputation for delivering timely and accurate analysis, while keeping a close eye on regulatory developments, emerging technologies, and macroeconomic trends that shape the future of digital finance. His work is rooted in a passion for innovation and a firm belief that widespread education is key to accelerating global crypto adoption.