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Popular Bitcoin maximalist Max Kaiser has once again launched a scathing attack on altcoins, stating that major cryptocurrencies such as Ethereum (ETH), Solana (SOL), and XRP are no longer Bitcoin (BTC). He argued that it was doomed to lose all value in comparison with the .
In his latest rant, Kaiser reaffirmed his firm belief that Bitcoin will outshine and outlast all other digital assets.
“ETH will never stop losing against Bitcoin. Same goes for XRP, ADA, SOL, and 20,000 other shitty coins,” Kaiser tweeted on Thursday. His disdain for altcoins, which he frequently calls “shit coins,” is well known, and he remains a vocal advocate of Bitcoin as the only legitimate digital asset.
Kaiser, who also serves as Chief Bitcoin Strategy Advisor to President Nayib Boucle of El Salvador, highlighted the success of the country’s pro-Bitcoin policies and praised the National Bitcoin Office (ONBTC) for avoiding altcoins altogether.
“(ONBTC) has continued to liberate El Salvador from shitty coins. The results are in. We are winning. Everything goes to zero against Bitcoin,” he added, adding that this approach will help the world This strengthens the view that El Salvador has solidified its position as a pioneer of the Bitcoin revolution.
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Kaiser’s latest tweet marks a new chapter in his continued criticism of altcoins. Kaiser has expressed his belief that Bitcoin is the only legitimate cryptocurrency and has dismissed other coins as “worthless.”
Last month, he reacted to Donald Trump Jr.’s announcement on X about the launch of the World Liberty Financial cryptocurrency project, which caused excitement in some circles of the crypto community.
Kaiser responded with his characteristic disdain for cryptocurrencies other than Bitcoin, saying: Everything is zero for Bitcoin. We all know the mistake you are about to make. So there’s no need to be too shy. It’s like adolescence. We will try to help you get through it. ”
Keiser’s criticism also extends to Ripple, the company that operates XRP. He has previously called Ripple’s business model of selling unregistered securities a “fraud.” Additionally, in the ongoing legal battle between Ripple and the SEC, Kaiser has steadfastly sided with regulators.
His long-standing position is that all cryptocurrencies except Bitcoin qualify as securities under U.S. law, a position he shares with SEC Chairman Gary Gensler. Last May, Kaiser echoed Gensler and said, “Gary is right. Everything other than Bitcoin is a security (including Ethereum and XRP). Bitcoin is money and everything else is a security. .”
Despite his bearish outlook on altcoins, Kaiser remains very bullish about the future of Bitcoin. Recently, he made an even bolder prediction, predicting that Bitcoin would soon reach $220,000 after his previous prediction that Bitcoin would reach the same level by May 2021 did not come true. .
