Max Keiser, the prominent Bitcoin advisor to El Salvador’s president, has once again launched a harsh attack against Ethereum. In a post on social platform X, Keiser declared that Ethereum is already dead, claiming that the project was still being kept on life support for no real reason.
“Ethereum is dead. It just hasn’t been buried yet. In fact, it was stillborn. What an incredible waste of time and energy,” he wrote.
Max Keiser Dismisses Ethereum’s Future
A longtime Bitcoin maximalist, Keiser made his remarks shortly after Ethereum co-founder Vitalik Buterin called for simplifying the Ethereum base protocol by drawing inspiration from Bitcoin’s minimalism. Buterin warned that Ethereum’s growing complexity could lead to bugs and make the network harder and more expensive to maintain.
Keiser, however, brushed off these efforts as futile. According to him, the very foundation of Ethereum is flawed beyond repair.
Not the First Time Keiser Has Attacked Ethereum
This is not the first time Keiser has dismissed Ethereum. He previously called Ethereum’s switch to the Proof-of-Stake (PoS) consensus model a “clown show.” In 2023, he urged the Argentine government to exclude Ether from its crypto strategy, labeling it a scam coin.
“One Bitcoin will serve Argentina’s economy far better than any exposure to Ethereum,” he claimed at the time.
He also warned that ETH could collapse entirely and emphasized that El Salvador considers Ether an unregistered security. These statements align with his repeated vision of a Bitcoin standard for the global economy.
A Global Bitcoin Future?
Keiser has long argued that Bitcoin is the only legitimate cryptocurrency, and his latest comments reinforce his belief that Ethereum’s time is over. While Buterin continues pushing for protocol improvements, Keiser views the entire Ethereum ecosystem as structurally compromised.
As more countries explore crypto integration, voices like Keiser’s will likely influence regulatory attitudes—especially in emerging markets like Latin America.
