2078: U.S. Will NOT Buy More Bitcoin - BTC Hits Record High Then Crashes

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3.6 • 626 Ratings

🗓️ 14 August 2025

⏱️ 31 minutes

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Summary

Treasury Secretary Scott Bessent announces the U.S. will 𝐍𝐎𝐓 be buying more Bitcoin – instead holding the $15-$20 billion in BTC they already possess and vowing to “confiscate more.”

Max Keiser reacts, warning:

“The U.S. is scared s**less Bitcoin will crush the USD and they’re scrambling to work a stablecoin solution. SPOILER ALERT – it won’t work. Only Bukele gets it. There’s only one Bitcoin Country.”*

He adds:

“The U.S. is now defenseless against a rising Bitcoin Super Power of individually sovereign HODL’ers who will opt out of failed USD hegemony policies and move to global BTC hotspots like El Salvador 🇸🇻.”

This stunning policy reversal comes just as Bitcoin smashes to a new all-time high near $124,533 before plunging 5% in under 24 hours, triggering $577 million in liquidations. We break down what this means for America’s so-called “Strategic Bitcoin Reserve,” why Bo Hines’ resignation suddenly makes sense, and how the biggest bull run in history just hit its first serious test.

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Transcript

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1:00.0	Indeed on this podcast.
1:02.4	Indeed.com slash show.
1:05.0	Terms and conditions apply.
1:07.0	Congratulations, Bitcoin fam.
1:08.8	We hit a new all-time high yesterday of 1.4-5 before correcting to see where we're currently at.
1:15.0	And this is a result of breaking news just in.
1:18.0	Treasury Secretary Scott Besson says the U.S. will not be buying more Bitcoin.
1:22.6	Instead, they'll hold $15 to $20 billion, which they already have, and then confiscate more.
1:28.5	So much for that strategic Bitcoin Reserve promise making Bo Hines' resignation look real interesting.
1:34.9	I'll be breaking all this down for you.
1:36.5	The high priest, Max Kaiser, responded, as I've been predicting on spaces.
1:40.9	The U.S. is scared shitless.
1:42.4	Bitcoin crushes the U.S. dollar and they're scrambling to work
	...

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