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One factor that the media has missed is that the "dork right" who support trump have the bitcoin put option. Elect trump -> his crazy ideas work -> stonks go
by slicerdicer2 1y ago
One factor that the media has missed is that the "dork right" who support trump have the bitcoin put option.
Elect trump -> his crazy ideas work -> stonks go up -> get rich
Elect trump -> his crazy ideas destroy USA -> USD collapses -> BTC goes to infinity -> get rich
- astrange 1y agoBTC is a risk asset owned by US institutions, so that won't happen. It's basically another version of QQQ.
- slicerdicer2 1y agoQQQ hasn't gone up 1000000% in 15 years
- astrange 1y agoAny gain can be a 1000000% gain with enough leverage.
- wdpk 1y agoBTC/USD is down as we speak 6% around 78k... if anything the riskier the asset the more downside there is
- Tadpole9181 1y agoI don't follow. If the economy collapsed, nobody would want fake money you can't spend whose value relies on someone else with excess income. Gold is a significantly better, safer purchase.
- HDThoreaun 1y agoOr everyone moves to the euro/yuan and BTC is unchanged