Get your popcorn and your favorite cold beverage, it's going to be entertaining tonight!
In what will likely be the best television any of us has seen recently, the 1st presidential debate takes place tonight.
We have in the red corner, one Donald Trump.
In the blue corner, we have one Joe Biden.
Donald is the incumbent and clearly not willing to go down without a fight, will sleepy Joe (as Trump will likely call him) thinks he can do better than Trump has been doing, especially when it comes to the coronavirus pandemic and the country wide riots and protest.
Who you got tonight?
Sleepy Joe or the Orange Man?
What really matters to most of us...
Yes the leader of the wealthiest country in the world is a big deal, but most of this is all just noise, regardless who wins.
The world will keep spinning and money will keep being printed.
The really interesting thing about all of this is that the last time we had one of these things, bitcoin was over $10k LOWER than it is right now...
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Now that's what really matters!
Regardless of who wins the debate tonight or eventually the election the backdrop for bitcoin and crypto won't change all that much.
Money will keep being printed and the FED will keep supporting asset prices.
Which means, regardless of who wins bitcoin will be higher than it is today the next time we have these debates again for years from now.
If history repeats...
Bitcoin is now $10,800 and roughly 17.5x where it was 4 years ago.
If you extrapolate the same gains we say this time around, would be looking at a price of around $190k per bitcoin roughly 4 years from now.
Not sure about you, but that is something I can stomach regardless of who wins.
Money will still be green and bitcoin will still be higher.
Other than that, get your popcorn ready and enjoy the show!
Stay informed my friends.
Image Source:
-Doc
Posted Using LeoFinance Beta
“most of this is all just noise, regardless who wins.”
Totally agree! These two don’t deserve my attention no matter how much power they have. Let’s focus on what we can do
Bitcoin likely marches higher either way. That's what matters to me at this point.
thanks for reminding me of this important thing.