Re: Elon musk is for crypto or just for attention to boost Tesla, SpaceX?
Many people were expecting Trump to make a big announcement, possibly about eliminating capital gains taxes on crypto, but it was more of the same. He talked about the strategic reserve and about increasing the US dollar's dominance through stablecoins. Centralized and censorable stablecoins undermine cryptocurrency’s best features, so this is not something that excites nor interests me in any way.
What if they are ready to move on to their next phase? If Fort Knox was compromised or the existing gold was not there, then maybe they can make stable coin as a way or Crypto Reserves as a new Fort Knox. What if Fort Knox was really compromised? What may happen to the value of the Dollar?
If this news does not excite you, then I am surely excited by what is about to come to the Crypto world, and it could surely change many lives.
Talking about making things interesting and causing people's heads to turn.
There was a cybertruck decaled in Doge for a demonstration of StarLink in this post on X recently:
https://x.com/teslaownersSV/status/1904361714805862859
There was a cybertruck decaled in Doge for a demonstration of StarLink in this post on X recently:
https://x.com/teslaownersSV/status/1904361714805862859
I don't really like Elon Musk hyping DOGE this much. It makes many want to buy in a FOMO state rather than their usual chill status, making the Coin just plummet below instead of getting it skyrocket up. Trump and Elon Musk both are well-known personalities that should stay away from promoting Crypto as many are getting locked in because of buyers becoming very FOMO on certain coins that they are hyping.