U.Today – Max Keiser, a financial journalist and advisor to Salvadoran President Nayib Bukele, shared on his X (formerly known as Twitter) account his opinion on the possible effects of the rapidly growing U.S. national debt.
Keiser quoted a tweet posted by the account @RadarHits X. That post revealed that the U.S. national debt has reached a modern all-time high of $35.27 trillion. The debt now includes $104,568 in debt per citizen.
The Bitcoin maximalist shared a prediction that he expects the US dollar to collapse “probably within 6 months.” @RadarHits suggested that the rapid boost in debt is largely due to the US’s recent involvement in certain geopolitical events, providing a lot of financial support, and printing billions of dollars to do so.
Debt has skyrocketed, adding a full trillion US dollars in just eight months – in January 2024 it stood at $34 trillion.
Investor and author of the book “Rich Dad Poor Dad” Robert Kiyosaki in his recent tweets stated that the rapidly growing US debt is the main reason for the boost in the value of bitcoin to at least $100,000, which he expects in the near future, e.g. next year.
Max Keiser on Durov’s arrest: “Bitcoin is the safest”
About a week ago, the founder of messaging app Telegram and cryptocurrency billionaire TON, Pavel Durov, was arrested at a leading French airport after stepping out of his private jet.
The official reason for his arrest was his failure to cooperate with French authorities, who demanded that Durov comply and provide personal data of users and keys to secret chats. Durov was charged with conspiracy to traffic in drugs, fraud and money laundering, among other charges.
However, Durov was released after posting bail of five million euros and is now forced to visit the police twice a week. When Durov was arrested, TON collapsed by more than 15%, even though his team, which is not the Telegram team, stated that the TON blockchain was operating as usual.
Keiser commented on the situation, stating that Bitcoin is the only secure cryptocurrency, unlike the “s-coins” – TON, ADA, , ETH and many others. This is because Shytoshi Nakamoto chose to remain anonymous.
Keiser tweeted that any of the 30,000 altcoins could suffer a similar fate to TON and its founder Pavel Durov.
