Trump Coin at $9.3 Billion 😮

Trump Coin. Wow, $9.3 billion market cap according to CoinMarketCap. Trump Coin, which only got launched a couple of days ago, is already at a market cap of $9.3 billion. Wow. By the way, this is not financial advice, and I am not telling you to buy Trump Coin. Um, let's hope he doesn't pump and dump it. But it's fascinating, isn't it, that we have a president who is wildly influential on social media, who's launched his own meme coin. So I don't know if you know the Trump coin, but it's essentially a meme aimed at people who support Trump and his values and ideals. Um, And, um, for anyone who wants to be a winner, now there's absolutely zero utility that I can see to Trump's meme coin. Um, and all these meme coins that seem to be pumping and then dumping and then pumping and then dumping, I can't see where the utility is, and that worries me. So essentially it feels like, well, when they're popular, um, you're likely to get a big volatile high, and then as soon as they're not, you're likely to get a big volatile low. Um, now here's something though that I find interesting about Donald Trump and crypto. Um, he's very pro-crypto, and that does— I'm— this is not financial advice, but I'm just telling you, um, Obviously, if he's pro-crypto, that gives his coin a chance to grow for the long term. He's released some of the liquidity, but he's holding back billions in liquidity over the next 3 years. Um, so I guess it's somewhat modeling Bitcoin, and he's— I think he's shown an interest in maybe having Bitcoin, um, as a reserve. And Bitcoin, I actually would make a good reserve. So if I think— because Bitcoin seems to be deflationary, whereby it goes up, not down. Now, money is inflationary, where it goes down and not up. So the more inflationary something is, the more it goes down, and the more you're going to spend it today because you're worried about it being worth less tomorrow. But the more deflationary something is, i.e., it goes up, You'll hold it today because you think it might be worth more tomorrow. This is one of the reasons why I believe Bitcoin will never be a currency. It's a store of value. Because why would you spend it if you believed it would be worth more tomorrow? You wouldn't. So money works well as money, and money's actually good for economic growth and GDP. And when there's more inflation, what it does is it pings more money out into the economy. It's kind of paradoxical because the higher inflation is, the less, the least, the less your money is worth. But the more you're going to put into the economy and spend because you don't want it to be worth less, and therefore the economy is going to grow. Which is why they kind of have these target amounts of inflation. High enough so that people want to spend money, low enough that money doesn't go down in value. So I kind of partly think, well, inflation It's a bit of a scam because your money should always be worth the same. But if money never moved in value, if money was worth the same, and you'd store it more and you wouldn't spend it more. So you need this balance. But Bitcoin could make a great reserve because it's deflationary and it goes up. And imagine that as a reserve, which is where it's going up, where national debt could get paid off. And I think Trump is open to all this. I can't say for sure, but It seems to be. So all of this lends itself very well to crypto, uh, as a concept that becomes real and mainstream and, and is more effective in many ways than money, than fiat currency, which has gone down so much over time. It's basically worth nothing now compared to 1971 when it started. So anyway, let me know what you think about the Trump coin. Let me know what you think about it going from $0 to $9 billion in market cap in no time at all. Is this going to be a pump and dump? Because what happens if, you know, Trump's popularity starts to wane like most presidents and prime ministers as soon as they come in power? His inauguration, the coin pumps even more, and then some stuff comes out in the news. He's not— some of his policies aren't popular, and Burry's coin goes down and everyone loses a load of money. That's going to look bad on a president. Which is why I'm quite shocked and surprised that the president has launched his own coin. I wonder what the, um, FCC rules are, or the SEC in, um, America, the rules are around that. I don't know. Anyway, it's mad, it's bonkers. Let me know what you think. It's just a sign of the times. Be very careful when you're putting your money into meme coins. Only put money you can absolutely afford to lose. And even if you do your research, you're probably just gambling. Probably much safer in something like Bitcoin or gold, for example. Now look, I love talking about all things business and money because, um, the economy is the bedrock of everything. Um, if we have a strong growing economy, we can afford the NHS, we can afford to mobilize the police, um, you know, give them more power and have more resource. And you know, the rising of the tide lifts all ships. If the economy is good, we're all getting richer. And right now in the UK, the economy is doomed. And the UK is doing the opposite of the US. The US has all these entrepreneurs at the top clearly being adventurous and entrepreneurial and disruptive and making moves to grow the economy. And the economy in America has been pretty, pretty good considering what's going on in the world. And in the UK, it's really bad. No matter how much Labour say that it's pretty good, it's really bad. But the best way to help the economy is to help your economy. So there's GDP, then there's your GDP. There's the economy, then there's your economy. And you could do what I do and put a lot of content out there and speak out about these things. And you could do what I do and support a lot of people if you want. Or what you do is you make sure that you get really good at making, managing, and multiplying money. You make sure that you get good at building multiple streams of income, investing in assets, investing in yourself, starting your side hustle, getting the pay rise, because everything starts with you. So if you'd like to make, manage, and multiply more money and build multiple streams of recurring income, start your side hustles, get your tax bill down and your income streams up, I recommend you join Rob.team. Rob.team is my digital financial freedom platform to help you start and scale a business, to help you get your tax bill down, to help you build multiple streams of income. There's hundreds of hours of courses, resources, and masterclasses immediately accessible online when I give you the link, all for less than 20 pence a day. Cancel anytime, no ongoing contract. It's basically free, it's just a tiny admin charge. I'll tell you why I'm doing this in a moment, but if you go now to the link rob.team. R-O-B dot T-E-A-M. If you go to the link now, um, you can join at no risk because you can cancel any time. Like I said, it's basically an admin fee of 20p a day. And the reason that, um, it's basically not even a tenner a month is because I wanted it to be less than Netflix, just because, you know, information is better than entertainment. The more you learn, the more you earn, and you don't learn and earn watching Netflix. Um, but also it was about 5 times the price before lockdown, but then when lockdown happened, I put it right down to basically the admin fee of 20p a day, payable monthly, because I wanted to help as many people as possible through the difficult times in lockdown. I said I'll put the price back up to normal when things got better, and things haven't got better, but I want them to get better for you. So you can join now, no risk to you, rob.team, just type in R-O-B dot T-E-A-M. And there's a few things that I think you'll really love. Number 1 is I'm launching a homeschooling series, financial education for kids of different ages. That's coming this year. And if you have children under the age of 18, you can give them your login and children, all kids under the 18 will get a free membership of rob.team with your login. Um, because I'm putting my money where my mouth is and I'm actually doing stuff about this and helping. Whereas your kids go to uni, they'll be 50 grand in debt in 3 years. I'm disrupting the education system, which is why I was going to say why I don't talk in schools. I actually am speaking at Eton, um, in a couple of weeks' time. But you know, I'm setting up my own money school, and rob.team will be rebranded as money.school in the future. It's a global financial resource to help you get better financial knowledge. To help you make, manage, and multiply money. Also, if you join right now, I can't do this for everyone because we don't have too many people in the rooms, we keep it intimate, but I've got a Money Maker Summit coming up in a few weeks' time, and for the early adopters who go and join now, I'll give you the chance to get a Money Maker Summit ticket for free on me. I'll sponsor the first event for you. And we've got our 15-hour Money Mastermind University online course. Which is basically how I would disrupt education because you're not taught budgeting, you're not taught money management, you're not taught money emotional management, you're not taught about what inflation really is. You know, I just talked about inflation and deflation and you're not taught any of that stuff. You're not taught to make money. You're taught to get into debt, pay your taxes, pay your interest, pay tax while you're alive, pay tax when you die. And so I teach all this stuff inside Rob.team and I've got a 15-hour Money Mastermind University. So if you join now, you can grab a Money Maker Summit online, live event ticket. I'll subsidise a few of you. And then also the Money Mastermind University. There is just, there itself is 35 hours of content to make, manage, and multiply money. We're also just starting to do a live tax saving masterclass. So if you'd like to get your tax bill down, which is your biggest expense, it's all in rob.team. So just type in right now, rob.team. Because remember, if you don't risk anything, you risk everything. And let me know what you think about Trump Coin. $9 billion, $9.3 billion market cap in a few days. His inauguration's coming. Is it going to go higher? Will he maintain it? Will it be another pump and dump? Will Bitcoin become a reserve currency or a reserve In the US, could it solve a lot of the national debt problems and the high inflation on money problems? These, I believe, are all interesting questions which, number one, you want to learn this stuff because it helps you make more of your own money, but of course it's a fascinating time to be alive. So thanks for tuning in. Remember, if you don't risk anything, you risk everything, and I'll see you at rob.team for hundreds of hours of courses, resources, and masterclasses updated every week. Twice a week content updated and it's been going for many years. So get in, learn, earn, invest to build multiple streams of recurring income for you and your family.