Maybe the reason people are buying bitcoin isn't because of the positive policies president elect Trump will put in place, but rather people preparong to operate in the face of the poor policies he's expected to put in place. 🫤
Nah. Unfortunately, Bitcoin is not stable as a currency or savings yet. It's driven by investing and speculating.
Degens
More than that. It's people now 'investing'. Not saving.
Just trying to earn more fiat.
The risk of something going wrong with Coinbase custody is nuts.
TDS?
Crypto has paid for the election. There will be a return on that investment.
People keep framing it as new all time highs, really it is a massive string of all time lows for the dollar in response to his election.
Not likely since the Dow and S&P have rallied since the election. The bond market is down but that's about it.
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