Popular Bitcoin evangelist Max Keiser made another viral prediction on X, claiming that companies like MicroStrategy are using Bitcoin to exploit weaknesses in the U.S. financial system.
He refers to it as a “speculative attack” on the dollar, a phenomenon made possible by cheap borrowing that exists only because central banks keep interest rates artificially low through policies like QE and yield curve control.
Keiser points to Michael Saylor’s estimate that real inflation, including asset prices, is running at 15%. Under normal conditions, interest rates would be far higher.
But, and it is a major but, since the system is designed to shield banks from losses, these rates remain low. This enables firms to borrow at a discount and invest that money in Bitcoin, just as Saylor does with Strategy.
For Keiser, this setup creates a massive imbalance. Companies are acquiring BTC with borrowed dollars, locking in long-term value while the currency they borrowed in continues to lose ground.
The global bond market won’t survive $MSTR
Mike’s about to become the IRON BANK of the new Game of Thrones the world finds itself in.
Call him, ‘Iron Mike’ https://t.co/egMcB8PmAp
— Max Keiser (@maxkeiser) June 11, 2025
The more this happens, the more stress is put on the bond market which, according to the Bitcoin evangelist, is already operating under outdated assumptions.
The stress will cause the system to fail; that is the essence of the message. When too much capital moves into Bitcoin and away from bonds, yields will spike quickly, possibly rising 50% or more.
What’s endgame?
If Keiser is right, one day a reset will happen and bond prices would collapse, borrowing costs would surge and the mechanisms that keep the financial system stable would stop working.
At that point, Keiser believes the U.S. dollar will lose its role as a functional currency. Dollar-backed stablecoins might still exist, but only as a reference point, no longer tied to a central bank or supported by a sovereign issuer.
Meanwhile, firms like Strategy, which have large Bitcoin reserves, would be positioned to come out ahead.
