Thank you! ;-)
Well, the guest (Hayes, forgot his first name) is mostly very sure that BTC will go to 1 million $ within the next 3-5 years, and was mostly stating his point, as he expects that the Trump administration will (have to) print much more dollars, and people will want to protect themselves for the inflation. BTC and crypto are here to stay he said (especially ETH and I think SOL as well), since it is now also officially recognized. He also saw a good place for Meme-tokens, as they are a valuation of attention.
Pretty interesting ;-)
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You're so very welcome, of course! I think that BTC will likely go to a million too! Yes, Trump is not only very into crypto, he wants to create a strategic BTC reserve. He's also talking about backing the US dollar with gold again! Crypto is definitely here to stay! Exciting times ahead! 😁🙏💚✨🤙
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Indeed, I'm pretty confident that BTC and some of the other bigger coins (SOL, ETH) will go way up! Especially with Trump & Musk and their ideas. Didn't know he was planning to back the dollar with gold again? At first sight, I would think that would be a great thing, as it will prevent random money printing and inflation. On the other hand, they still have the decision power to set the value rate of the dollar against gold, and in that way still devaluate the dollar...
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Ditto that here for sure, and especially with Trump and Musk! Yep, it's definitely on the table to reback the dollar with gold and/or silver. Given that the fiat dollar is on the verge of crashing, this may happen sooner than expected. For those with good intent, and system can be used to do good, while for those with ill intent, any system can be used to do evil. A gold/silver-backed currency is still ridiculously better than a fiat currency. 😁🙏💚✨🤙
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Yes indeed, a gold/silver backed system is indefinete times better than fiat currency, whilst, unfortunately, every system is still open for abuse. I do feel that gold backed, it is less open to it... A bit anxious to see how things will turn out after today... (or even, today...)
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Yes, true on both counts, better, but still open to abuse. That's why crypto makes such an excellent financial system, because that kind of manipulation can't happen, at least not directly. I'm excited. I think things are going to move very quickly now. 😁 🙏 💚 ✨ 🤙
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