Michael Saylor responds to US tariffs on gold
"Bitcoin lives in cyberspace. No tariffs in cyberspace."
@bitcbot
"Bitcoin lives in cyberspace. No tariffs in cyberspace."
@bitcbot
The top 1% now controls over $54 trillion β 468x more than the bottom half of America.
And the gap is still accelerating.
π‘ Since 1976, the top 0.01% have increased their wealth nearly 8x faster than the bottom 50%
π‘ Elon Musk alone holds more wealth than 165 million Americans combined
π‘ The bottom 50% barely register on the chart β and their line stays flat even during bull markets
π‘ Post-2008 QE and low rates fueled the steepest divergence in history
π‘ The top 1% added $20T+ in wealth since 2020. The bottom 50% addedβ¦ debt
All this while politicians argue about student loans and gas prices.
The real inflation was in asset prices. And it wasnβt evenly distributed.
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According to report, El Salvador now allows banks to operate entirely as BTC banks for accredited investors.
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@bitcbot
Samson Mow says Ethereum investors are rotating their Bitcoin to pump $ETH on new narratives like Ethereum Treasury companies, then dump $ETH at highs to rotate gains back into $BTC, warning "No one wants ETH in the long run."
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