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Anthony Pompliano 🌪
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The market wants to go to all-time highs.
It just needs clarity, a few trade deals, and a rate cut.
Sourced from @APompliano from 𝕏
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Anthony Pompliano 🌪
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Scott Bessent went to Geneva and he came back with material progress on China trade negotiations. Markets like clarity and clarity is going to bring us new all-time highs.
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Bitcoin's price can't stay suppressed forever if there are a bunch of public companies assaulting Wall Street to get access to cheap capital to accumulate as much bitcoin as possible.
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There are many people who have contributed to the success of bitcoin over the last 15 years. The list would be too long to put on X. From Satoshi to individual node operators, the decentralized community of values-aligned people have been pushing this idea forward. One of the most important people in my opinion is @DavidFBailey — what he has done with Bitcoin Magazine, Bitcoin Conference, UTXO, BTC Inc, and his advisory work with the President cannot be understated. It is exciting today to see him launching @Nakamoto_HQ — a public bitcoin treasury company. They announced a fundraise of over $700 million this morning and I think it will be a very interesting company to watch. David understands bitcoin deeply and has dedicated immense time and resources to ensuring the asset is successful. This seems like another step in that journey. Congratulations to David and his team.
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Everyone has been focused on Chinese goods coming into America related to the tariffs, but Bessent says a key component of US demands is that American companies should be able to sell their products in China. Imagine if the tariff approach actually brings us more free trade.
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Bessent says the United States wants a decoupling from China for "strategic necessities." Steel, critical medicines, semiconductors, etc. Every country should want these products made domestically. It is just common sense.
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