Take a look at the thumbnail image: * Marks the spot. If anyone knows what that particular moment in the early 2000s means you are not only a crypto-OG, but probably also a gold-OG as well. So let's start walking backwards to 2002 from our newly found 2025 to see what really happened back then and how it could be relevant for what's to come.
When Trump and Musk joined forces, it inevitably led to a fusion of the two Cs: Crypto and cringe.
Many applauded the two and simultaneously Bitcoin along with the crypto market saw a sudden boom. Nothing really spectacular, I mean a 40% Bitcoin price increase in a few days is not unheard of, but the reality is that for many people this will be the time they have their first ever crypto holding. So many more souls aboard, talks of Bitcoin strategic reserves from numerous countries and a record Bitcoin price. OK so what's the problem you might ask? The characteristics and occupation of people behind it: Two faced political filth.
I'm old enough to remember the US signing a multilateral agreement with Iran which took about a decade to negotiate, and in less than three years just abandon the whole thing and also extort the Western signatory nations of that agreement to also break their binding responsibilities.
Now some might argue that it was the result of two different administrations. First off that in itself should tell you how secure and long term this so called pro-crypto surge and government truly is and what that means for the gains that came from it, but more importantly: I'm also old enough to remember how Trump first praised Wikileaks, and then suddenly claimed he knew nothing about Wikileaks and even had someone in is own administration try to murder Assange.
What about the Paris climate agreement? The US under Obama signed it in 2016, The US under Trump announced their withdrawal in 2017 and officially withdrew and abandoned the required criteria in 2020, The US under Biden was re-admitted to the agreement in 2021. Gosh, I oh-so wonder what will happen come 2025.🥹
The bottom line is this: Don't let these political scum play you for a fool. Just because they now came to play in our crypto-neighborhood, doesn't mean we have to follow their lead. We can't stop them from suddenly politicizing Bitcoin or even starting a strategic reserve and ultimately that's a good thing because if we could then no one would/should be interested in Bitcoin to begin with. So all we can do is stay alert and be wise enough to stay two steps ahead of them and we actually have the tools to do so because A) We know they are not to be trusted and B) We were here first.
What is crucially important here is that besides the US, other countries are whispering about a Bitcoin strategic reserve as well: The State Duma proposed to create a strategic Bitcoin reserve in Russia.
This means nothing of course until it actually happens, but once it does it will be somewhat of a guarantee to Bitcoin hodlers from all generations that their assets are not just one political fool or vote away from suddenly losing 50% value. Now I know that could still hypothetically happen if say one country with a large reserve started making noise about dumping Bitcoin in favor of some precious metal or foreign currency. But as we learned from England's grand 200IQ move from 1999 to sell literally half their gold reserves for Euros, other players will be there to gladly take it off your hands as you will be left holding some useless 💩coin.😂
