Bitcoin as a Lifeboat? Max Keiser Says Economic Collapse Will Send BTC Soaring
Bitcoin advocate and El Salvador presidential adviser Max Keiser has issued a bold new forecast, claiming the flagship cryptocurrency could soar to $2.2 million as the world faces what he describes as an impending financial catastrophe.
Keiser’s comments came in response to growing concerns over Japan’s spiraling economic instability. Referencing a viral post warning of the country’s extreme debt load—now exceeding 260% of GDP—Keiser painted a grim picture of a collapsing yen, out-of-control bond yields, and an unraveling Bank of Japan.
He characterized the crisis as a “slow-motion train wreck” about to derail the global financial system.
At the center of his warning is the so-called “Yen Carry Trade,” a long-running strategy that involves borrowing in yen to invest in U.S. bonds. Keiser claims this mechanism has artificially propped up a sprawling $2 quadrillion derivatives market—until now.
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As capital flees Japan and bond markets grow increasingly volatile, he sees a looming collapse that could spark what he calls “Depression 2.0.”
In that environment, Keiser argues, Bitcoin will emerge as the ultimate hedge against chaos. With traditional markets cracking under pressure, he believes demand for sound money will skyrocket, setting the stage for BTC to hit the seven-figure mark.
Whether or not such a dramatic outcome materializes, one thing is clear: confidence in legacy financial systems is eroding—and Bitcoin believers like Keiser see opportunity in the fallout.
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