In a fiery trade on X, American filmmaker and Bitcoin advocate Max Keiser stirred the crypto world by calling the U.S. financial system a Ponzi scheme. His remarks adopted Elon Musk’s sharp criticism of the brand new One Large Lovely Invoice Act (OBBBA).
Keiser didn’t cease at calling out the U.S. monetary system. He additionally repeated his long-standing prediction that Bitcoin will ultimately soar to $2.2 million. In response to him, the collapse of conventional finance is not a distant menace and Bitcoin is the one hedge.
As debates over authorities spending and nationwide debt intensify, each Keiser and Musk are capturing consideration with their daring warnings about America’s monetary future.
What Is the OBBBA Invoice, and Why Is Elon Musk In opposition to It?
The controversy started when Elon Musk, now taking part in an influential function in President Trump’s administration by means of the Division of Authorities Effectivity (D.O.G.E.), took a public stand towards the OBBBA invoice.
Launched by Senate Republicans after Trump’s 2024 re-election, the One Large Lovely Invoice Act proposes $150 billion in new protection spending, whereas suggesting cuts in different areas. However critics warn it may drastically worsen the nationwide deficit.
Musk claims the invoice would push the price range deficit to a “crushingly unsustainable” $2.5 trillion. He described the transfer as harmful for taxpayers and damaging to the long-term well being of the financial system. His issues have been echoed by others, together with California Governor Gavin Newsom.
Keiser: “You Can’t Taper a Ponzi Scheme”
Keiser responded to Musk’s put up with a blunt message: “You may’t taper a Ponzi scheme.” He believes the U.S. financial system is trapped in a cycle of ever-increasing debt and that the system is heading for a serious breakdown.
This, he argues, is strictly why Bitcoin issues. He views it not simply as an funding, however as a lifeboat from a sinking system.
Bitcoin to $2.2 Million? Keiser Nonetheless Thinks So
Keiser has been predicting a large Bitcoin surge since 2021. His goal stays agency: $2.2 million.
He believes Bitcoin, sometimes called digital gold, will thrive whereas fiat currencies and conventional belongings decline. In his phrases, “All the things goes to zero towards Bitcoin. All the things. And I imply every little thing… is comparatively or completely a Ponzi scheme in comparison with Bitcoin.”
For Keiser, Bitcoin isn’t simply a more sensible choice – it’s the one actual selection.
Is the U.S. Economic system Reaching a Breaking Level?
The OBBBA invoice, backed by Senate Majority Chief John Thune and reportedly named by Donald Trump himself, has develop into an emblem of the bigger battle over authorities spending and financial stability.
With debt rising and confidence in centralized finance beginning to erode, voices like Musk and Keiser are gaining traction.
