🔥 REALITY CHECK 🔥 Two years ago, what was the market wishing for? We didn’t expect a President to appoint a Crypto Czar, form a Crypto Council or Digital Assets Working Group, or establish a SBR or SCR. All we wanted and hoped for, was for @SECGov, @FDICgov, @federalreserve, @CFTC, and other federal agencies to take the government’s 🥾 off the neck of the industry and allow a level playing field. We didn’t want conflicted or biased regulators picking the industry’s winners from losers. Finally, we wanted the SEC to not engage in regulation by enforcement - against the good guys - and instead - pursue fraudsters, pump and dumpers and other bad guys - not privately meet with them and giving the bad guys access and favorable treatment. LET’S BE HONEST: All we really wanted was a government that provided clear rules of the road, less overbearing regulations, establish a regulatory environment that fostered innovation in America and not force entrepreneurs offshore. In sum, ALL we really hoped for was for the government to establish clear rules, foster innovation , and GTF out of the way! If Scott or I or even someone like @fundstrat would’ve told you 2-3 years ago that we would experience the last two weeks, we would’ve been cancelled for being industry shills. If you’re a Financial Advisor how are you not negligent, or even reckless, to not advise your clients to have, at least, a small percentage of your investments in Bitcoin and/or other digital assets? Here’s 3 objective reasons: 1) The POTUS, from advice from his Crypto Czar, @DavidSacks, along with @BoHines and his Commerce Secretary, @howardlutnick, issued an EO, DIRECTING both the Treasury & Commerce Secretary’s to FIND ways to ACQUIRE Bitcoin in a “budget neutral” manner - of which there are MANY ways to do so. As an aside, the Commerce Secretary stated, on @APompliano’s podcast, that he has tens of millions of dollars in Bitcoin and he expected it to “soon, be in the billions”). Furthermore, Howard Lutnick’s firm, @cantorfitzgerld, owns up to 5% of @Tether_to. 👇 https://x.com/cryptosr_us/status/1886832592730705934?s=46 2) The Treasury Secretary of the United States, @SecScottBessent, said: “We’re starting with Bitcoin but it’s an overall Crypto Reserve.” 👇 https://x.com/johnedeaton1/status/1898196604223410285?s=46 3) @BlackRock’s Larry Fink, the Largest Asset Manager in the World, with over 11T under management, recommended everyone have 2-5% of their net worth in Bitcoin and, if that happens, BTC goes to 500-700K per BTC.👇 https://x.com/cointelegraph/status/1882096116633571809?s=46 Perspective!