Well, folks, it seems our dear friend Bitcoin has taken a bit of a tumble, much like a cat that misjudged its leap onto a windowsill. The grand occasion of President Donald Trump’s inauguration was upon us, and what did we get? A resounding silence on the matter of our beloved cryptocurrency. Not a peep! Not even a whisper! It’s as if Bitcoin had been left off the guest list at the most important party of the year. 🎉
To add insult to injury, a report surfaced revealing that the GOP’s congressional priorities didn’t even bother to mention Bitcoin or crypto. It’s like showing up to a potluck with a salad when everyone else brought fried chicken and pie. 🍗🥧
Now, Bitcoin, that wild stallion of the financial world, has been galloping up and down like a kid on a sugar high. During the inauguration speech, it decided to take a nosedive, testing the waters around the $100,000 mark, down from a dizzying high of over $109,000. Talk about a rollercoaster ride! 🎢
While the previous administration seemed to have a vendetta against crypto, Trump has promised to embrace this transformative technology. It’s like watching a cat suddenly decide it loves water—confusing, yet oddly entertaining.
Before today’s spectacle, Trump appointed David Sacks, a venture capitalist and former PayPal COO, as the White House’s “A.I. & Crypto Czar.” Sounds fancy, doesn’t it? Like giving a raccoon a top hat and calling it a gentleman. 🦝🎩 He also nominated Paul Atkins, a crypto advocate, to lead the SEC. One can only hope he doesn’t trip over his own feet in the process.
But let’s not forget the missteps! Just over the weekend, Trump sparked a speculative frenzy with the launch of the Trump memecoin. Yes, you heard that right—a memecoin! It was quickly followed by a memecoin for his wife, Melania. Because why not? If you can’t beat ‘em, join ‘em, right? 🤦♂️
“It’s absolutely preposterous that he would do this,” said Nic Carter of Castle Island Ventures, a man who usually supports Trump. “They’re plumbing new depths of idiocy with the memecoin launch.” And there you have it, folks—proof that even in the wild world of crypto, there’s always room for a little more absurdity! 😂
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2025-01-20 20:56