Smells like an op
Discussion
I know a lot of people are clamouring for this but I really don't get why they want a state with a significant btv balance sheet and the power that grants them.
They want the state to pump their holdings, ignoring the regulations that will come with it.
I'm glad I sold some yesterday.
I think btc strategic reserves are a horrendous idea. Governments hoarding massive amounts will only serve to artificially inflate the price and as such raising the bar of entry to new people. I have a hard time justifying buying at the current price. Newbs sure aint jumping on.
Retail interest is almost non-existent right now, as least in my circles. The recovery from $20k got a lot of people in, but it seems to have slowed as the price rose. Not sure what happens next, but I don't like everyone suddenly following Trump's lead.
What i find peculiar about the Trump thing is most of the time he talks about this he says 'crypto' kn which he means usually his shitcoins and stablecoins, particularly tether. But after years of arguing 'btc is not crypto' many all of a sudden hear btc when he says anything other than btc. I'll still use it for now as it is a useful tool, but if I have to cut and run, so be it. Never was 'wedded' to it to begn with. And for me, there is still gold, silver and xmr so I can adjust if needed
He works for City of London.
The 'get more votes' op. Trump was there 2024
Definitely smells. Farage in general tbh
