Jim Cramer admits it! SBF charges dropped??!!! Bitcoin ETF by end of this week - Ep.7 episode artwork

EPISODE · Jan 2, 2024 · 9 MIN

Jim Cramer admits it! SBF charges dropped??!!! Bitcoin ETF by end of this week - Ep.7

from Fractal Bitcoin · host fractalchris

The price of bitcoin currently around $45k. It went up around 5% ($3k) over the past day or so. But it wouldn't be weird or bad if the price came back down below $40k for a bit until it continues its surge upward over the next 18-24 month bull run.He finally admitted it:Jim Cramer, a well-known Bitcoin skeptic, has recently changed his stance on the cryptocurrency. Acknowledging its resilience, he remarked, "you can't kill it," and admitted to its technological marvel. This sentiment echoes that of Michael Saylor, who has long recognized Bitcoin's significance, stating, "Bitcoin is a reality. It’s a technological marvel, and people need to start recognizing that it’s here to stay." Together, their statements mark a notable shift in the perception of Bitcoin's role and longevity in the financial world.TWEET 1: https://twitter.com/bitcoin_scoop/status/1742207737411326335TWEET 2: https://twitter.com/saylor/status/1742201268687245635Cool Bitcoin art:The BTC logo in glowing heart, made by yegorpetrov: https://primal.net/e/note1au82aq8hxj9vdug6zfz7nzvmmj9knj96t72rxrgnw5htfj5tvzdqjmjg4wLiteral political corruption shoved in our face:In a bewildering turn of events, Sam Bankman Fried, previously embroiled in a political donation fraud case involving $100k of misappropriated funds mainly given to Democrat organizations, astonishingly had all charges dropped. The rationale provided by the court is as perplexing as it is frustrating – they expressed a desire to expedite his other legal proceedings and swiftly move beyond this issue. This decision starkly illustrates a disturbing pattern of privilege and protection among political elites, a luxury blatantly denied to ordinary citizens.TWEET 1: https://twitter.com/PerianneDC/status/1741504944522272946TWEET 2: https://twitter.com/WalkerAmerica/status/1741511582268461414Bitcoin Spot ETF approval:Bitcoin Spot ETF approval from SEC now likely to come by the end of this week — https://primal.net/e/note12dqswvfu5fsxh6ptf5uxz6qynhpsk79rx7wc0r6jnedwvaqyl9ps2m6sdwAfter Gold got its ETF in 2004:After the approval of its ETF, gold experienced an 8-year bull run. With the imminent approval of the Bitcoin spot ETF, it's intriguing to speculate how much Bitcoin, a VASTLY superior asset compared to gold, will outperform it. Given Bitcoin's history of consistently outperforming gold, this upcoming phase could be even more significant. (See the website for the image: https://fractalbitcoin.com/)SimpleX vs SessionI found this video on SimpleX vs Session, two excellent private messaging apps, very enlightening. VIDEO: https://video.simplifiedprivacy.com/simplexsession/MEME: “Bitcoin and Freedom, Debt and Slavery”NEW website for Fractal Bitcoin! -- https://fractalbitcoin.com/Subscribe to Fractal Bitcoin and share our channel with that one friend you have that would probably love quick Bitcoin news every day ;) Join our Locals community — https://fractalbitcoin.locals.com/

The price of bitcoin currently around $45k. It went up around 5% ($3k) over the past day or so. But it wouldn't be weird or bad if the price came back down below $40k for a bit until it continues its surge upward over the next 18-24 month bull run.He finally admitted it:Jim Cramer, a well-known Bitcoin skeptic, has recently changed his stance on the cryptocurrency. Acknowledging its resilience, he remarked, "you can't kill it," and admitted to its technological marvel. This sentiment echoes that of Michael Saylor, who has long recognized Bitcoin's significance, stating, "Bitcoin is a reality. It’s a technological marvel, and people need to start recognizing that it’s here to stay." Together, their statements mark a notable shift in the perception of Bitcoin's role and longevity in the financial world.TWEET 1: https://twitter.com/bitcoin_scoop/status/1742207737411326335TWEET 2: https://twitter.com/saylor/status/1742201268687245635Cool Bitcoin art:The BTC logo in glowing heart, made by yegorpetrov: https://primal.net/e/note1au82aq8hxj9vdug6zfz7nzvmmj9knj96t72rxrgnw5htfj5tvzdqjmjg4wLiteral political corruption shoved in our face:In a bewildering turn of events, Sam Bankman Fried, previously embroiled in a political donation fraud case involving $100k of misappropriated funds mainly given to Democrat organizations, astonishingly had all charges dropped. The rationale provided by the court is as perplexing as it is frustrating – they expressed a desire to expedite his other legal proceedings and swiftly move beyond this issue. This decision starkly illustrates a disturbing pattern of privilege and protection among political elites, a luxury blatantly denied to ordinary citizens.TWEET 1: https://twitter.com/PerianneDC/status/1741504944522272946TWEET 2: https://twitter.com/WalkerAmerica/status/1741511582268461414Bitcoin Spot ETF approval:Bitcoin Spot ETF approval from SEC now likely to come by the end of this week — https://primal.net/e/note12dqswvfu5fsxh6ptf5uxz6qynhpsk79rx7wc0r6jnedwvaqyl9ps2m6sdwAfter Gold got its ETF in 2004:After the approval of its ETF, gold experienced an 8-year bull run. With the imminent approval of the Bitcoin spot ETF, it's intriguing to speculate how much Bitcoin, a VASTLY superior asset compared to gold, will outperform it. Given Bitcoin's history of consistently outperforming gold, this upcoming phase could be even more significant. (See the website for the image: https://fractalbitcoin.com/)SimpleX vs SessionI found this video on SimpleX vs Session, two excellent private messaging apps, very enlightening. VIDEO: https://video.simplifiedprivacy.com/simplexsession/MEME: “Bitcoin and Freedom, Debt and Slavery”NEW website for Fractal Bitcoin! -- https://fractalbitcoin.com/Subscribe to Fractal Bitcoin and share our channel with that one friend you have that would probably love quick Bitcoin news every day ;) Join our Locals community — https://fractalbitcoin.locals.com/

NOW PLAYING

Jim Cramer admits it! SBF charges dropped??!!! Bitcoin ETF by end of this week - Ep.7

0:00 9:51

No transcript for this episode yet

We transcribe on demand. Request one and we'll notify you when it's ready — usually under 10 minutes.

No similar episodes found.

No similar podcasts found.

Frequently Asked Questions

How long is this episode of Fractal Bitcoin?

This episode is 9 minutes long.

When was this Fractal Bitcoin episode published?

This episode was published on January 2, 2024.

What is this episode about?

The price of bitcoin currently around $45k. It went up around 5% ($3k) over the past day or so. But it wouldn't be weird or bad if the price came back down below $40k for a bit until it continues its surge upward over the next 18-24 month bull...

Can I download this Fractal Bitcoin episode?

Yes, you can download this episode by clicking the download button on the episode player, or subscribe to the podcast in your preferred podcast app for automatic downloads.
URL copied to clipboard!