Innovation is needed to get out of my described dilemma: we are in a hunter gatherer system called capitalism. Should I support DJT’s innovative pro-crypto etc mindset? #DJT#Trump
Breaking: Leopold Aschenbrenner's options have expired
Two weeks ago, reports said Leopold opened 4 option positions in the following:
• Micron $MU: strike $1,000
• SanDisk $SNDK: strike $1,600
• Intel $INTC: strike $115
• Marvell $MRVL: strike $250
He paid $96M and all four expired in the money
47% return and profited about $45.6M in 2 weeks
🚨 TRUMP JUST MADE ONE OF THE STRONGEST BULL CASES FOR BITCOIN.
The US has $40+ trillion in debt.
Trump says “certain levels of inflation” could reduce that burden very rapidly.
The reason is simple.
Higher inflation makes existing debt cheaper in real terms.
But it also destroys the purchasing power of cash.
If inflation stays high while rates are kept low, holding dollars becomes increasingly expensive.
Money then has a stronger reason to move toward scarce assets.
Bitcoin has a fixed cap of 21 million with yearly inflation at 0.83%.
If America uses inflation to reduce its debt burden, investors will flock to Bitcoin, sending its prices to astronomical highs.
Past profits don't guarantee future results but if a strategy has negative returns after several trades I'm going to investigate it. This is one of my bots and it's why I only made $40 in September