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Let's level set here.

1. Trump has been better for #Bitcoin than Kamala would have ever been.

2. A #Bitcoin Reserve is now it's own thing, separate from the Strategic Shitpile. Hopefully the Senate can make these it permanent within this term and we see the US move to grow the reserve.

3. Texas might be stacking sats soon, with more states to follow. States don't have a money printer and have better incentives to save than the Feds do. I'd rather see Federalism made wealthy while "Democracy" is gradually empovered.

4. We could see better #Bitcoin tax treatment, and who knows, maybe the abolition of the IRS.

4. Attitudes toward #Bitcoin amongst governments and corporations all over the world are experiencing a sea change. Bottom up is being met by top down. Adoption at every layer, from every direction. Soon it will be embarrassing not to "get it".

We are really winning.

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Discussion

royster⚡️ 10mo ago

This seems like a reasonable take

Varangos ☦ 10mo ago

I'm just laughing that the same news has people celebrating that the SBR was passed, but also other people celebrating that it failed.

William ₿ Travis 10mo ago

I'd be happy if he waives cgt on bitcoin. that would be a win.

William ₿ Travis 10mo ago

Laser's right about the states. They have a huge incentive to buy bitcoin given they don'thave money trees (except the ones with oil). I don't want them to buy bitcoin, but it makes sense that the smart ones would. If I'm reading the tea leaves in Austin correctly, there are people there highly motivated to get this done in Texas.

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ภ๏รtг๏ภคยt 10mo ago

Nooooooooo! Back to $3k so I can stack again! 😭😭😭😭😭😭

Telluride 10mo ago

I’m in 100% agreement.

This is a very bullish development.

DONT FORGET THAT

—> Bitcoin sold off for 30 days down into the mid 50’s after the ETF launched.

🧡👊🏻🍻

nobody 10mo ago

Only makes sense states adopt before feds. Still bottom up.

Brisket 10mo ago

Bitcoin sentiment has shifted & is still shifting.

It's only a matter of time before price reflects this shift.

Patience. 🤙

Cojah 10mo ago

I really don’t mind if it stays here a while longer 🤩😁

Laser 10mo ago

Zoom out. The world's largest superpower just established a #Bitcoin Reserve. This is insanely bullish.

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Blazar 10mo ago

I mean, you could have left trump out of this and said the macro picture had shifted. I don’t think there’s much more than a blunt object up in that noggin of his

MrTea 10mo ago

Ross is free

nicnym 10mo ago

Don’t call it a comeback

Purp1eOne 10mo ago

the simpleton sheep will never give him credit for anything. Trump is far from perfect but they would rather have the most corrupt idiots representing them because they are on their team and the fake shit the listen to lies to them repeatedly and they are too dumb to think on their own..... sheep. The younger generations have been indoctrinated for 5 years on. Thats all they seem to care about because the US has been falling compared to other nations as fast as bitcoin rises so what are you left with..... generations that hate the US, hate themselves and can't think their way out of a box.

It has really been quite the filter and I sure it will continue to be.