Max Keizer: “We don't need Bitcoin ETFs”

Maximalist Max Keiser is one of the most controversial members of the crypto community. Regularly, this fervent defender of the flagship crypto launches controversies, convinced of the omnipotence of bitcoin on the market.

Max Keiser calls on the SEC to phase out shitcoins

Once again, Max Keizer returns to the charge with controversial statements related to the crypto market. On his Twitter feed, the maximalist indicated thelow relevance of the possible granting of a Bitcoin ETF by the SEC.

According to him, crypto industry players would not need such a possibility to materialize. This, while many experts consider the positive impact of this prospect on the bitcoin market.

“We don’t need BTC ETFs”, said Max Keizer calling on the SEC to tighten its grip around cryptos it considers shitcoins. Assets like Ethereum (ETH), Ripple (XRP), Cardano (ADA), Binance Coin (BNB) or even NFTs.

Max Keiser wants the SEC to continue to crack down on regulations, to remove each of these cryptos from circulation. Thus, his favorite crypto could have a favorable environment to flourish.

Obviously, the extremist opinion of Max Keizer did not leave some members of the crypto community indifferent. This is how the crypto-enthusiast, Blake Martin, took issue with the opinion expressed by Max Keizer.

The position of the latter would, according to Blake Martin, discredit the bitcoin maximalists. This, by advocating, when it suits him, the principles of libertarianism which, moreover, he espouses only opportunistically.

For Blake Martin, the supposedly libertarian position of Max Keiser denies the right of users. Investors, he insists, must have the right to invest in the crypto of their choice, even if it is shitcoin. This is the very expression of freedom.

As if to knock him out, Blake Martin reminded Max Keiser that beyond appearances, bitcoin is not immune to the wrath of the SEC. It is therefore not excluded that the latter extends its regulatory policy to bitcoin, considered the untouchable of the crypto market.

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