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Trump, DeSantis 2024 Presidential Election Win Could Prompt Gary Gensler's Resignation, Says Former SEC Official
https://www.benzinga.com/markets/cryptocurrency/23/08/33819756/trump-desantis-2024-presidential-election-win-could-prompt-gary-genslers-resignation-says-

Posted by Dwyer at 6:04 PM

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Great collection of Bitcoin-only talking points selected by @BITCOINALLCAPS, featuring @Excellion @saifedean and yours truly, with cameos from @stablekwon and @APompliano pic.twitter.com/W7vepj0pJi
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99.9% of the money in the world is invested in assets like cash, stocks, bonds, gold, & real estate. #Bitcoin is competing with alt assets, not alt coins. Educating the majority should be more constructive than debating the minority.
— Michael Saylor (@michael_saylor) October 11, 2020

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Normal rational behavior pic.twitter.com/JTCdOS6yMG
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There are four main valuation frameworks for #Bitcoin and I wanted to summarize them with a target valuation that one would assign if one subscribed to that framework.

Thread 👇
— Vijay Boyapati (@real_vijay) November 10, 2020

Bitcoin Scenarios 1 & 2

2) Bitcoin is a new monetary technology whose appeal is largely limited to technologically savvy and libertarian minded people who can tolerate its volatility, which will be a permanent feature of its existence going forward.

Long term target price: $10,000 - $100,000
— Vijay Boyapati (@real_vijay) November 10, 2020

Bitcoin Scenarios 3 & 4

4) Bitcoin will ultimately become the world's reserve currency. It is superior as a collateral asset to anything ever created and will eventually drain store of value premiums out of government bonds, real-estate, precious metals and rare art.

Long term target: $10,000,000+
— Vijay Boyapati (@real_vijay) November 10, 2020

Bitcoin - Closing Comments

After existing for a decade the first valuation framework, which was dominant in the early years, is now only subscribed to by ideologues and luddites (e.g., @PeterSchiff, @paulkrugman and @nouriel). No intelligent thinker who understands #Bitcoin subscribes to this framework.
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