Trump’s Bitcoin Bonanza: Comedy Gold? 😂

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Ah, Bitcoin, that capricious sprite of wealth, hath soared to celestial peaks! And pray tell, our illustrious President Trump, once as dubious of crypto as a court jester of sobriety, now hails it as “amazing” and a triumphant elixir for the American purse. His utterances lay bare the intricate dance his clan performs with Bitcoin’s capricious fate. 😏

Bitcoin: The Jester Boosting Jobs and the Economy

At a recent White House spectacle, Trump mused upon his metamorphosis regarding Bitcoin and its burgeoning sway over our economy.

TRUMP: “Zounds, ’tis become a marvel… A splendid thing for our realm!”

— Cointelegraph (@Cointelegraph) July 28, 2025 😂

Trump noted how the masses now wield Bitcoin for transactions, easing the burdens on the dollar—oh, what a relief! He confessed to dabbling in it ere his presidential days, with his progeny equally ensnared. And lo, Bitcoin weathered storms better than the stock market’s follies. 😆

Boasting of forging a “very powerful” crypto empire here, he sneers at the sluggish pace under Biden. As commander, his quest is to nurture this vibrant trade, lest China snatch the crown like a thief in the night. How noble! 😉

The Trump Clan and Their Crypto Capers

At the Bitcoin 2025 revelry in Las Vegas this May, the Trump heirs, alongside Vice President J.D. Vance, clamored for crypto-friendly laws, dreaming of a utopia for digital gold. They forecast Bitcoin prices soaring to $150K–$175K by 2026—ambitious as a fool’s errand! Eric Trump even deems Ethereum undervalued, worthy of $8,000 already. What cheek! 😜

Peering into Trump Media’s Crypto Hoard

Trump Media now clutches $2 billion in Bitcoin, forming the bulk of its liquid treasures and inflating Trump’s stake to $2.3 billion.

Reports whisper of a $300 million plunge into Bitcoin derivatives. By tangling with ETFs, blockchain shares, and convertible bonds, they’re all in on this gamble. Trump pushes America to crypto supremacy, babbling of a “strategic bitcoin reserve,” a crypto tsar, and inking the GENIUS Act last week. Genius indeed! 😂

Trump’s Crypto Push: A Strategic Farce?

The Trump lineage also lords over World Liberty Financial, which has raked in $500 million since its 2024 debut. Detractors murmur that his schemes might fatten his own coffers, despite the trust overseen by his son. With Bitcoin cresting $120,000, Trump Media crows about its crypto windfall and schemes to unleash a token for Truth Social. Currently, Bitcoin lolls at $118,065, down a trifling 0.3% in the past day. How droll! 😏

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2025-07-28 19:14