Bizarro World Podcast,
with Nick and Gerardo
Nov. 11, 2024
Bitcoin broke out to new all-time highs above $80,000 upon the election of Donald Trump.
Aligned with Elon Musk and Robert Kennedy Jr., Trump emerged as a pro-crypto candidate during this election cycle.
Our own Chris Curl predicted both the Trump win and the related Bitcoin breakout. As he wrote to you in these pages a few months ago:
I am thrilled about... the growing mainstream exposure Bitcoin and crypto are getting through endorsements from figures like Donald Trump and RFK Jr. In fact, RFK Jr. just threw his hat into the ring with Trump, endorsing him while dropping out of key swing states where his vote could hurt Trump’s chances. Perhaps inspired by Kennedy’s actions, former Democrat Tulsi Gabbard also just endorsed Trump… Both Kennedy and Gabbard are Bitcoin supporters who personally own crypto. The decentralized revolution against a corrupt establishment continues.
Chris has been covering the crypto policy in his bi-weekly Crypto Cycle newsletter, which we’ve been publishing for nearly three years now. He has readers up nearly double on Bitcoin and has an eight-bagger on Solana.
We are offering free trials to that premium service for the crypto-curious amid this recent election-based breakout.
Before Vice President Kamala Harris had even conceded the election, Cynthia Lummis, the sitting US Senator from Wyoming, tweeted in all caps, “WE ARE GOING TO BUILD A STRATEGIC BITCOIN RESERVE” after tweeting a picture of herself with the laser-eyes now associated with the crypto movement.
The arguments for doing such a thing are similar to the hard money movement’s reasons for wanting some sort of gold reserve or gold-backed currency.
We understand those reasons well, which is why we own both.
We also had Chris on the podcast this week to discuss all things crypto. He covers why Trump is considered pro-Bitcoin, and covers how the price action developed around past elections.
He also refreshes viewers on Bitcoin’s past and sheds some light on what it might look like in the future. And he gives you a free premium crypto coin recommendation as well.
It’s all in the 292nd episode of Investing in Bizarro World.
If you like what you see, make sure you check out Crypto Cycle as well.
0:00 Intro
0:52 The Trump & Bitcoin Election
11ish Bitcoin Past, Present, Future
18:20 Can Trump Unlock Economic Growth?
28:52 Premium Portfolio Picks & Market Watching