{"id":79056,"date":"2023-05-20T14:23:32","date_gmt":"2023-05-20T11:23:32","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=79056"},"modified":"2025-09-11T08:48:13","modified_gmt":"2025-09-11T05:48:13","slug":"max-keiser-says-ethereum-and-other-altcoins-are-securities","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/max-keiser-says-ethereum-and-other-altcoins-are-securities\/","title":{"rendered":"Max Keiser says Ethereum and other altcoins are securities"},"content":{"rendered":"<p>The television host and founder of Heisenberg Capital, Max Keiser, supported the position of <span data-descr=\"Securities and Exchange Commission\" class=\"old_tooltip\">SEC<\/span> chairman Gary Gensler that all cryptocurrencies except Bitcoin are securities.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Gary\u2019s right. <\/p>\n<p>Everything not <a href=\"https:\/\/twitter.com\/hashtag\/Bitcoin?src=hash&#038;ref_src=twsrc%5Etfw\">#Bitcoin<\/a> is a security (including ETH &#038; XRP). <\/p>\n<p>We already put this into law in <a href=\"https:\/\/twitter.com\/hashtag\/ElSalvador?src=hash&#038;ref_src=twsrc%5Etfw\">#ElSalvador<\/a> <\/p>\n<p>We\u2019re <a href=\"https:\/\/twitter.com\/hashtag\/Bitcoin?src=hash&#038;ref_src=twsrc%5Etfw\">#Bitcoin<\/a> Country and we\u2019re thriving. <\/p>\n<p>I invite <a href=\"https:\/\/twitter.com\/GaryGensler?ref_src=twsrc%5Etfw\">@GaryGensler<\/a> to ?? to come and see how we became the leading <a href=\"https:\/\/twitter.com\/hashtag\/BTC?src=hash&#038;ref_src=twsrc%5Etfw\">#BTC<\/a> country in the world. <a href=\"https:\/\/t.co\/yfB0vHAsuj\">https:\/\/t.co\/yfB0vHAsuj<\/a><\/p>\n<p>\u2014 Max Keiser, sr. bitcoin advisor pres. Bukele ?? (@maxkeiser) <a href=\"https:\/\/twitter.com\/maxkeiser\/status\/1658432121579659266?ref_src=twsrc%5Etfw\">May 16, 2023<\/a><\/p>\n<\/blockquote>\n<p> <script async=\"\" src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u00abGary is right. All that is not Bitcoin is a security (including Ethereum and XRP). [\u2026] Bitcoin is money; anything else is a security,\u00bb he wrote.<\/p>\n<\/blockquote>\n<p>Keiser noted that El Salvador <a href=\"https:\/\/forklog.com\/en\/news\/el-salvador-legalises-bitcoin-as-government-buys-550-btc\">recognized the first cryptocurrency<\/a> as legal tender in September 2021. His Twitter profile states that he moved to the country in November of the same year.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u00abWe are a thriving Bitcoin nation. I invite Gary Gensler to come and see how we became the leading Bitcoin country in the world\u00bb, \u2014 added the investor.<\/p>\n<\/blockquote>\n<p>He also called Ripple \u00abcrooks\u00bb, whose business model is based on selling unregistered securities. In <a href=\"https:\/\/forklog.com\/en\/news\/xrp-climbs-about-7-after-court-rejects-sec-motion-in-ripple-case\">a court case<\/a> against Ripple, the Keiser backed the regulator\u2019s side with the SEC.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">.<a href=\"https:\/\/twitter.com\/Ripple?ref_src=twsrc%5Etfw\">@Ripple<\/a> are crooks. Their business model is selling unregistered securities. The SEC is right to shut them down. <a href=\"https:\/\/t.co\/gQueVd2GHZ\">https:\/\/t.co\/gQueVd2GHZ<\/a><\/p>\n<p>\u2014 Max Keiser, sr. bitcoin advisor pres. Bukele ?? (@maxkeiser) <a href=\"https:\/\/twitter.com\/maxkeiser\/status\/1658833760006074371?ref_src=twsrc%5Etfw\">May 17, 2023<\/a><\/p>\n<\/blockquote>\n<p> <script async=\"\" src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>In August 2020 Keiser <a href=\"https:\/\/forklog.com\/en\/news\/max-keiser-predicts-bitcoin-to-rise-to-28-000\">managed to predict<\/a> Bitcoin rising above $28,000. In May 2021 he <a href=\"https:\/\/forklog.com\/en\/news\/max-keiser-predicts-bitcoin-to-reach-220000\">predicted<\/a> Bitcoin would soar to $220,000, but that has not happened yet.<\/p>\n<p>Earlier, the SEC chief repeatedly <a href=\"https:\/\/forklog.com\/en\/news\/gary-gensler-cryptocurrencies-are-securities-the-law-leaves-no-room-for-alternative-readings\">called altcoins securities<\/a>. In his view, crypto markets &#8216;generally <a href=\"https:\/\/forklog.com\/en\/news\/gensler-again-flags-crypto-markets-non-compliance-with-regulation\">do not meet the requirements<\/a>&#8216; and are based on a &#8216;false notion&#8217; of decentralization.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The television host and founder of Heisenberg Capital, Max Keiser, backed the SEC chairman Gary Gensler&#8217;s position that all cryptocurrencies except Bitcoin are securities.<\/p>\n","protected":false},"author":1,"featured_media":79057,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1696,1138],"class_list":["post-79056","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-max-keiser","tag-opinions"],"aioseo_notices":[],"amp_enabled":true,"views":"17","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/79056","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=79056"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/79056\/revisions"}],"predecessor-version":[{"id":79058,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/79056\/revisions\/79058"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/79057"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=79056"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=79056"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=79056"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}