“Bitcoin has been a wonderful game, but with a couple giant players cornering the market, the timing is right to ‘build a better bitcoin’ — restarting the game!”
He didn’t stop there—oh no. He also dropped this bombshell:
“Folks cornering the market will say this is foolish, while they donate to Trump to encourage more buying, but…”
What’s Calacanis Really Trying to Say?
Let’s unpack this, shall we? Calacanis seems to be pointing the finger at Bitcoin’s current state, worried that a handful of big players are calling all the shots. He’s all about decentralization, but apparently, that ship sailed long ago.
What he’s really advocating for is a “better Bitcoin”—a new version that could undo the stranglehold these market giants have. It’s all about fairness and a level playing field (how novel!).
And then, he couldn’t resist taking a jab at those high-powered players, suggesting they’re using their money and influence to push narratives that suit them, like, say, donating to Trump. What a twist!
By challenging the system, Calacanis isn’t just throwing shade; he’s practically daring someone to create something better. Brave words from a guy who made his fortune betting on the next big thing.
How’s the Community Responding?
Well, not everyone’s buying what Calacanis is selling. Take Christopher David from X (formerly Twitter)—he wasn’t having it:
And let’s not forget Manny, another X user, who kept it simple:
“Brother, you missed it—just buy more.”
Bitcoin vs. Gold: The Battle Rages On
If the Bitcoin saga wasn’t already dramatic enough, it turns out the BTC vs. gold debate is heating up once more. Peter Schiff, the ever-vocal Bitcoin skeptic, has declared that Bitcoin is now in a “stealth bear market” compared to gold. Oh, Peter, you never miss an opportunity to pour cold water on the crypto crowd.
Once upon a time, Bitcoin was the hot shot, outperforming gold by over 12,000% in one decade and 200% in just two years. But 2025 has not been kind to Bitcoin.
Bitcoin has lost a whopping 32% of its value against gold, sliding from 41 to 28 on the BTC/gold chart. Looks like gold is once again the reliable store of value—shocking, right? Bitcoin’s so-called “Trump pump” gains? Gone. Meanwhile, gold soared to a new high of $3,000. Just another day in the uncertain markets.
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2025-03-17 12:10