Max Keizer breaks down if he has XRP, apart from Bitcoin

by James · October 17, 2022

Yuri Molchan

Bitcoin lawyer Max Keizer has responded to critics about XRP and whether he owns any altcoins

Financial expert, trader and podcaster, Bitcoin evangelist Max Keiser, has taken to Twitter to clarify his stance on Ripple-linked XRP and whether he has this top 10 altcoin.

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Here’s why Max Keizer doesn’t have XRP

Keizer tweeted in response to Twitter user @EmmaSto49099359, who retweeted a tweet from another Twitter user, who wondered if Max Keizer would be impressed by a chart that compares XRP and Bitcoin and is basically favorable to the Ripple-linked token , but not BTC.

The author of the tweet also wonders if Keizer is secretly holding any other crypto, aside from Bitcoin, like XRP.

Keizer responded to that saying that he doesn’t have XRP since it is centralized and thus easy to take down. Also, he expects the coins to be declared illegal by the SEC soon. His final argument in the tweet was that “XRP does nothing useful” unlike Bitcoin.

Keizer also criticizes Ethereum

In late September, Keizer also blasted the second largest crypto, Ethereum, as a “Ponzi scheme”, stating that it is pre-mined and therefore centralized.

The influencer is known to despise altcoins and praises only Bitcoin. For this reason, he has many times attacked XRP, ADA (and its founder Charles Hoskinson), Ethereum and other altcoins. Earlier this year, he even once referred to the Cardano founder as a “terrorist.”

In June of this year, Keizer confirmed his earlier prediction for the Bitcoin price, saying that the $220,000 level is still in play. The main reason for that, according to him, is that BTC is limited to only as much as 21 million coins, unlike other digital currencies.

Cardano founder distances himself from XRP

Last week, Hoskinson drew a line under his support of the XRP community when he tweeted that he has nothing more to say about the Ripple-linked token. He complained about the many trolls from the XRP army who have attacked him.

He believes this happened because of his stance on the SEC lawsuit against Ripple Labs that he shared recently, which many in the XRP community did not like or agree with.

Hoskinson believes that the SEC has sued Ripple and its top executives and claims XRP is a security not because of corruption in the regulatory agency, but because of a lack of clarity regarding crypto regulation.

However, he agrees that XRP is not a security and that it should be regulated as a community by the CFTC.