Every crypto investor wants to figure out what it will be that kicks off the next bull run
into high gear. Where everyone: the media, your mom, maybe even your grandparents are talking
about crypto and the prices are pumping by 5% to 10% daily. So do I know what it
will be? Well you know what I always say…the more things change. The more they stay the
same!! So let’s find out what the bullrun spark will be. Because it’s time for Chico Crypto!!
Well it seems like a lifetime ago, but do you remember the parabolic movements during the bull
run hype at the end of 2020 through 2021?? Well if you have forgotten…let me refresh your memory….
Elon musk, and his support for Bitcoin and even some altcoins,
were a major reason the markets blew up like they did. As we can see,
after the blowoff top at the end of 2017…btc went into a brutal bear market & the prices weren’t
pushing back to the previous all time high of $20k until 3 years later, at the end of 2020….
BTC was struggling to break 20k, but in December Elon made this break look like a piece of cake.
Elon tweeted meme’s about Bitcoin, discussed the asset and transaction size with Micheal
Saylor & even tweeted that Bitcoin was his safe word.
As we can see, after these tweets, the price smashed 20k, it smashed 30k,
and jumped all the way up to 40k by the next month, early January of 2021. Could elon make
the price go higher? Well we can see that the price dipped down to 30k in January too,
well in later January he changed his Twitter profile to include the word
Bitcoin…and on the same day tweeted “in retrospect, it was inevitable”
Shortly after that tweet, only days after the price rocketed up to 50k….well finally
in February…Elon announced that Tesla had bought a bunch of Bitcoin and was
adding the asset to it’s Balance sheet, shortly after this was announced Bitcoin hit above 60k.
Elon’s influence over the last bull run is highly underappreciated by crypto
investors far & wide ... well let me tell you, the naysayers who hate on Elon….he is once again going
to influence the parabolic movements of this next run…the writing is on the wall that it is coming…
So what exactly is coming Chico?? Well let me break it down for you real quick…
If you didn’t notice, BIG changes are coming to Twitter of which Elon
is now the owner of. Twitter is being rebranded,
no longer called Twitter but called X…the bird logo is gone, replaced with an X.
So what does this mean?? Well if you didn’t know, Elon Musk was a part of the world’s first online
bank, Paypal, which was originally called x.com, as we can see from the branded cards
and paypal was just a product of theirs. Who founded x.com, the original Paypal?? Elon Musk…
Now Luke Nosak, was also one of the original founders of the paypal product that launched
out of x.com…and Luke explained in 2019, what was the original vision of Paypal aka x.com…
They originally wanted to create a decentralized currency that wasn’t
controlled by the banking cartels and governments who could debase it.
Was there ever a side project going on during the early days of Paypal
when it was x.com?? A side project that could have been a decentralized
currency? Well Elon might have gave us a hint back in January of 2021….
Elon tweeted x.com/x…with the meme that showed his whole body was hurting
because the domain for a side project he never launched was up for renewal…
Well was that side project the original vision of Bitcoin? Were they attempting
to build a true online bank that ran off of a digital currency? I think so…
And now it seems Elon is bringing back this original vision with his purchase
of Twitter…he is looking to take Twitter beyond just a social network…into an everything app,
which includes using money that isn’t powered & controlled by groups of banks & governments.
Elon has tweeted that his purchase of Twitter was just an accelerant for X,
what he calls the everything app, all the way back in October of last year….
So what is the everything app? Well Elon retweeted the CEO of the newly rebranded
X aka Twitter, Linda Yaccarino explaining the app. This is what she said about it “X is the
future state of unlimited interactivity – centered in audio, video, messaging,
payments/banking – creating a global marketplace for ideas, goods, services,
and opportunities. Powered by AI, X will connect us all in ways we’re just beginning to imagine.”
The X app will be centered around payments and banking!! Where a global
marketplace will take shape for ideas, goods, services,
and opportunities. And Elon musk explained in an interview 2 days ago, that X was aiming HIGH!!!
X is aiming to take a fair chunk of the global financial system.
Half of it, if done right. How will it accomplish this? Well Elon explains…
The key there is he describes X, as becoming the
most efficient database for the thing we call money….
Will X be based on the government’s? Does Elon like money in its current form?? Well
let’s listen to his on words on this during the Lex Friedman podcast from December of last year.
He dislikes the database of money, because governments control it and
can edit it. What does he see as a better database? Let’s listen in…
Crypto is the better database for money…so when Musk talked just a couple days ago about
X being the most efficient database for money, he meant it will involve crypto…
So what cryptocurrencies will be added into X for payments? Well on the day of
the X rebrand of Twitter, Elon Musk changed his location, to show X and a certain D…the
D logo for dogecoin. In the past, Elon has tweeted that he is working with the dogecoin
developers & he constantly reminds the public that it is his favorite cryptocurrency…
Obviously dogecoin will be included in some form..
But what else?? Well you just have to dive into the current X payment features to figure it out.
If you didn’t know, on Mobile, X currently has a creator tipping feature, where people can TIP in
fiat currencies, but also two other ways. If we go into edit my profile, and then down to tip,
we can see the two other payment options, people can TIP with Bitcoin or with Ethereum.
So I’m predicting right now, this next BULLRUN is going to be lifted in to
parabolic mode once Elon starts tweeting hints about their cryptocurrency plans. He
has already been dropping breadcrumbs, but once he directly mentions Bitcoin,
Ethereum & doge can be used within the X app for all of it’s coming payment features….the
markets are going to go wild. Remember the more things change, the more they stay the same….
Well my friends if you like this content don’t forget to subscribe, follow me on X,
@ChicoCrypto & @leaksblockchain & of course come join the chat on Telegram,
where I talk about my coming content early. t.me/ChicoCrypto. Cheers I’ll see you next time!