Jaspreet Singh
👤 SpeakerAppearances Over Time
Podcast Appearances
And unfortunately, Bitcoin we know, or crypto in general, is much more volatile than other assets, just from history.
So that's where I think there's opportunity, but who knows?
I mean, the next president might not be a Bitcoin enthusiast.
And that would not be good news for Bitcoin.
I mean, when Bitcoin fell, when President Trump announced Kevin Warsh to be the chairman of the Federal Reserve Bank, Bitcoin prices just got hammered.
And then the news came out of, will the Trump administration bail out Bitcoin?
Will there be any stimulus for Bitcoin?
Which was kind of a crazy topic to hear.
But you can start to understand the why, because there's, you know, people in the Trump family are involved in the Bitcoin industry.
President Trump wants to make America the Bitcoin capital of the world.
Could there be money going into Bitcoin?
Maybe.
But you have to imagine that that that
That credibility given to Bitcoin has to help the value of Bitcoin because if you believe that Bitcoin has value, you're going to buy more of that Bitcoin, which helps Bitcoin go up.
If the next president comes in, whoever it is, and they say Bitcoin is a scam, that's not going to be good for Bitcoin if the world's leading economic superpower doesn't believe in Bitcoin.
So that's why I look at it as a speculative asset.
I think there's value, but I want anybody who's buying it to understand the speculative nature of it.
EVs and solar panels and all that.
That has to actually happen for people to want to own the real Bitcoin.
Because the appeal of Bitcoin is that there's 21 million and there's nothing else and that's it.