Well, gee, bitcoin is up 132,00,000% since getting a value. Somehow I doubt Jack Mallers has that in him.
Discussion
I don't know, but I don't count volatility, retail aping in, or having an IPO sell off as negatives
If the company does a good job I suspect he'll find a growing stock price. My guess is higher than this over a few years
I fully expect it to be higher in the future. I think it will do well over a 10-year period. My only point is that Jack has to prove that the Cantors and Andoino can be trusted and that we're not going to be looking at another FTX in the future.
I can't decide what to think about Tether.
Thank you, this is a lot more helpful than the comments up there.
I also do not trust Cantor, Tether I'm 50/50 on, but think Mallers knows how to run a business so I agree it will likely be up over a long period.
Part of me wants to buy a small token amount just to support him. I've done that with Rumble
That's fair. I've never had concerns about Jack. But he's young and might not fully appreciate the people he's dealing with. Cantor is an insider. Jack could be making a deal with the devil, but I also get Saylor has made the same deal, and I pretty much trust him.
My core position on Trump and the rest of the American real estate and financial insiders is that this period is where they are making their power play. They want to save their financial playground. They understand bitcoin's power, and while they want to control it, they will let it run to rebuild their capital base. And if they destroy the globalists while they're at it, all the better.
Do not forget that the stock market is a casino which is a legitimized scam that you only benefit from if you're lucky. Don't expect real value to be captured or preserved for any rational reason.
I don't think that's true. There's a lot of intention behind what goes up and down on the market.