TM&TG, also known as Trump Media & Technology Group, is now thought to be the next microstrategy. Let us examine if this makes sense for a second, and whether Trump is indeed any better than any of the other crooked politicians.
It would make sense for the corporation controlled by the president and his family members, which is stockpiling bitcoin after claiming to be the most pro-bitcoin government ever, to acquire it in droves. This may be termed insider trading, but it happens all the time, and if I were in their situation, I would do the same thing.
Part of this group is the website Truth Social, which has just filed a digital wallet and payment processing wallet called truthfi. Personally, I'm not a fan of the full truth name. That's because it's just as pathetic as fact checkers, haha. The only reality that exists on there is whatever truth you choose to make up.That being said, TruthFi appears to be hinting at adopting cryptocurrency into its system. But I'm guessing it'll be very lame. It will most likely be a wallet that allows you to exchange and trade tokens, but it will not have any DeFi or similar features. Just an overhyped wallet that does the same thing or less than every other wallet on the market. (That's my prediction)
According to recent reports and studies, MicroStrategy presently possesses 386,700 BTC, which is a staggering amount of bitcoin possessed by any other person.They continue to increase their fortune through bitcoin, but I have to worry when it will all come tumbling down if a single individual continues to own the great majority of bitcoin in circulation. If more firms and governments become involved, the great majority of bitcoin might end up in the hands of only a few key people, which is precisely what bitcoin was designed to prevent and avoid.
