January 19 | $Trump
The meme that shook the (crypto) world
Despite my reluctance to entertain or concur with a prediction that seems somewhat delusional, I found myself nodding in the statement below this time.
Here’s why:
I have lost track of the number of U.S. states that have already proposed their own Strategic Bitcoin Reserve (SBR), not to mention the increased likelihood that the Trump administration will implement an SBR at the federal level.
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Moreover, I've lost count of how many countries have openly expressed interest in establishing their own SBR. Some nations also quietly accumulate Bitcoin, strategically positioning themselves to potentially outpace the U.S. in this regard, playing into the dynamics of game theory.
Globally, it's also noteworthy how many major banks have begun to embrace Bitcoin and other cryptocurrencies. What surprises me—or perhaps not—is the Philippines' apparent lack of urgency, especially when considering the enthusiastic adoption of Bitcoin by its neighboring Asian countries.
Sidebar:
Disclaimer: The thoughts I'm tossing into the ring today are flavored with a dash of bias, given that my investment portfolio is predominantly — Bitcoin, MicroStrategy, and Solana. Consider this with a grain of salt.
If you're afflicted with the common malady known as 'short-termism,' you're likely to miss out on the spectacular technological and financial metamorphosis unfolding before us. These investments are almost like an IQ test for the financial world, and frankly, I've spent nearly a decade not begging but encouraging folks to pass this test.
Oh, and for those living under a rock, Trump's meme coin launched yesterday, and it's shaken Crypto Twitter to its core, haters included. If that doesn't make you bullish, I'm not sure what will—unless you're betting on the return of the floppy disk.
Thanks for wasting a perfectly good moment with me today!??????