It's so relieving to know that finally we have a rather powerful government that actually pro-crypto because of president Donald Trump's pivot to realizing the benefits of Bitcoin in particular for solving USA's debt because he was made to understand the fundamentals of Bitcoin and the benefits of technology given by blockchain technology in helping and supporting America in general from its financial troubles because of how the failed financial system works which is making it to use debt as a way to survive and thus forced to borrow and borrow money that is created out of thin air.
The failed financial system is what making our lives in this world harder and harder because our fiat money gets devalued continuously to the point that we cannot preserve value from just accumulating it to a bank. It is unfair to most people because their hard-earned cash is always unable to buy the amount of items that they are buying before. One example of this was when my mother had her birthday party from 2017, I was able to buy her a relatively big roasted pig for 4.5K Pesos. But now a small roasted suckling pig costs about 6.5K Pesos and is just frustrating how the cost of everything in between are higher now because of inflation due to the overprinting of the dollar.
Now that president Trump is planning to have a Bitcoin reserve fund which he will use to hopefully pay USA's debt, then it will cause Bitcoin to be more valuable as this Bitcoin reserve fund gets to be filled and filled and this adding more scarcity factor to Bitcoin. Other countries are getting the idea and so the too are buying BTC too secure their money or sovereign wealth so that they too can benefit from what BTC can do which is to gain more value over time compared to just suffer from being devalued because of the printing of the dollar without anything backing it.
Crypto companies based on US are now being favored like Ripple of XRP as an example because of its financial innovation technology about renovating how money is transferred between two parties in a more efficient way without much or absence of high fees and slow process. One example of it is an employer can pay a few dollars to its overseas worker fast without waiting for a certain threshold amount to get accumulated first where the new revolutionary payment can even pay workers in cents to less than a few dollars if it gets implemented to the current system that banks are using which is slow and expensive.
Now we are set to enjoy the rising value of digital assets because of the adoption of Bitcoin which is driving the positive valuation of Altcoins. Bitcoin from now on will rise and rise because institutional investors and nation states are accumulating it for the reason of its benefits the financial security given by BTC even in the individual level. A common retail investor cannot drive the value of BTC with its current price of up to $106,300 at the moment of this writing and is just sensible to say that even Microstrategy company which is buying Bitcoin nonstop cannot bump its price alone because many big entities are buying Bitcoin and thus, the effect of its current rising value is continuing to happen.
We as individual people can ride this value by accumulating Bitcoin ourselves if not other Altcoins because the landscape for cryptocurrencies had changed almost overnight because of the lead of USA government which in turn make other governments to also favor cryptocurrencies or lese they will be left behind or will be forced to also buy Bitcoin in high prices, the prices that they deserve if they will not adopt much earlier to what Bitcoin can offer to their country's financial stability. Bitcoin is the way and it is now here to stay.
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