Only a week ago, Trump threw his tariff net across many lands, notably China, then—voilà—he lifted it to 104%. Markets swooned like fainting aristocrats, fearing the U.S. might tumble into economic gloom and drag others along. Meanwhile, the Nasdaq 100 tripped down 12%, and even the famed bitcoin plummeted 10%, briefly glimpsing the unseemly price below $75,000. 📉
His recent inquiry, a veritable spark in the icy waters of the Riksdag, has ignited a debate that could rival the most heated discussions over the merits of herring versus gravlax. Should Sweden, the land of ABBA and IKEA, really contemplate including BTC in its official foreign exchange reserves? The question hangs in the air like a cloud of Swedish smoke, thick and pungent.
Perpetual swap contracts are like that friend who always wants to bet on the price of a coin without actually owning it. They function similarly to futures contracts, but here’s the kicker: they never expire! So, traders can hold onto their positions longer than a bad relationship. 💔
In his truly *unparalleled* wisdom, Hoskinson could not help but bring up the ever-popular subject of the moment: the Trade War, which, under the diligent direction of President Trump, now affects virtually every corner of the globe. According to the great man himself, this entire debacle is, in fact, the perfect illustration of why the world needs decentralization—and, yes, you guessed it—blockchain. What a revelation! 🔥
Verily, on the eve of another round of American tariffs, our fiery President all but serenades the gods with charges that Beijing tweaks its currency. He bemoans that this clever contrivance vexes the United States, though he remains as silent as a mime on the precise manner of its effect. A most mysterious show indeed! 🤭