So, will we start with what he has in everyone’s mind: the Americans are receiving a doge control!?
The doge $ 5,000 check is preparing to pump crypto. Think about 2021 on steroids. Personally, as a fiscally conservative investor, I will use from $ 5k to $ tsla. I’m kidding, I will probably use it to invest in multiple bitcoins.
The dividend of Musk’s doge suggests a bold plan to reimburse taxpayers by cutting federal expenses. The initiative aims at a cut of $ 2 trillions by 2026, with 20% of savings – very $ 400 billion – redesigned as checks of $ 5,000 for eligible families.
On this Feel good Friday, Let’s talk about doge controls, The Slow Solana Rugpull and Bitcoin Addict preferred by everyone, Michael Saylor!
Are Americans receiving doge control?
After posing with a chainsaw with the recent cryptocurrency Rag Puller Javier Milei – Usually an interesting boy, but that cryptocurrency launch was not Bueno—Musk float the idea on Twitter, saying he would “control with the president” on the stimmy checks.
To date, the government’s efficiency department has recorded savings $ 55 billion. However, the main media have questioned the doge numbers, some of which have underlined discrepancies in the saving reports of the Task Force. For example, a claim of $ 8 billion in savings was only $ 8 million, a significant overrated.
But if the plan works, here’s how the financial analyst of Azoria James Fishback thinks it will go down:
Fishback plan suggests that a one -off $ 5,000 discount check would be issued to families who pay the federal income tax. The estimates indicate that this would include about 79 million families.
However, the funds would be available only if doge reached its original savings goal of $ 2 trillion. In addition, the checks would require the approval of the congress, an uphill battle given the current political climate.
Yet this is Donald Trump and Elon we are talking about, so everything is possible.
The founder of Solana is crashing: have we broken Anataly?
After undergoing a 10% decrease on Solana this week, the founder Anataly Yakovenko seems to be to help.
A few days, I still can’t understand how Sam Bankman-Fried’s private playground chain has become so huge after the collapse of the Aftx. While Solana was the football of many jokes this year – many call it a blockchain full of rugs – the silver coating is an ETF Sol that probably takes place in 2025.
The probability on polleys are 80+%. So, we will see what he has in store this year Solana.
Michael Saylor wants the United States to buy 4.2 million BTCs
Michael Saylor is taking a tour of the United States to pump our bags to the historic tops.
Further reasons apart, if America wants to drive in the Bitcoin space race, it must be involved soon.
National states are already purchasing Bitcoin through proxy. It is a question of accumulation and not reveal. The reason why nobody is saying nothing is that they are afraid if they reveal that now they have x bitcoin, some other state-nation will say: “Oh, we do it too; In reality we have 2x bitcoin. “This is however my theory. China knows, Russia knows and the United States know it.
AS, The United States must make sure it has the maximum quantity before revealing anything. Or, I’m totally mistaken and nobody cares for some reason. But we will continue to stack anyway!
That’s all we have achieved Feel good Friday! If you are at Fed Denver next week, send me a line on X.
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