I liked the reminder about 13 dips in bull markets, feels comforting. 🙂
Nice and knowledgeable article all in all.
The only thing I‘d criticize is the obvious trump support. I‘m from Europe and I don‘t see any proofs based on his past promises & behaviour that he’d fulfill his promises. I take them as fishing for votes; a hyperbolic angst in promising this and that in every direction because he knows that he‘ll lose. I could go on an on… so better stop. Only one more thing: Kamala is waaaay better for crypto because she pioneers and communicates a rational and stable view of geopolitics which enables a clean environment for macroeconomy and risk assets. Trump only creates chos and uncertainty.
I am similarly irritated by Politics, and your poll numbers are way off, if this means something anyway. The fact of the matter is that Trump has never made good on any promise except killing Roe vs. Wade which about 2/3 of people think should be still in place. This is not the governments business. I follow crypto closely, and when I hear Trump talk about crypto, I can only laugh. He is only doing this to get votes and likely could not even explain how Bitcoin or Ethereum works. The last election cycle he was vehemently opposed to cryptocurrencies. He is mostly trying to make himself richer and keep himself out of jail. Harris has said little about cryptocurrency and it would likely be more level headed. I think Gary Gensler will be out soon either way. New policies will favor crypto entering mainstream finance. We need well thought out regulation of the industry but the SEC should not be in charge, and trying to enforce by suing without creating well articulated guidelines is clearly insane.
I don't get too caught up in theorising about Bitcoin's purpose. My focus is on making money, not committing to any one ideology.
I believe in a free market where everyone, including institutions, can participate, and it’s their inflow that has driven the price up.
BTC serves as a store of value and isn't particularly useful as a currency, since people usually hold onto assets that appreciate rather than moving or selling them.
If others want to turn it into an ideology or almost a religion, that's their choice.
I liked the reminder about 13 dips in bull markets, feels comforting. 🙂
Nice and knowledgeable article all in all.
The only thing I‘d criticize is the obvious trump support. I‘m from Europe and I don‘t see any proofs based on his past promises & behaviour that he’d fulfill his promises. I take them as fishing for votes; a hyperbolic angst in promising this and that in every direction because he knows that he‘ll lose. I could go on an on… so better stop. Only one more thing: Kamala is waaaay better for crypto because she pioneers and communicates a rational and stable view of geopolitics which enables a clean environment for macroeconomy and risk assets. Trump only creates chos and uncertainty.
Interesting point 👌🏻
I am similarly irritated by Politics, and your poll numbers are way off, if this means something anyway. The fact of the matter is that Trump has never made good on any promise except killing Roe vs. Wade which about 2/3 of people think should be still in place. This is not the governments business. I follow crypto closely, and when I hear Trump talk about crypto, I can only laugh. He is only doing this to get votes and likely could not even explain how Bitcoin or Ethereum works. The last election cycle he was vehemently opposed to cryptocurrencies. He is mostly trying to make himself richer and keep himself out of jail. Harris has said little about cryptocurrency and it would likely be more level headed. I think Gary Gensler will be out soon either way. New policies will favor crypto entering mainstream finance. We need well thought out regulation of the industry but the SEC should not be in charge, and trying to enforce by suing without creating well articulated guidelines is clearly insane.
Point well made Jack.
Bullish on SUI
Me and my $10 SUI against the world
LFG!
Hey Kim,
It’s great to hear from you.
I don't get too caught up in theorising about Bitcoin's purpose. My focus is on making money, not committing to any one ideology.
I believe in a free market where everyone, including institutions, can participate, and it’s their inflow that has driven the price up.
BTC serves as a store of value and isn't particularly useful as a currency, since people usually hold onto assets that appreciate rather than moving or selling them.
If others want to turn it into an ideology or almost a religion, that's their choice.
I love BTC.
It’s a brilliant store of value.
My job is maximising asset allocation. And making money.
So I’m not a buyer here.
A bit like gold then.