Trump is talking about BTC and creating memecoins on Solana because "Ethereum is dead".
But then you realize Trump is also dumping the memecoins he created on Solana to buy tons of ETH through a finance project he is running on Ethereum.
He also bought some BTC, but wait... he didn't buy BTC on the BTC network, he actually bought WBTC on... wait for it... Ethereum.
ETH is his largest position by a large margin.
Long story short, BTC is the narrative, and Solana is the meme casino he is using to raise money to buy the real alpha of the crypto market: ETH.
JUST IN - 🇺🇸 US Congressman files legislation to FIRE the Chairman of the SEC, saying "U.S. capital markets must be protected from a tyrannical Chairman"
With respect to Binance, I'm reading through the SEC complaint. It's over 130 pages, but seems like the next in a series of steps to implement chokepoint 2.0 in the United States. The end goal is a agenda based CBDC partnered with a handful of massive banks and end-to-end control over every aspect of your financial life.
A regulatory event is where you have a debate about compliance with a law or guidance. This event seems to be a polticial philosophical disagreement with the very existence of cryptocurrencies and what they represent. An unelected group of people have decided that concepts like self-sovereign identity, owning your wallet, and the freedom to control your economic agency should be removed from the masses and given to the "enlightened" few.
Honestly, what is happening isn't anything new. It's always the same fight between freedom and authoritarianism just with different players, technology, and words. It does seem like this event is a perfect opportunity for the entire industry to set aside it's fragmented nature and unite for a common sense set of rules and guidelines that can prevent the United States from slipping into a distopia that would make 1984 look like a vacation.
I'll have more to say later, but will close with we are going to be fine. Everything's alright and the future is bright for the industry.
It’s not about making 100s of millions. It not about followers. It’s not about the shit you own.
It’s about looking in the mirror and being damn proud, even shocked by the quality of who looks back.
Their willpower, their choices, their consistency to try their best and Not settle or cave in…even when it’s hard, awkward and uncomfortable.
That’s what it’s about.
If you’re complacent this society is hell bent on dragging you into sin and a sick, fat, lonely, poor life.
However. If your proactive there is more tools, information, support and positive culture than ever to fucking crush it.
If you’re losing, it’s you. Not society. Change.
Why do most guys who like Andrew Tate look like warriors, while most guys who hate him look like they couldn’t carry someone my size up a flight of stairs if our lives depended on it?