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Eric Trump in his Bitcoin MENA Keynote revealed he’s known Saylor for 20 years.

The recent tear Saylor has been on about dumping Gold to buy Bitcoin would appear to be unofficial messaging from the Trump regime in this light.

Luke Gromen’s thinking that the US might inflate Bitcoin as “the new oil” and bypass the BRICS efforts at a new currency ties to gold dovetails into this too.

It is looking more and more likely that the nation state game theory is playing out. So long as it’s unofficial Bitcoiners will be ok but as I wrote in a recent thread, that’s going to place a huge strain on Bitcoiners in the West once other nations feel forced to stack. nostr:note19n8u3mkj5hmuzg4pg9ne7xhpld7ryqvgec6u7gxstnqn0x5w0z9qlv9evl

Hoshi 1y ago

How should they do that? BTC price would go ballistic immediately from the buy pressure alone.

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Discussion

StackSats.IO 1y ago

Yes, the price will go up. Gromen explains how in this: https://youtu.be/vIxS-bjTu5A

Sean 1y ago

🫡 listening now

Sean 1y ago

this is not new. He's reciprocating what nostr:npub1g0587hzzckcncxfm78n0996qe2s58nspy29wf02tqcj5sdzcpj4q6j40hv has already said: https://unlimitedhangout.com/2024/07/investigative-reports/trump-embraces-the-bitcoin-dollar-stablecoins-to-entrench-us-financial-hegemony/

allogarising it as 'bitcoin is the new oil' - when really they'll just use Tether to dump the T-bills that nobody wants because they're worthless.

The video by Paul Ryan is from 7 months ago:

https://youtu.be/F8vibCAFH_0?si=hvmvemIoPQ4QKhbC

Bitcoin is the new Bitcoin. Not the new oil, wheel, internet. It's just Bitcoin.

They have a ton of debt that they cant pay and are chosing to dump it into a shitcoin.

StackSats.IO 1y ago

Didn’t say it was new.

Gromen first mentioned this in a podcast released same time as Whitney’s article.

I tend to listen to him a bit more than her on this stuff because he has a far better understanding of the mechanics.

Sean 1y ago

feel like I came across like a bit of a dick then. Wasn't intentional. Mostly the politicians have one line of thought and it's to print more money to fill their own bags .. then sell it as if it helps everyone. When really they're shitting on the little guy.

It gets under my skin.