The fight between Elon Musk and Trump will have a
huge impact and if you don't know about the fight between Elon Musk and Trump,
then this post is very important for you.
But those who know
that there has been a clash between Elon Musk and Trump.
Both of them who were
ready to sacrifice their lives for each other have today become each
other's enemies. Things have reached the
point that Elon Musk should be
deported. Throw him out of America.
And Elon Musk is saying that brother,
I have such files. There are such
secrets that I will reveal them all.
Meaning that never before today has the
richest man in the world, the
most successful man in the world, the most successful
companies, futuristic companies,
Elon Musk, had a fight with Donald Trump
and the fight is not in public behind closed
doors but is taking place on Twitter
and the whole world is watching it.
Obviously it will have a huge impact on
Bitcoin, Crypto, SPX500
, Gold, Us Money flow and as a Techinical Analyst I
will analyze it because obviously ours is
a financial channel. Obviously it will
have an impact on America overall and the geopolitical scenario as well.
Both of them should not sit together and sort out the issues.
But even after sorting it out,
what actually happens is that when some fights
become public, then the public will never be able to
trust you and your relationship again.
So this thing has many implications. Just imagine
if Elon Musk settles in Russia tomorrow.
You may also know that Elon Musk is
not a native. He is from the US, he was not born
there. His parents were from South Africa.
He was born in South Africa.
Then he migrated here
to America and the story of America is that
most of the successful companies and
most of the successful people have settled in America from outside.
But these people cannot become President. That
means, I also came to know recently when
I was investigating the video that if
someone is not born in America, then
he cannot become the President of America.
Despite the fact that he is an American citizen.
So it is very important that
Elon Musk cannot become the President of America tomorrow.
Yes a political party can launch a campaign
and it can back someone.
Like he did to Donald Trump. Now,
without taking much time on this fight,
we will also talk about the impact of this fight, especially on you, your family and your investments.
But first let me give you some background about
what the actual fight is? In a
simple way because many people might
not even know that they know a little bit about fighting
but don't have any idea. So
I will first tell him what the fight is
and then what its implications are. Then
we will cover some other news also. Ok
? So the post is very interesting. This
post is important because
it is going to have a huge impact. So that's why
you should read this post till the end. And if you have
seen the Article till here then please
like it once. If you do
not follow to the channel, please follow
and comment. Ok? So let's
move ahead in the post. Ok? First of all,
I am a big fan of this particular website. usdebt.org You should
check this once every two to four days every week. The
biggest and most scary thing here is
America's National Day. Right which
is a liability. You can see this is at 36 trillion.
This tells us
how much liability each citizen has if we look at it as a citizen.
If we divide this by the cities where
citizens live in the US, then per
citizen this liability is $7,854 dollars.
Ok? At present, the debt on every citizen, the
tax payer, is
323000 US dollars. Right? So you
can see here how big a day it is. Ok?
And you can see here below that
this US Federal Debt to
GDP ratio is very important, which means that the income is one
rupee and the expenditure is ₹1.5. So
here we tell you that the current
debt to debt ratio is that if the income is ₹100
then the expenditure is ₹122. So, the debt
to GDP ratio here is 122%.
Because ideally it remains below 100
then it means that you are in net positive.
But if it is above 100 then
it means that your situation is not good. In
fact, it is also told here that
what is the interest on day at this time? If the
interest is above Rs 1 trillion then it is on a daily basis only. On
top of 36 trillion, there is a day of around 1 trillion.
Ok? So this is a very
important thing here. Now what is basically there here
? What is the scene? What is the fight about?
Understand that thing. Ok? The fight is about the fact that
Donald Trump is saying
that
he proposed this bill and this bill
almost got passed by the Congress. The
name of this bill is One The One Big Beautiful
Bill. Look at how they name it.
This is Donald Trump's bill. This is a very ambitious bill.
And it says what is this bill?
Proposing massive spending. How much
massive spending? This spending is on various things
in America like America's Social Security
scheme and other different things.
What it means is that whenever
somebody becomes the President, then he makes
some
promises. They have to
spend that money to fulfill those promises.
So basically it is a bill for expenses. Now is this a
bill for expenses? This bill
says that whatever impact it will have,
you have seen the already debt of US,
here I showed you that America's debt is
36 trillion, this will
add around 5 trillion more to America's debt. He will
add another 5 trillion. Meaning,
debt will increase from Rs 36 trillion to
around Rs 41 trillion and debt to GDP
ratio will reach around 156%. Ok
?
You must be seeing that this
debt to GDP ratio will reach around 156% by the year
2050 and this 5
trillion will roughly get added to Rs. 36 trillion.
So this debt will add around Rs 5 trillion.
This is the current bill.
What did Donald Trump say? Donald Trump
said, look, if we want to make America great
again, we will have to invest in a lot of things
and
fulfill the promises I made.
But there is a way I can impose taxes
on you, you won't like it, so I will
print money. So
basically it is a bill for printing money,
against which Elon Musk has
stood up. Elon Musk says that brother, I am
against this. Ok? So this is a fight that
Donald Trump is trying to spend.
Elon Musk is saying that I will
not let you spend. I am against this.
Why is he against it?
Principally, if we
understand the intention of Elon Musk, then he is
saying that the problems that are there in the world are
already visible to the world,
what are the issues of Zimbabwe and inflation Many countries are struggling due to hyper inflation. What they are saying is
that it is not in the interest of America and its citizens.
And despite the fact that
look, he is a rich man. It would have been
good if he had been friends with Donald Trump. If the
next four years pass in peace,
then I am assuming that
Elon Musk has good intentions and he is saying
that I am against this and
America already has so much money,
we should not add this bill in that money,
especially when he was looking at the doge, (the
Department of Government Efficiency) was
headed by Elon Musk and the
responsibility of reducing expenses was given to him by Trump, he is
saying that the bill was not even shown to him, so no
work was given to him, the bill was
not shown to him. He was not consulted.
He didn't even know and this bill was made
and proposed as well. If the
bill had come in front of him, he would never have let it go.
This is why he resigned from the doge.
I will also come to
how this thing happened step by step. But
broadly understand that he is saying that he will
bear the expenses. He is saying that I will
not let you spend. I did
not support you for this thing Donald Trump.
If I had known you were going to do this. If
you had told me before the elections
that you were going to do this,
I would never have supported you. Now such
things are also coming to light. So basically what it is that
now you must be thinking that Sir it would be
good for crypto that there is money
printing, that if Donald Trump
prints money then crypto will
grow, bitcoin will grow. So for us Trump is better.
Elon Musk is not good for us. Elon Musk is saying do
n't print money. But
bitcoin and crypto grow by money printing.
So, I will answer this also
in the end. Ok?
This is a very confusing post. Meaning, this will clear many of your funds.
Because if you are taking the side of
Elon Musk's principle
for a good cause that massive problems in the world are due to
money printing.
He says put a stop to it.
Get over it. Save the Americans.
Save America. Save America's Future. He
is talking about even if. But those who are
invested in the stock market, those who are
invested in bitcoin, those who are invested in crypto
, they will say that
if there is money printing then it will be beneficial for us
and if it does not happen then it will be our loss. So,
whom should we support and whose side should we
take, this is very important.
I will also explain this by summarizing it. Who is good
for you? And how should you think
and how should you support.
If you are doing this in your heart then
what will you support, but if you have to
take a side then whose side should you take, who
is right? So basically what it is that Elon
Musk is fighting for principle and Trump
is fighting for practice that if I do not
print money then I will
impose tax and if I impose tax then I will impose 68% tax
on the citizens, so people will
not like that but he is fooling the people
because most of the people do not even realize
that the money printing is also a kind of
indirect tax. How? That when
money printing happens, the purchasing power of your
existing money which is in supply in the market
falls.
Are you getting me? So, when purchasing power
falls, then that also is a kind of
indirect tax, just that which
people do not realise. But it is just a
simple thing that if someone
secretly takes out notes from your purse then that is money printing.
Secretly taking money out of your pocket
and you not even knowing about it. Ok? So
basically,
everything was going on between both of them. If you look,
this alliance was offered by Elon Musk in July 2024.
Full support was offered.
Everything was going well in 2024. He said that
I fully endorse President Trump Elon
Musk. Was very happy. As soon as he
supported him in many campaigns in 2024, he donated
, wore caps, and raised the slogan Make in America Great
Again. They were talking such nice
things about each other that
he even said, “I love Donald Trump as
much as a straight man can love another man.” So, we were
talking about love at this level.
He made Musk an unpaid presidential advisor.
Given the category of special government employee. Elon Musk was made the head of Doge
to reduce expenses.
So basically where did the problem start? The trouble
started from here that it started from 28th May.
Ok? So it started from here on 29th May that
first as my scheduled time as a special
government employee comes to an and I like to,
so first of all he resigned from the doge.
From there it started to seem that something was happening
but on May 29th it came again that I am
having a press conference tomorrow with Elon
Musk at the office. Ok? And this will be
his last day but not really because he will always be
with us. Even this seemed okay, that
maybe he is going.
Everything was going well till May 30. Then on May 30,
Trump praises Elon Musk
and he gets a black eye issue on the side of
Elon Musk's eye,
everything was going well till then, on Monday,
June 2, Trump
defends the Big Beautiful Bill on Truth
Social and from there the game gets worse, on
June 3, Elon Musk tweets I'm
sorry but I just can't stand it any more,
he says this is massive outreachy
pokefield congressional spending bill and
it just is disgusting. So he
uses such strong words against this bill
which is being supported by Trump
and after that he says shame on those who
voted for it and in this the Democrats are also
supporting him and the Republicans too.
You should not think that if Elon Musk
is against this then the Democrats are with him. It's
not like that. Five then this on June 4th he
again against him kill the bill bankrupting
America is not okay.
Elon Musk started saying such things. Then he
pulled out a 2013 tweet by Donald Trump. Where he's
saying I can't believe the Republicans are
extending the dead ceiling. I'm a
Republican and I'm embarrassed. So he
said, remember you had also said this,
Elon Musk started digging out his old tweets. On June 5th
things got worse and on June 5th he again
started writing 'POK DISGUSTING PORK BILL AND ALL THAT STUFF' here.
After that on June 5th again you know Elon Musk kept
saying.
You know after that Musk again said on June 5th
and things started to get a next big
bill, will increase the deficit to 2.5
trillion, Elon Musk said that he will
add a deficit of 28 trillion, so
this is here, then after that Donald Trump came on
June 5th and he was like Elon was wearing thin.
I asked him to leave. He said that
Elon Musk is doing this because I have reduced the
mandates for some EVs and the subsidies on EVs. So
that's why he is taking revenge on me. So
he set this kind of narrative. That Elon
Musk thing went further. Got angry. He said,
okay, he said the Ebstein files are
some files of child trafficking and you know, child rape, which
Donald Trump did not allow to be made public, in which he said that
Elon Musk said that Donald Trump's name is in
it. That's why he didn't allow it to open.
And he said time to drop the really big
bomb. When he started making such revelations, there was
complete uproar there.
This tweet had 168 million impressions.
Meaning this tweet went viral on such a massive level
that what will happen now? On June 5,
he again said that Donald Trump said, I don't
mind Elon turning against me. But this
should have been done long ago. He's saying
it will only add $1.6 trillion.
If I don't do this, Americans will
have to pay 70% tax. They
started scaring the public and after that the
fight between the two came out in the open and
you can read it in full, I am
not going into its complete detail but overall the
whole world saw the fight between the two today and it is a
fight on a massive level. Now it is being
said about both of them that sometimes they say that a talk is going to happen.
When something is about to happen the
market starts pumping. When it becomes clear
that the matter is not working out then the market
dumps it. Now what will be its impact
? Look, understand this simple thing. First let
us go to the stock market. The simple
thing is that Elon Musk and his companies have a
market cap in billions.
Obviously, when there was a correction of 15-20% in Elon Musk's
companies, obviously there was
a negative sentiment in the market and overall this
episode will bring down the stock market
because today the public is also seeing this and
a perception is being created there
that if Donald Trump
imposed sanctions on Elon Musk and other things, then such
sanctions can be imposed on anyone as well. There is an
atmosphere of insecurity there and the
stock markets are down.
Apart from that, if we talk about other things,
even if gold increases in uncertainty, then
gold will obviously have a positive
impact when other things go down,
but if we talk about bitcoin and
crypto because they are related to stocks,
then there is a decline in bitcoin and crypto as well.
People withdrew money from all the speculative asset classes.
Now understand in the overall long term
why you should
not be sad from the perspective of Bitcoin. Suppose we
catch scenario number one. Scenario
number one, I am holding a very extreme scenario.
Scenario number one is that Elon Musk
says, okay friend, as long as Donald Trump is here,
I am leaving America. America
is not the land where you know how to tell the truth.
He says I am leaving America.
If he leaves America then there
could be a sensation tomorrow.
Elon Musk can
also transfer his personal wealth into Bitcoin to bypass sanctions.
And to bypass his sensations,
he can bypass the swift network in
case tomorrow Elon Musk talks about
freezing all his funds. He talks about
freezing his companies.
He conducts audits against it. He
puts investigations into it. He
files a false case against him. So suppose
if this were to happen then Elon Musk is smart
enough and he already has Bitcoin.
In Tesla, he can
individually convert his wealth from OTC to BTC as a micro strategy and
move anywhere in the world. Number one, so
even in extreme scenarios, Bitcoin is a savior for
Elon Musk. Ok? Number two comes.
He is not leaving the country and obviously
he will not go. But he says that
okay, I cannot become the President
but I will launch a political party. He launches a
political party
and after launching the political party he says that it is
okay and
he does not make donations from the banking and rails. He says
I will do it in Bitcoin and crypto.
And
today I am telling you about bitcoin and crypto that if that political
party launches and makes donations then
it will get donations in bitcoin on a massive level
because its fan following of
Elon Musk is at different levels, so that also is a
very super thing for bitcoin. The third thing is, suppose
Elon Musk's back party
comes to power. When he comes to power,
Elon Musk will say that look,
enough of money printing, now we will
put bitcoin in our reserves to
strengthen the dollar and what we will do is that
whatever gold and bitcoin we have, now
we will see that at least our currency should be
backed either by gold or
bitcoin, so the strategy of bitcoin as a
reserve asset, it will expand gold
because
if he cuts off on money printing, then what will he do to strengthen his you know
currency that he will
start putting gold and bitcoin in the backup because
why is money printing happening? Money printing is
happening because there is no
backing of the currency. When he backs the currency, he will
try to strengthen that currency. Yes a hick
ups will come to do the same. Prices fall in a deflationary economy. The
economy does not grow.
GDP numbers will fail. Unemployment
may also increase. But the
current theory of Elon Musk is that money
printing should be curbed and other
ways should be found to
stabilize the economy and for this,
he will
try to apply the principles of Austrian Economics and in that,
he advocates the gold standard in Austrian Economics and rather, he says
that the currency should be printed as much as there are
assets in banking behind it and
earlier there used to be gold, now there is
bitcoin in the name of digital asset, so that too will be a bullish
news for bitcoin. Ok? So
overall if you look at the
companies in America, he himself is an
entrepreneur. If public limited companies are
putting Bitcoin on their balance sheets,
then it will create such a scenario that
more and more companies will
put Bitcoin on their balance sheets. So you do
n't need to worry about what will
happen to your Bitcoin? What will happen to this? But
this thought must be coming to your mind right now that if Donald
Trump prints money then
we will benefit from it. Look, listen to this simple thing.
Money printing is like a cancer
and when the world was struggling a lot with this cancer,
Satoshi came and these
super punks came and they gave the world bitcoin.
If money printing was not happening, the
world would have been on the gold standard and bitcoin would
not have come. Do you understand the point?
Bitcoin is the cure for the cancer of
money printing? When irresponsible money printing happens by countries, where should people save their purchasing power? That is Satoshi's motto and he will have many super punks whose hard work has brought a bitcoin. Elon Musk is talking about, he is talking about curbing money printing.
Nothing happens immediately,
slowly and gradually, so in that scenario
obviously the price of BTC and crypto will
fall because there will be no money printing,
but it does not mean that
bitcoin and crypto will end. This is the
same thing that when there was gold standard,
gold used to grow organically
as its demand increased, as
its demand increased according to its utility.
Now the demand for gold is
so much by the central banks that
it is of no use. Gold is
bought only for the stock pile. Earlier there was
no gold buy for stock pile.
Earlier it was for its utility
and its price was defined as per its supply as per its demand in utility.
In this way the price of Bitcoin will increase overall.
But obviously it will not increase accordingly.
But the purchasing power of your existing money will also
increase. Then your
insecurities will reduce. When you are
able to afford more things with your money, then
even the nominal growth of Bitcoin will be okay for you.
You need growth right now
because inflation is happening all around you and
prices are increasing at a massive level.
To beat it you have to enter these bitcoin stocks,
crypto in it. But
when the price becomes reasonable, the
value of your existing fiat currency will increase
, purchasing power will increase, then you will
not move in that direction. Did you
understand it? But is it possible
that Elon Musk comes with a political party and
changes the whole game, then anything can happen.
But actually you see,
this is practically impossible because we have
so much money printing in the system and
things have progressed so much now that
people will become enemies of Elon Musk and the
public will not understand because the public is
used to eating free food. Free
ration, free hospital, free this, free
that, free this subsidy. There
are a lot of subsidies in America anyway. When Elon Musk
cuts subsidies, he will become an enemy. It
is not practically possible. It
feels good to hear things. So, whose side should you
take? In principle, morally, whatever your
heart says, morally you should take the side of Elon Musk. It is
not practically possible that what
Elon Musk is trying to do will be achieved. This
is exactly what Donald Trump wants to happen.
And he will ask the public.
He played one card. I will impose 70% tax. Ok
? I agree with Elon Musk.
What will the public say? No no, do
n't listen to Elon Musk. He is crazy. That is exactly what
I am trying to tell you. So it is
very important to understand what this fight is
? How will it impact Bitcoin,
Crypto and that and whose side should you
take? I have also explained both their views to you.
Ok? And before I go I'll
cover some more news. The
President of South Korea has appointed the
founder of Bitcoin and Crypto as the Chief Policy Officer
for the economic agenda. I mean,
imagine inside South Korea. Ok? The second
big thing is that big tech firms like Apple, X, and Airbnb are
embedding crypto wallets into their apps to boost crypto adoption.
Can introduce crypto wallets.
This is a news from the magazine Fortun.
And here, look at the global central
banks, they bought 12 trillion net
gold in April and 17
tonnes, 17 12 tonnes, 12 tonnes of gold in April, 17
tonnes in March, so the central banks are
buying gold with force. In the last 12 months, $
80 trillion worth of crypto was
traded on central exchanges. Ok
? Apart from that,
3% - 3.6% supply of Bitcoin is now held by
public limited companies.
Over the past few weeks, Wells has
added 11,000 BTC.
Almost 15,51,000 wallets have
added 11,000 BTC. After that we
move on to another news. JP Morgan Is
Now Letting Clients Borrow Against
Bitcoin ETF.
You can borrow against Bitcoin TF and Bitcoin is
depleting from the exchanges at a very fast rate.
This means
that the bull market is just around the
corner. Uber CEO says that he
can introduce payments via stable coins and BTC inside the Uber app.
And Trump Media, Trump's own company, is
going to SCC and raising money by
selling 2.3 billion rupees worth of debt and equity
to buy
Bitcoin. So, I hope you liked today's post.
If you like it,
please like it once and comment.
Ok? And before we go, today is Eid day. Wishing you
all a very Happy Eid and
stay happy and prosperous. Wherever you are.
Ok? And if you like the post, please
comment and if you are visiting the channel for the first
time, please Follow .
With this thought once again Eid Mubarak and take
care.
@AxperCryptoFree @CZ Love from Alok