• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Max Keiser dismisses altcoins as 'centralized garbage'

user avatar

by Giorgi Kostiuk

10 months ago


  1. Max Keiser's Statements
  2. Bill Morgan's Response
  3. Divisions in the Crypto Community

  4. Crypto lawyer Bill Morgan has rebutted Max Keiser’s statements dismissing altcoins as failed projects destined for doom.

    Max Keiser's Statements

    In a post on X, Bitcoin maximalist Max Keiser slammed popular altcoins like Ethereum (ETH), Cardano (ADA), Solana (SOL), and XRP, calling them 'centralized garbage' headed for failure. Keiser stated, 'ETH is centralized garbage that will continue heading to zero against Bitcoin. Same for ADA, SOL, XRP, and 20,000 other shitcoins.' He also claimed that any cryptocurrency that is not BTC is a worthless security. Keiser added, 'Bitcoin is the only truly decentralized and secure cryptocurrency.'

    Bill Morgan's Response

    Bill Morgan, a lawyer specializing in cryptocurrency, countered Keiser’s statements by citing U.S. court rulings that distinguish assets from transactions. He noted that courts do not consider all altcoins worthless or illegal securities as Keiser suggests.

    Divisions in the Crypto Community

    The debate between Keiser and Morgan reflects growing divisions in the crypto community over the legitimacy of altcoins. Some users support the notion that Bitcoin is the only true cryptocurrency, while others believe that various altcoins also have their unique benefits and potential.

    The discussion between Max Keiser and Bill Morgan highlighted the strong divide within the crypto community regarding altcoins. While some see altcoins as unreliable projects, others recognize their potential and unique features.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

Other news

Bitcoin Mining Executives Receive High Compensation Despite Shareholder Discontent

chest

VanEck's research highlights that compensation packages for Bitcoin mining executives exceed those in other sectors.

user avatarGiorgi Kostiuk

Earn Up to 6,000 $SOON Tokens with TON Station’s Daily Combo

chest

TON Station introduces Daily Combo where participants can earn up to 6,000 $SOON tokens daily through active engagement.

user avatarGiorgi Kostiuk

Trader @qwatio Faces $17.89 Million Loss in Market Turmoil

chest

Anonymous trader @qwatio reports $17.89 million losses from liquidations on BTC and ETH short positions amid market volatility.

user avatarGiorgi Kostiuk

German Government Sells 50,000 Bitcoin, Misses Up to $3.1 Billion in Potential Profit

chest

The German government sold 50,000 Bitcoin and missed out on potential profits of up to $3.1 billion after prices surged.

user avatarGiorgi Kostiuk

Ant Group Announces USDC Integration in its Payment System

chest

Ant Group aims to process $1 trillion in transactions using the USDC stablecoin, enhancing its global footprint in digital finance.

user avatarGiorgi Kostiuk

Dogecoin and Ethereum Price Predictions: What to Expect in the Coming Months

chest

Price predictions for Dogecoin and Ethereum, the impact of recent events on the cryptocurrency markets.

user avatarGiorgi Kostiuk
dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.