Max Keiser, the outspoken Bitcoin evangelist and current advisor to El Salvador’s President Nayib Bukele, believes Elon Musk is on the verge of joining the ranks of Bitcoin maximalists.
His statement comes in the wake of Musk’s increasingly sharp critiques of U.S. fiscal policy and ballooning national debt.
Notably, on June 4, in a series of posts on X (formerly Twitter), Musk slammed the recently proposed “One Big Beautiful Bill Act,” a $5 trillion legislative package that extends tax cuts while raising the debt ceiling. The Tesla Billionaire warned that America is spiraling toward a future where interest payments alone could consume nearly all government revenue.
“We pay over $100 billion per month in interest on the national debt,” Musk posted. “At this rate, there will be no money left for Social Security, healthcare, or defense.”
The post drew attention from key figures in the crypto space. Coinbase CEO Brian Armstrong suggested that if the U.S. fails to rein in deficit spending, Bitcoin could emerge as a reserve currency alternative. Musk responded with a solitary American flag emoji, a cryptic but potent gesture many in the Bitcoin community interpreted as a signal of agreement. Max Keiser quickly capitalized on the moment.
“Elon & Brian are about to shift from Bitcoin agnostics to FULL BITCOIN MAXIMALIST mode.” Keiser posted, later doubling down in a follow-up prediction that Bitcoin could surge to $2.2 million in the near future. According to Keiser, Musk’s frustration with fiat-driven debt dynamics reflects a growing realization that Bitcoin is the only exit strategy.
“Everything goes to zero against Bitcoin,” Keiser added in a separate tweet. “Everything, and I mean everything, is either relatively or absolutely a Ponzi scheme when compared to BTC.”
Tesla, which still holds over 9,700 BTC, has not added to its Bitcoin position since late 2024. However, many now speculate that a more aggressive accumulation strategy may be imminent, similar to MicroStrategy’s. Unchained Capital’s Joe Burnett even suggested Musk might soon adopt a Bitcoin-centric treasury model across his companies, including Tesla, SpaceX, and X.
Elsewhere, analyst Will Clemente and entrepreneur Anthony Pompliano echoed that sentiment.
“The ultimate rebellion against reckless government spending would be Musk doubling down on Bitcoin,” Pompliano wrote.
That said, while Musk hasn’t officially confirmed any major moves, his recent rhetoric is starting to align closely with core Bitcoin maximalist ideology, especially the belief that only a fixed-supply, decentralized currency can protect wealth from inflation and government mismanagement.
Bitcoin traded at $102,803 at press time, reflecting a 2.75% drop in the past 24 hours.
