Keiser cites Jack Dorsey’s fintech moves as evidence traditional finance is dying as Bitcoin cements its role as the world’s new monetary standard.
Welcome to the US Crypto News Morning Briefing — your essential rundown of the most important developments in crypto for the day ahead.
Grab a coffee because, as global markets watch the US government shutdown in disbelief, Bitcoin is doing the opposite. To longtime Bitcoin advocate Max Keiser, this moment isn’t random. It’s destiny.
As the US government remains shut down amid another budget deadlock, Bitcoin surged to a fresh all-time high, as reported in a recent US Crypto News publication. After topping out at $126,199, the pioneer crypto retracted and was trading for $121,960 as of this writing.
Despite the pullback, long-time Bitcoin advocate Max Keiser says the timing of Bitcoin’s continued show of strength couldn’t be more fitting. He calls it “poetic justice” that Bitcoin thrives precisely when fiat governance falters.
Keiser, a veteran broadcaster and early Bitcoin investor, has spent more than a decade warning that the collapse of centralized monetary systems is not a matter of if but when.
In an exclusive exchange with BeInCrypto, he framed the shutdown as a symbolic moment that confirms Bitcoin’s original mission and exposes the structural fragility of government-backed money.
“The second the Genesis Block was mined on January 3, 2009, the fate of the US dollar and all fiat money was sealed…The 300-year experiment with central banks and fiat money is over. It failed. You can’t print your way to prosperity,” Keiser said.
For Keiser, Bitcoin’s latest rally is not merely about price action; it’s about proof. He sees the shutdown, coupled with widening deficits and soaring debt service costs, as evidence that the fiat era has run its course. The rise of decentralized, borderless money is, in his view, not a rebellion but a realignment of economic reality.
He also pointed to tech giant Jack Dorsey’s move to merge Cash App with Square as further validation that traditional finance is nearing obsolescence.
“Jack Dorsey just hammered another nail into the dying banking system,” Keiser said, suggesting that fintech integration and Bitcoin adoption are accelerating the final phase of fiat decay.
However, Keiser was blunt when asked about the future of stablecoins, saying that they may keep the “USD” label long after the dollar’s credibility fades.
“Stablecoins will still use the nomenclature of ‘USD’ even after the dollar dies — as a generic term disconnected from the US Treasury and the unbacked paper nonsense plaguing the globe for decades,” he said.
With Washington literally closed for business, Keiser’s says trust is migrating. If Bitcoin’s price is, as he says, “the inverse of trust in governments,” then each political crisis may only fuel its ascent.
Here’s a summary of more US crypto news to follow today:
