• 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

a year 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.

chest

Other news

Dogecoin Marks 12 Years of Memecoin Success

chest

Dogecoin marks its 12th anniversary, celebrating its journey and success in the cryptocurrency market.

user avatarLeo van der Veen

Kamino Blocks Jupiter's Migration Tool Amid Controversy

chest

Kamino has blocked Jupiter's migration tool, accusing it of misleading users about the nature of isolated vaults.

user avatarLi Weicheng

Historical TD Signals Indicate Potential for XRP Rebound

chest

Instances of TD Sequential signals in the past have often followed downtrends in the XRP market, suggesting a potential rebound.

user avatarTenzin Dorje

Stellar XLM Enhances Airtm Payroll System

chest

Airtm's integration with Stellar XLM has significantly reduced payroll costs and improved transaction efficiency.

user avatarAisha Farooq

Bitget Achieves Major Milestone with $10 Billion in Stock Futures Trading

chest

Bitget, the world's largest Universal Exchange, has announced that its US stock futures have exceeded $10 billion in cumulative trading volume, reflecting strong market momentum and user demand.

user avatarMohamed Farouk

Bitget Introduces 90-Day Trading Fee Reduction for Stock Futures

chest

Bitget is running a limited-time 90-day trading fee reduction campaign for stock futures until January 31, allowing traders to explore tokenized stock futures with ultra-low fees.

user avatarElias Mukuru

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.