Former financial journalist and commentator Max Kaiser is currently Bitcoin advisor to President Naive Bukere, president of El Salvador, and shares Bitcoin’s first Fiat currency has collided with zero in the last five years.
Turkish lira crashes against bitcoin
This is a Turkish lira, and Keizer retweeted another user’s X post with a screenshot of the chart to demonstrate it. Kaiser frequently issued a statement saying “everything will be zero for Bitcoin,” but this time added, “The Turkish lira quickly got there.”
Everything is zero for Bitcoin. The Turkish lira arrived there quickly. https://t.co/chgkwbrbze
– Max Keizer (@maxkeiser) June 9, 2025
Unlike Fiat currency, Bitcoin is hard-caped with 21,000,000 coins, with the majority (over 19 million) already mined from cyberspace. Scrucity is one of the features that make Bitcoins unique and put them on top of Altcoins, and Keizer prefers to call them “S-Coins.”
Meanwhile, Bitcoin regained a price level of $107,000, adding about 2.26%, jumping out of the $105,430 zone. Cryptocurrency analyst and trader Ali Martinez tweeted today that BTC was able to surpass its significant resistance level at $106,900.
Resistance breaks and #bitcoin $btc could reach $108,300 or $110,000! https://t.co/njqgfyd5mx pic.twitter.com/ovf0rccxle
– Ali (@Ali_Charts) June 9, 2025
Traders are currently expecting Bitcoin to reach $108,300 or even exceed $110,000.
Keizer highlights the importance of the next million BTC blocks
Today, Max Keizer published a tweet saying that “block 1,000,000 will reveal the truth.”
As of June 8th, the Bitcoin Miner had generated 900,394 blocks on the Bitcoin Network, so the 1 million blocks will soon be on the scene. What Kayser means here is a philosophical approach, and perhaps he hopes that the world’s major cryptocurrencies will expand its impact all over the world after its significant milestones are behind.
