The Bitcoin President

What Trump's Win Means For Bitcoin

Welcome to The Financial Performer, your key to understanding the future of money

Imagine having bought Amazon stock in 1999 or Google in 2004. Now imagine you had the chance to do it again, but with something even bigger - an totally new form of money- one that became a major focus of the next US presidency.

Enter Bitcoin. The number one cryptocurrency soared past $90,000 United States paper dollars this week, on the heels of an historic Trump victory. For the first time in its history, America has elected an openly pro-bitcoin president and that’s YUGE for Bitcoin.

While $90,000 may seem high, Bitcoin is still early in its journey having about the same amount of users as the internet did in 1999... Imagine buying a share of the INTERNET in 1999?

Bitcoin has come a LONG way from the backwaters of 2010 internet forums. At the time it was a largely unknown experiment among computer nerds, its value: about a penny. Today? It's a presidential policy and one of the largest assets in the world!

Bitcoin’s market cap hit a staggering $1.8 trillion this week (that's Trillion with a T) This makes it more valuable than all the silver in the world and bigger than Facebook’s parent company, Meta....

To put this in perspective, take a look at where Bitcoin ranks among the world's most valuable assets:

Bitcoin is the 8th largest asset in the world

In just 15 years- with no CEO, marketing team or board of directors- Bitcoin is competing with the world’s biggest tech companies! It's in the same league as gold and silver, both considered traditional forms of money for thousands of years. It's exploded from total obscurity to a top 10 asset in the world and Bitcoin is not slowing down anytime soon.

So how did we get here? As critics scoffed and ‘news’ papers declared the ‘death of bitcoin’ at least a dozen times, the cryptocurrency just kept growing- and going up in value. ‘Magic internet money’ as those in the space refer to it, has a way of changing minds- even Trump went from Bitcoin skeptic to champion...

From Scam to Strategic Reserve: Trump’s Bitcoin Journey

Feel like you don't quite get it yet? That’s ok! Trump didn’t always get it either.
In a 2021 Fox Business interview Trump said:

“Bitcoin, it just seems like a scam… I don’t like it because it’s another currency competing against the dollar.”

The price at the time? $36,000...

If you had invested $5000 when Trump called Bitcoin a scam- you would have over $12,000 today!
Not bad for a ‘scam’ right?

Since then Trump did a complete 180, making it a key element of his platform. In July, on the campaign trail, Trump showed up to Bitcoin Nashville, as probably the most prominent figure to ever speak at a Bitcoin conference. Flanked on all sides by secret service, Trump made history by promising three game changing bitcoin policies in his platform:

Game Changing Promises

Fire Gary Gensler. Gensler, the current head of the SEC is a staunch anti-Bitcoiner. He's part of the establishment and has resisted crypto currency at every turn.
Bitcoin mining will be ‘Made in America.' He even went as far as to say America would become the ‘Crypto Capital of the World.’
Most significantly, Trump announced he would create a United States Strategic Bitcoin Stockpile. Under Trump the U.S. GOVERNMENT will officially be a buyer of Bitcoin, investing billions of dollars and making it a reserve asset.

So Rory! You say. What’s it all mean? It mean’s Bitcoin is coming for Washington. It’s no longer a shady internet coin for criminals and terrorists like the lame-stream media told you. (Are you really surprised?) More importantly, it means YUGE demand is coming for Bitcoin and the price has only one way to go...

In Bitcoin circles, we joke about NGU technology - Number Go Up. But from one penny to $90,000, it's been more fact than joke. Now, with Trump promising a national Bitcoin stockpile, NGU technology is about to kick into overdrive. Nations racing to accumulate Bitcoin? You can bet your bottom dollar that Number Go Up!

Bottom Line:

Historic First: America elects pro-Bitcoin president
Major Policy Shift: Firing bankers and hiring Bitcoiners
Government Adoption: US plans Bitcoin Stockpile
Market Impact: Bitcoin hits $90,000, with demand exploding
Timing: You're actually not late, you're right on time!

Thanks for subscribing to The Financial Performer. The revolution has begun and Bitcoin is gearing up for the next act. Let us help you cut through the noise and really understand what's happening and why it matters to your future.