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Jim Cramer admits it! SBF charges dropped??!!! Bitcoin ETF by end of this week. SimpleX vs Session
The price of bitcoin currently around $45k. It went up around 5% ($3k) over the past day or so. But it wouldn't be weird or bad if the price came back down below $40k for a bit until it continues its surge upward over the next 18-24 month bull run.
Jim Cramer, a well-known Bitcoin skeptic, has recently changed his stance on the cryptocurrency. Acknowledging its resilience, he remarked, "you can't kill it," and admitted to its technological marvel. This sentiment echoes that of Michael Saylor, who has long recognized Bitcoin's significance, stating, "Bitcoin is a reality. It’s a technological marvel, and people need to start recognizing that it’s here to stay." Together, their statements mark a notable shift in the perception of Bitcoin's role and longevity in the financial world.
TWEET 1: https://twitter.com/bitcoin_scoop/status/1742207737411326335
TWEET 2: https://twitter.com/saylor/status/1742201268687245635
Bitcoin art — the BTC logo in glowing heart, made by yegorpetrov:
https://primal.net/e/note1au82aq8hxj9vdug6zfz7nzvmmj9knj96t72rxrgnw5htfj5tvzdqjmjg4w
In a bewildering turn of events, Sam Bankman Fried, previously embroiled in a political donation fraud case involving $100k of misappropriated funds mainly given to Democrat organizations, astonishingly had all charges dropped. The rationale provided by the court is as perplexing as it is frustrating – they expressed a desire to expedite his other legal proceedings and swiftly move beyond this issue. This decision starkly illustrates a disturbing pattern of privilege and protection among political elites, a luxury blatantly denied to ordinary citizens.
TWEET 1: https://twitter.com/PerianneDC/status/1741504944522272946
TWEET 2: https://twitter.com/WalkerAmerica/status/1741511582268461414
Bitcoin Spot ETF approval from SEC now likely to come by the end of this week — https://primal.net/e/note12dqswvfu5fsxh6ptf5uxz6qynhpsk79rx7wc0r6jnedwvaqyl9ps2m6sdw
After the approval of its ETF, gold experienced an 8-year bull run. With the imminent approval of the Bitcoin spot ETF, it's intriguing to speculate how much Bitcoin, a VASTLY superior asset compared to gold, will outperform it. Given Bitcoin's history of consistently outperforming gold, this upcoming phase could be even more significant.
IMAGE: The Gold chart — Gold went on an 8-year Bullrun after its ETF was approved. (See the website for the image: https://fractalbitcoin.com/)
I found this video on SimpleX vs Session, two excellent private messaging apps, very enlightening.
VIDEO: https://video.simplifiedprivacy.com/simplexsession/
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