🇺🇸TRUMP JR.: “WE WENT ALL IN ON CRYPTO”🚀
Debanked. Sued. Shut out of legacy finance.
“We realized the financial system was undemocratic…The answer is crypto. We got in out of necessity — not because it was cool, but because it made sense.”🔥
Thoughts?
Everyone thinks they would have held bitcoin from pennies to billions of dollars.
Easier said than done.
@TechDev_52 explains what would have really happened in that scenario.
Public companies are destroying economic value of their shareholders by holding a large allocation to an asset that is guaranteed to devalue.
Holding bitcoin on your balance sheet is contrarian today.
Eventually it will be consensus.
I explain to @SquawkCNBC this morning.
JUST IN: Twenty One Capital CEO says Bitcoin's price is going higher because it's scarcity and the huge amount of buying demand right now 🐂
"Is there enough bitcoin for me at $120k? No. $130k, $140k, $150k? Price will continue to discover higher" 🚀
Wall Street Billionaire Mike Novogratz: "The narrative of Ethereum is really powerful. There's not a lot of supply of $ETH. I think Ethereum outperforms Bitcoin in the next 6 months."
We're proud to support this year's Wyoming Blockchain Symposium ( @SALTConference ) in Jackson Hole.
As the digital asset industry continues to evolve, this event stands out as a timely and important meeting point for industry pioneers and forward-thinking leaders.
BESSENT: "What we need to do is examine the entire Federal Reserve institution and whether they have been successful."
"All of these PhD's over there, I don't know what they do... This is like Universal Basic Income for academic economists."
JUST IN: FORMER GOLDMAN EXECUTIVE TELLS CNBC #BITCOIN AND CRYPTO REGULATION WILL UNLOCK "TRILLIONS" AND HELP THE US "SOLVE THE DEFICIT"
"WE ARE GOING TO SEE RAPID IMPLEMENTATION." 🔥
NOW: 🇺🇸 "[Ripple was] the first leading U.S. company to be sued by the SEC," @bgarlinghouse says before the Senate.
"Fortunately, after four years of a hard fought legal battle, we prevailed."