I fully expect it to be higher in the future. I think it will do well over a 10-year period. My only point is that Jack has to prove that the Cantors and Andoino can be trusted and that we're not going to be looking at another FTX in the future.
I can't decide what to think about Tether.
Login to reply
Replies (2)
That's fair. I've never had concerns about Jack. But he's young and might not fully appreciate the people he's dealing with. Cantor is an insider. Jack could be making a deal with the devil, but I also get Saylor has made the same deal, and I pretty much trust him.
My core position on Trump and the rest of the American real estate and financial insiders is that this period is where they are making their power play. They want to save their financial playground. They understand bitcoin's power, and while they want to control it, they will let it run to rebuild their capital base. And if they destroy the globalists while they're at it, all the better.
I don't think that's true. There's a lot of intention behind what goes up and down on the market.