🚨 BULLISH: TRUMP DROPS BOMBSHELL ON $BTC 🇺🇸
“I got into Bitcoin before my second term inspired by my kids, it’s a big win for America.
If we didn’t have Bitcoin, China would have taken it. Not on my watch.”
Why this matters:
• Recent President publicly endorses $BTC
• Positions Bitcoin as geopolitical asset vs China
• Sparks institutional & retail FOMO
Bottom line: Trump isn’t just talking.
He frames Bitcoin as a national priority and the market is listening.
6 months ago, Raoul Pal said we are in an elongated business/debt cycle and that bitcoin would climb higher and then we would see a -35% drawdown and “everyone will be sure that it is over… and it won’t be over.”
You need to watch this again.
ELON TO BARON CEO: YOU BACKED ME WHEN ANYONE ELSE WOULD BAIL, YOU'RE A TRUE FRIEND
Baron Capital CEO, Ron Baron:
"You were buying X. And it was $42 billion, I think. And you were in the process of raising money.
And I called you up. And you hadn’t called me to solicit me. And I called you up and said I would like to invest with you $100 million in this.
And it was $60 million for one of our funds and $40 million for me.
And you said, 'Really?' I said, 'Yeah.'
And you told me that you thought I would make a double.
And I said, 'Well, I hope so.'
But to me, it felt like you made us $8B in Tesla, and it’d not be very appropriate if I didn’t support this new venture that you were doing.
So we invested. And then the day that we paid the money, we marked it down 70%."
Elon:
“Oh, man. This is how I know you’re a true friend, Ron, because, as you know, I do regard you as a true and trusted friend.
The test of friendship is who supports you when the chips are down and the times are tough and everyone’s against you.
That’s a real friend, and that’s you, Ron. Thank you.”
Source: @elonmusk, @BaronCapital, @RonBaronAnalyst, @Tesla
🇺🇸 SPACEX TO NASA: WE’RE BUILDING A MOON LANDER, NOT A MICROWAVE
NASA’s acting chief says SpaceX is “behind” and wants to open the contract, mid-race, to new bidders.
Elon’s response? Starship has hit 49 milestones, flown 11 test flights, and could haul 100 tons of cargo, rovers, and nuclear reactors to the Moon.
Sure, orbital refueling is hard, it’s also never been done because no one else can.
NASA handed SpaceX $4B, then got nervous when progress didn’t come with a bow and ribbon.
This isn’t Amazon Prime. It’s rocket science.
Source: LA Times, @fascinatingonX
No such thing as the August doldrums at @Ripple…very excited to share that we’re acquiring @RailFinancial!
Ripple + Rail together will be THE go-to provider of stablecoin payments infrastructure for global financial institutions around the world. https://t.co/JzUoHjulZB