Max Keiser Predicted Bitcoin at $10,000 in 2011

Max Keiser, a prominent figure in the financial world, made a bold prediction about Bitcoin over a decade ago, which has recently resurfaced in a rare video clip. The footage, shared by Bitcoin historian Pete Rizzo, dates back to the early days of Bitcoin when its pseudonymous creator, Satoshi Nakamoto, was still active. Keiser, who co-hosted the Keiser Report with Stacy Herbert on RT, made the prediction when Bitcoin was trading at approximately $0.30. He described Bitcoin as the "currency of the resistance" and the "seed of revolution," highlighting its potential to challenge centralized financial control.

Keiser's vision extended beyond just the price of Bitcoin. He suggested that countries like Greece, which faced a severe financial crisis following 2008, could implement Bitcoin to develop a standalone finance economy. This, he believed, would liberate nations from the economic policies imposed by the U.S. and U.K., which he argued were controlled by financial elites and kleptocrats. Keiser's forecast included Bitcoin rising to $2,000, $5,000, and $10,000. He also referenced another expert’s projection, suggesting that if Bitcoin captured even a small portion of the global forex market, it could reach a valuation between $100,000 and $1 million.

The clip not only showcased Keiser’s early confidence in Bitcoin’s value but also highlighted how he and Herbert were among the first broadcasters to discuss Bitcoin on mainstream television. Their coverage began at a time when very few understood the technology or believed in its potential. Keiser used the platform to explain Bitcoin’s role in countering traditional monetary systems, positioning it as a means to achieve financial independence, particularly for debt-hit and externally-stressed countries.

Growing global interest in Bitcoin has brought renewed attention to this unusual broadcast. Keiser’s early forecast is now used as a main discussion point on where the price of Bitcoin can go and its future in financial circles across the world. The Satoshi-era clip has rekindled interest in Keiser’s support for Bitcoin, which has been consistent over the years. His early forecast, once seen as extreme, is now viewed in a new light as Bitcoin becomes more widely adopted.