August 2024 - A Strategic Bitcoin Stockpile & The BULL Case for a $1 Trillion Dollar ETHEREUM (Paid Edition)

Edition 94 - The Elite Cryptocurrency Investment Strategy Newsletter

PREMIUM NEWSLETTER FOR PAYING SUBSCRIBERS (Released every Thursday)

Fast brief (TLDR) -


1. A Bitcoin Strategic Reserve is coming but there is a catch… 

2. What could a US Reserve of Bitcoin do to the Price?

3. The BULL Case for ETH and how it gets to $1 Trillion


—----

In a Two-Horse Race…

The leading Presidential Candidate of the largest global economy wants to mass-adopt Bitcoin

You read that right…

Even a few years ago this seemed decades away, but as debt and currency inflation balloons, there appears to be mainstream recognition that new (actually old) economic ideas are needed 

At Bitcoin 2024, Former Pres. Trump announced that if re-elected he would form a Strategic Bitcoin Stockpile

What does that mean?

In his speeches, Trump considers Bitcoin as “Today’s Gold” and like Gold stored in Fort Knox, he wants the US to remain forward thinking by officially adding the Asset to their Reserves.

To be clear, the US already holds 200,000 Bitcoin from law enforcement confiscations (1% of the overall supply) so, his plan is to officially recognise this amount and not sell another BTC.

There has been no commitment from Trump to buy more, however, Senator Cynthia Lummis has introduced a bill that would see the US acquire another 1,000,000 Bitcoin for this policy agenda.

Analysts like, Luke Gromen suggests that if Trump is serious about rescuing the debt situation, the US Treasury should begin issuing US Bonds with a backing of Gold/Bitcoin which would ensure stability and drive new demand for US T bills

The important part of all this is something called Game Theory, whereby the visibility of the US adopting a Bitcoin strategy will force other global economies to do the same, in turn driving price and scarcity higher

A global arms race for BTC, if you will…

Where price lands is anyone’s guess but if we were to see 1,000,000 of a total 21,000,000 Bitcoin taken off the market, investors would have to assume that Bitcoin’s marketcap would approach that of Gold, at a minimum.

Other Notable takeaways from Trump’s speech

-He will fire Gary Gensler and appoint a new SEC chairman on day one
-He believes Bitcoin will one day surpass the market cap of Gold
-There will never be a CBDC
-Bitcoin is not threatening the dollar
-The United States will be the Global crypto capital and the Bitcoin superpower of the world
-Bitcoin stands for freedom, sovereignty, and independence from government coercion and control
-Joe Biden and Kamala Harris' anti-crypto crusade will be over.

Ok, so all this is everything a Crypto investor would want to hear…

The catch...he actually has to win.

Subscribe to Weekly Elite Cryptocurrency Investment Strategy Newsletter to read the rest.

Become a paying subscriber of Weekly Elite Cryptocurrency Investment Strategy Newsletter to get access to this post and other subscriber-only content.

Already a paying subscriber? Sign In

A subscription gets you:
Top 10 Crypto Portfolio With Multiple Buy & Sell Levels
High, Medium & Low Risk Profile Breakdowns
Knowledge From An Elite Team With Over 50 Years Combined Crypto Experience
Proven Multi-Million Dollar Weekly Insights To Accelerate Your Results

Reply

or to participate.