Uncomfortable truth from the Maldivesโฆ the Bangladeshi bartender making your $40 cocktail earns $400 per month, has his passport confiscated, and is trapped in debt bondage to a recruitment agency. Heโs sending money home to his family while you Instagram your overwater villa.
Eye-opening conversation with a bartender yesterday.
Hereโs what I think will happen on Day 1 of the Trump administration. He will free Ross and he will establish a bitcoin strategic reserve based on the current holdings ~ 200,000 BTC.
Following this the SMART thing to do is start stacking and buying up the supply in silence, completely anonymously. My guess is Saylor has already had this discussion in length with Trump administration and family (ie Eric Trump, Trump Jr, etc)
If Trump can remain quiet about the strategic reserve it may take 2-4 years before any mention of it again.
This level of game theory would be completely unprecedented. The key is Trump not taking credit for it until his term is complete or until the reserve is largely uncatchable.
Then with Bitcoin at $1M he can assume responsibility for the greatest bull market in bitcoin that ever existed, all while the US was able to accumulate a substantial stash of 2-4 million Bitcoin completely under the radar.
"At the MicroStrategy table, shareholders are the sucker"
Idk if this is right or wrong. But I do know that MicroStrategy owns more than 1% of all the BTC in the world.
It's worth understanding all the risks of this bet.
Nicely done @bgilliam1982
@NorthstarCharts@KinesisMonetary Wouldnโt this be easily explained by the fact that silver has generally been a dumpster fire since 2011?
Any price growth has been less then BTCs
The owner of Telegram, Pavel Durov, has just been arrested in France for failing to censor the truth on his application.
Potential charges include support for terrorism, drug trafficking, complicity in crimes, mass fraud, money laundering, concealment, pedophile content, sanctions evasion, and more.
They want to control information everywhere.
We are going higher and you need to be ready for it.
Young individuals these days hate their lavish jobs, and as an escape, they're glued to social media like Tik Tok and Instagram Reels. They see their favorite influencers living their dream life and getting rich, while they aren't, and are desperately seeking a way out.
They scroll by an influencer talking about crypto and that it is a way to freedom. At first, they're ignoring it, but after seeing similar videos for the 10th time they might get a light bulb moment and think to themselves: "Fuck it, let's try with $500".
And that's the start for them. In the right season (which I believe we're already in or very close to), they could literally buy anything and it will go up. They will flex to their friends, and their friends will flex to their friends. And so a bubble will start. Everyone is making it. Altcoins will go parabolic. The worst shitcoins will fly.
Do you remember how high altcoins went in the 2021 bull?
1. $LUNA (up 180x)
2. $MATIC (up 160x)
3. $SOL (up 150x)
4. $FTM (up 140x)
The halving is coming. EIP-4844, ETH ETF are also very close. Retail is around the corner.
Are you going to stay on the sideline while your friends are changing their lives?
You're simply not bullish enough.
Trump announced he is running for president again.
Last time he was president it was after the halvning and #Bitcoin soared from $1k, to $20k in 2017.
If he wins this time he will be president in 2024, time for the halvning all over again.
Whatโs your opinion on this? ๐ ๐
Justin Trudeau and Joe Biden wearing Mao jackets at the ASEAN conference as Biden meets with Xi Jinping.
Can't make this up.
twitter.com/ClownWorld_/stโฆ
@badiucao@elonmuskโs favourite game is to play with peopleโs emotions.
He did this to the #BTC community for months and has now chose the ๐ท๐บ invasion of Ukraine as his mass button pushing exercise. Iโm not sure if itโs a narcissistic need to stay in the limelight, or something else.