Regarding the Arizona bill, Governor Hobbs is known to veto most of the bills, let's not get our hopes up there.
Nvidia is new to me, do you have any sources?
The US selling gold to buy bitcoin -- I believe it when I see it.
Hobbs is an incompetent idiot, but she won’t alienate Bitcoiners by vetoing this bill. It’ll pass automatically on Monday. That’s what I’m expecting.
The Nvidia rumor is all over X. If there is no truth to it, they got a lot of folks to repeat it.
The rumor I’m reading is that the United States will revalue their gold to current prices giving them a $900 billion dollar increase on their books, which they will use to sell off $100 billion and invest in Bitcoin. I think the old multiple of an investment’s effect on market cap is 15? If so, this sends us to $170K this year by itself. Add in $10 billion in short covering, $50 billion in buying from Strategy, potentially $100 billion from other large companies, billions from other governments, retail, banks… You can see the path to $444K beginning to materialize. You crazy bastards are going to get rich!
My only concern: Will coinbase (as an example for any CEX) let me sell some corn when the storm is happening/near the cycle top?