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128
Trump's Speech at Bitcoin 2024 - JustHuman and BurningBright break it down on Defected Ep80 (Starts around 11:00) (rumble.com)
posted 1 year ago by quai24 1 year ago by quai24 +128 / -0
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▲ 7 ▼
– AmateurExpert 7 points 1 year ago +7 / -0

Anybody not watching Defected is missing out on some top notch analysis of the role of story structure in this war.

This one was particularly good.

The whole Bitcoin speech is also on badlands and is also worth a watch.

https://rumble.com/v58pogy-president-trump-at-the-nashville-bitcoin-conference-3p-et.html

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▲ 4 ▼
– AngelofBlackdahlia 4 points 1 year ago +4 / -0

Totally agree! Defected is the best.

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▲ 3 ▼
– damnImgood 3 points 1 year ago +3 / -0

Very well done and very informative. I really appreciate the in-depth analysis and observations made by BB and Just Human. It helps me put things in perspective and gives much food for thought. They're a great team!

Thanks for posting. 👍

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▲ 3 ▼
– queue-anon 3 points 1 year ago +3 / -0

So do we think BTC is going to go up under the Trump admin?

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▲ 7 ▼
– AmateurExpert 7 points 1 year ago +7 / -0

And as it continues to gain higher adoption.

Generally speaking, we should be transferring FRNs to all forms of valid energy right now - hard assets, bitcoins, seed stock and food, precious metals, fuel and energy storage, etc.

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▲ 11 ▼
– queue-anon 11 points 1 year ago +11 / -0

And GME

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▲ 1 ▼
– deleted 1 point 1 year ago +1 / -0
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– queue-anon 2 points 1 year ago +2 / -0

"nearly as high"

That's not a good metric. The metric that should be considered is profit. If BTC doubles in value and you bought BTC at it's current price, profit 100%.

Once GME transformation is complete, I expect it to be at least 10x it's current price per share.

But what about the short squeeze? If we analyze the short squeeze of Tesla, it was a 250% increase from the start of the squeeze to the peak.

Now consider how much short interest GME is at. Way more than Tesla was. The short interest was around 20-25% of Tesla's float.

Regarding the GME "sneeze", at its peak, the short interest was reported to be over 100% of the float. Specifically, around January 2021, the short interest in GameStop was estimated to be around 140% of the total available shares.

Short hedge funds have been shorting it ever since the "sneeze" occurred to prevent them from going bankrupt. Imagine how much the short interest is now!

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▲ 3 ▼
– N0rds 3 points 1 year ago +3 / -0

This. Btc already popped and we're at maybe the halfway point of where it may go in the next decade.

Gme hasn't even begun its moass.

Now comparing gme to BTC when BTC was worth $20 a coin, is a more realistic comparison.

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▲ 4 ▼
– UltimateMastermind 4 points 1 year ago +4 / -0

Trump is trying to get the most popularity possible is my bet. Why even invest in BTC when GME is clearly propped by WH to us.

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▲ 2 ▼
– queue-anon 2 points 1 year ago +2 / -0

Good point. I think I've got enough GME, unless it goes below 20 again.

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▲ 2 ▼
– QuackQuack 2 points 1 year ago +2 / -0

GME and BTC are completely different investments. One is a stock. The other is an alternative system of money that empowers the individual.

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▲ 2 ▼
– supertootsday 2 points 1 year ago +2 / -0

Yes. Even if it doesn't, you should take that opportunity to dollar cost average every 2 weeks whatever your budget would allow.

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▲ 1 ▼
– deleted 1 point 1 year ago +1 / -0
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– queue-anon 2 points 1 year ago +2 / -0

BTC is not used for illicit trades anymore. It's very easily trackable. Drug sites use monero now days.

ChatGPT:

Monero (XMR) is designed to be highly private and secure, making it difficult to trace transactions. Here are some of the key features that contribute to Monero's privacy:

Ring Signatures: These mix the spender's input with a group of others, making it unclear which one was actually spent.

Confidential Transactions (RingCT): This hides the transaction amounts.

Stealth Addresses: These generate a one-time address for each transaction on behalf of the recipient, making it difficult to link transactions to the recipient.

Due to these privacy features, tracing Monero transactions is significantly more challenging compared to other cryptocurrencies like Bitcoin, where transaction histories are publicly accessible. However, no system is completely foolproof, and researchers and authorities continually develop new methods to analyze and potentially de-anonymize transactions.

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▲ 2 ▼
– hippielouie 2 points 1 year ago +2 / -0

this is an excellent show (they all r). i'm bitcoin illiterate so this was very informative for me

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▲ 2 ▼
– sunny709 2 points 1 year ago +2 / -0

Yes me too, but the possibilities make our future very bright.
How it is implemented will determine whether we become slaves or gain our monetary freedom.

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▲ 1 ▼
– deleted 1 point 1 year ago +1 / -0
▲ 1 ▼
– truthloveliberty 1 point 1 year ago +1 / -0

Appreciate the content…but a 5:30 minute intro is TOO LONG.

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▲ 1 ▼
– bpsays 1 point 1 year ago +1 / -0

just skip it?

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– truthloveliberty 1 point 1 year ago +1 / -0

Just a little feedback in case it makes it to them. Lol

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▲ 1 ▼
– sunny709 1 point 1 year ago +1 / -0

This Rabbit hole seems to be nice and cozy. It is so much fun to see this discussion.

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▲ 1 ▼
– inspoken 1 point 1 year ago +1 / -0

Wait wait wait wait waitt..

Harari called for a color revolution in Israel just before Oct 7th?

'nuff said

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