Let's Go Brandon has acknowledged the existence of cryptocurrency. This has caused a surge in cryptocurrencies. It doesn't mean the outcome will be friendly to the crypto world, but it does show that crypto has become a stronger footing. Given all the money printing over the past few years, there's a growing lack of faith in the U.S. dollars. There's a growing concern about stagflation.
What I think this means is a place for parking assets in the face of a looming stock market correction, bear market or crash. I don't think it's been initiated by Let's Go Brandon, but by interests outside of government, looking for that sort of safe haven possibility in order to not be limited to gold. Just my two cents.
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