Signalclout #28: Crypto ATH & Trump Launches Truth Social
BTC ETF gets approved hits new ATH and is Trump getting his microphone back?
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Welcome to the 28th issue of the Signalclout newsletter.
It has been a good week for crypto. While there was a suspicious drop to $8.5k on BinanceUS, all seems to be well in the crypto world.
As with all cycles, there will undoubtedly be a correction at some point. It is futile trying to time the market, and time in the market is what makes all the difference.
What is becoming more evident with every passing day is that what started as an underground experiment to challenge the establishment doesn't need to prove itself as much anymore.
These are special moments in history. If we look back, whether it was the printing press, the steam engine, the telephone or the internet, it permanently changed the trajectory of our lives.
The one topic that I was most intrigued by this week was Trump's launch of his SPAC. While it doesn't have much to do with crypto or the creator economy, it is a harbinger of how powerful factions and the aggregation of a community can be.
The SPAC essentially provides Trump with a massive war chest, a platform to spread his message and the ability to bring his supporters together.
Technology enables all of this, and while he has not chosen to go down the decentralized path, it outlines a playbook.
Whether you choose to spread a political message or use it build a billion-dollar empire based on cosmetics. The establishment is coming to a gunfight with a knife.
In this issue, we look a little deeper into the Trump SPAC and what it may entail and see if we can piece together parts of a playbook that may be available to DAO's in the future.