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As bubbles go, the major pillar under Trump’s crypto boom is waves of bailouts. Future Americans will foot the bill, and know it. The selling point for pumps in
by ttyprintk 2y ago
As bubbles go, the major pillar under Trump’s crypto boom is waves of bailouts. Future Americans will foot the bill, and know it. The selling point for pumps in 2025 will be, “but this one will be bailed out” and also still make the gains of a digital asset rather than a security.
The big one, the one Musk will ride atop X coins, will initially be framed as a gamble to pay off the national debt.