Bo Hines reveals the 🇺🇸U.S. may sell its gold to buy Bitco | Farid Msd on Binance Square

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Bo Hines reveals the 🇺🇸U.S. may sell its gold to buy Bitcoin, targeting a 1M $BTC reserve — 5% of  the total supply — via the Bitcoin Act of 2025, positioning the U.S. as a global crypto leader
Source: Benzinga

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The UK’s manufacturing trade representative body Make UK, said the 10% tariff Donald Trump on UK exports will be “devastating” and “highly disappointing” given the country’s balanced trading relationship with the US. Stephen Phipson, chief executive of Make UK said it would impact directly and indirectly. “The US President’s announcement of 10% tariffs on UK goods exported to the United States and 25% tariffs on British made autos, steel and aluminium is devastating for UK manufacturing” “Even without a formal preferential trade agreement, the UK and US have for decades enjoyed a balanced trade relationship, with mutual collaboration and investment that has helped job creation, growth and shared endeavour on both sides of the Atlantic. “It is highly disappointing that the strength of this relationship, at a time of where both countries need to boost shared growth, employment opportunities and innovation options, does not extend to enhancing free trade rather the reverse, the consequences of which will immediately harm the US consumer and economy too.”

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Deceit is not an enemy's invention but a friend's inventionSmith's economic theories, if applied to the crypto market, would mean that: Free market forces determine prices. Adam Smith's "Invisible Hand" theory states that if there is no intervention in the market, prices are automatically determined by Supply & Demand. The crypto market also operates on the same principle, where investor demand and selling drives the price up or down. Possibility of Speculation and Deception Adam Smith warned that certain capitalists or entrepreneurs could artificially raise or lower prices. In the crypto market there are "pump and dump" schemes, whale trading, and attempts by the media to drive up or down prices. Long term value (Intrinsic Value) and actual market position According to Adam Smith, the price of a thing should be according to its real value (Intrinsic Value), not just speculation. Deceit is not an enemy's invention but a friend's Much of the value of cryptocurrencies is based on speculation, so there is high volatility in prices. So can the crypto market go up? If demand increases (e.g. large institutions buy crypto, a country gains legal status, or new technology emerges), the price can go up. If speculation or market manipulation is high, the price may fluctuate unexpectedly. According to Adam Smith's principles, if crypto finds long-term utility, such as payments or a functional role in the economy, its value can stabilize. Result: The crypto market can go up, but it depends entirely on the free market and speculation. According to Adam Smith's principles, if the real-world utility of cryptocurrencies increases, the price can become more stable and sustainable.#cryptouniverseofficial #crypto

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