Stacy Herbert is a filmmaker, media producer, and co-host of the Keiser Report — the long-running financial commentary and Bitcoin advocacy program on RT (Russia Today) launched in 2009 — who has co-created the show with Max Keiser for its entire run, building from a contrarian financial commentary format into one of the most consistent and long-running Bitcoin advocacy platforms in broadcast media, and who resides in El Salvador following the country’s adoption of Bitcoin as legal tender in 2021, continuing to produce content and advise on Bitcoin-related initiatives alongside Keiser.
Background
Stacy Herbert has a professional background spanning film production, research, and media. Prior to the Keiser Report, she worked in independent film and media production in the United States and Europe. She met Max Keiser through their shared interest in financial markets and alternative media, and co-created the Keiser Report with him when the show launched on RT (Russia Today) in October 2009.
The Keiser Report
The Keiser Report launched in October 2009 — mere months after the Bitcoin genesis block. The show began as a general financial commentary format criticizing mainstream financial institutions, central banking, Wall Street excesses, and what Keiser characterized as systemic fraud in global financial markets.
Herbert’s role has been:
- Co-host — She typically co-presents the first half of each episode with Keiser, discussing financial news headlines.
- Producer — She handles much of the production management for the show.
- Researcher — She provides editorial research and helps shape show topics.
- Interviewer — She has conducted interviews in the second half of episodes with economists, commentators, and financial analysts.
As Bitcoin grew in relevance, the show progressively shifted toward Bitcoin-centric commentary — incorporating price discussion, institutional adoption news, and policy developments.
El Salvador and Bitcoin
When El Salvador’s President Nayib Bukele announced Bitcoin as legal tender in June 2021 and it became law on September 7, 2021, Herbert and Keiser relocated to El Salvador. Both became associated with the Bitcoin Beach initiative and with advising the Bukele government on Bitcoin adoption mechanics and communications. Herbert has documented El Salvador’s Bitcoin adoption from the ground, producing video content on Bitcoin’s use at small businesses, in the Chivo wallet, and at the Bitcoin Office.
She has described El Salvador as a model for what a Bitcoin standard could look like in practice and has been an enthusiastic public advocate for the country’s Bitcoin experiment.
Orange Pill App
Herbert and Keiser co-founded the Orange Pill App — a social networking application designed to connect Bitcoin maximalists and “orange-pilled” individuals globally. The app operates on a Bitcoin-only ideology, excluding altcoin discussions, consistent with their broader Bitcoin maximalist philosophy.
Key Dates
- October 2009 — Keiser Report launches on RT; Herbert is co-host from day one.
- 2011 — Show begins covering Bitcoin extensively as price rises from <$1 to $30+.
- 2013–2017 — Keiser Report gains international audience as Bitcoin becomes mainstream news topic.
- June 2021 — El Salvador announces Bitcoin legal tender; Herbert and Keiser begin advisory relationship with Bukele.
- September 7, 2021 — Bitcoin Legal Tender Law takes effect in El Salvador.
- 2021–2022 — Herbert relocates to El Salvador; documents Bitcoin adoption.
- 2022–2024 — Orange Pill App launched; continued El Salvador content production.
Common Misconceptions
- “Stacy Herbert is just Max Keiser’s assistant.” — Herbert is a credited co-creator, co-host, and producer. The Keiser Report was co-founded by both; she is not a subordinate figure in the production.
- “The Keiser Report only covers Bitcoin.” — Historically the show covered broad financial commentary. Bitcoin increasingly dominated the show’s content as Keiser and Herbert became more committed Bitcoin maximalists, but the show began and ran for years as a general financial media production.
Last updated: 2026-04