Layers of Acceptance

in #bitcoin3 days ago

20230917_151752-01.jpeg

What a showman Trump is... Seriously, he’s quite the stuntman. He got "so lucky" with that bullet, ran a fantastic election campaign, and now he’s officially the president of the United States again. This is his second term, and a lot of Americans are buzzing with excitement.

I’m not easily impressed, though. Ever since I learned about the Rothschilds, the Rockefellers, and how presidents are often selected rather than elected—and how little influence they truly have—I kind of lost my interest in politics.

Honestly, crypto feels like the best form of politics we’ve got right now. You vote with your money—every choice either costs you or makes you cash—and the casino never closes.

Crypto Twitter (CT) was on edge during Trump’s inauguration, waiting to hear him mention crypto. Some were listening to see if the January 6 prisoners or Ross Ulbricht would get pardoned. Meanwhile, others were minting shitcoins on Solana based on whatever BS Trump was saying...

Maybe that’s why Solana was so damn slow the other day. And while there was no mention of crypto in his inauguration, the fact that he’s launching meme coins for himself and Melania—isn’t that crypto enough?

Then there’s LibertyFi, Trump’s so-called "crypto company." They’ve reportedly acquired $47 million worth of BTC, $47 million worth of ETH, and several other $47 million batches in crypto. Bullish much? I’d say so.

Oh, and get this: the DOGE Department (a.k.a. Department of Government Efficiency) now has its official website live, complete with the Dogecoin image as its icon. If that’s not mass adoption, I don’t know what is.

And what about BTC? Well, Saylor bought more today, bringing his stash to over 460,000 coins. This lunatic sees value where others don’t and is hoarding Bitcoin like a madman. But what’s driving Bitcoin’s value up over time?

It’s the layers of acceptance it gains with every four-year cycle. I’ve been in crypto since late 2017, and each cycle has brought in more investors, pushing Bitcoin’s value higher and higher.

Back in 2013, it was just a handful of miners and buyers, so the valuation was dirt low. By 2017, big players started pouring money in. Come 2021, names like Michael Saylor and Elon Musk made Bitcoin mainstream through social media. And once the ETFs were approved, we saw Bitcoin’s full bull power unleashed.

Now we’ve got the U.S. president himself as a Bitcoin HODLer and crypto user. The next hype wave? Nations buying Bitcoin as a reserve asset. That’s probably for the next cycle, but for now, the bull market looks set to continue, fueled by Trump’s promises to "make the world a better place"—or at least America.

With every halving cycle, Bitcoin penetrates deeper into layers of acceptance, and that’s where the money comes from to drive its price to insane levels. I wonder where all those skeptics are now—those who, back in 2023 (and even in 2020), were asking the same dumb question: "Who’s going to buy Bitcoin when people don’t even have enough to eat?"

Thanks for your attention,
Adrian

Sort:  

Unfortunately also "layers of regulations" are coming in...😅

We have to have the whole package 😀

Not me...haha😄
Jesus Christ, think about what the whole package could be in the future!?😉

Nobody asks us what we want.