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Welcome to the Thursday Live Stream

Hello everyone! Today, we have a lot to cover, so let’s get right into the content of the day. We'll be discussing Bitcoin's strategic reserve, thoughts from Anthony Scaramucci, and even Donald Trump's political alignment with Bitcoin. But first, let's take a moment to reflect on how far we've come. Price discussions can often seem negative, especially when we're not hitting all-time highs or significant percentage gains. Still, it's essential to look at the broader picture.

Reflecting on Bitcoin's Journey

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Historically, Bitcoin and other asset classes have seen drastic fluctuations. For context, let's look back to 2011 when Bitcoin saw a massive explosion in value at nearly 100% for the year. Fast forward to 2014, it experienced a 58% decline, which can be unnerving for newcomers, or "normies," as they're often called. However, these drastic pullbacks are what excite seasoned investors because they understand the cyclical nature of the market.

When you zoom out and evaluate Bitcoin's performance over the years, it's clear that Bitcoin still reigns as the number one asset. As recently as 2024, Bitcoin gave a significant return of 121% annually, miles ahead of others like U.S. growth at 33% and gold at 26%.

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In summation, if you're in it for the long haul—typically four-year cycles—you’ll likely be rewarded handsomely.

The Concept of a Bitcoin Strategic Reserve

Transitioning to a topic of great interest, let's talk about the concept of a Bitcoin strategic reserve. Recently, Michael Saylor mentioned his interactions with various political figures regarding a potential reserve. This discussion becomes noteworthy, especially considering he operates a company that has held Bitcoin on its balance sheets for years.

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Anthony Scaramucci, the former White House Communications Director, also weighed in on the matter during an interview. He expressed his belief that a Bitcoin strategic reserve could become a reality, especially with support from key senators. Scaramucci, although critical of Trump in the past, is now suggesting that a Bitcoin reserve might indeed happen, given the shifting political landscape.

Perspectives on Strategic Movements

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What Anthony Scaramucci and Michael Saylor highlight is that while disagreements may exist, there is a clear bipartisan interest in the upcoming administration to explore Bitcoin reserves as a model for fiscal responsibility. A strategic reserve could involve acquiring a substantial amount of Bitcoin to back U.S. wealth, which could profoundly impact both the crypto market and economic policy.

The Altcoin Experience

Shifting focus, the altcoin market appears to be buzzing. Within a mere 24 hours, Bitcoin witness a near four percent increase, with notable others like Ethereum climbing almost 30%. These movements can often create a speculative atmosphere.

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For those who delve into meme coins or high-risk investments, caution is advised. It seems these quick gains often lie in riskier assets. Make sure to take profits and act wisely—nobody ever went broke by securing gains.

Community Engagement and Requests

Before wrapping up, I'd like to ask for your support regarding a friend and fellow creator, Wes, who recently had his YouTube channel removed without warning. If you could share his message and support his platform, it would mean a lot; sharing is caring, especially in the digital space.

Let's also talk about Tomato Coin, which is set to enter its next phase. Starting with an initial DEX offering, this all deals with bringing attention to Cardano while rewarding existing stakeholders with airdrops.

Preparing for Q&A

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As we navigate to our Q&A section, a diverse array of discussions and questions arose. From concerns over Bitcoin price fluctuations during political transitions to exploring various wallets and their usability, we covered a significant ground.

In the realms of investments, opinions may differ widely, but historical context can offer stability. Each investment decision should be rooted in research and personal circumstances.

Final Thoughts

In conclusion, whether it's Bitcoin's potential strategic reserve, the discussions with political figures, or the ever-changing landscape of altcoins, it is clear that we’re in a transformative time for cryptocurrency.

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Thank you all for tuning in today. If today's video resonated with you, please consider giving it a thumbs up and subscribing for future updates. Remember, as we venture forth in investments, it’s always time-sensitive and ever-evolving.

I wish you all a great day ahead and look forward to discussing more in future live streams!