«Look at what they do and not what they say! (Or they don’t say)”, writes an X user in response to the comments published by analyst Juan Rodríguez about President Donald Trump’s inaugural speech.
With it draws attention about the actions carried out by the new president within the framework of his inauguration this January 20, when despite not talking about the digital currency, the platform managed by the Trump family makes a purchase of bitcoins just hours before the event.
This is how you know the purchase of USD 47 million in ETH and wBTC (the wrapped token created to maintain parity with bitcoin and trade representations of BTC on DeFi platforms) made by the company World Liberty Financial (WLFI).
The information was spread by David Bailey, CEO of Bitcoin Magazine, who posted on X that the US President’s cryptocurrency team had begun create your treasury in BTCvery much in the style of MicroStrategy.
He thus highlighted the multiple purchases that were carried out in increments of USD 4.7 million.
The information also was shared by the CEO of MicroStrategy, Michael Saylor, citing the move made by the new president’s platform, in the middle of a presidential speech that At no time did he talk about the government’s plans. with cryptocurrencies.
“Trump knew he wasn’t going to talk about bitcoin in his first speech…” writes about it the analyst Juan Rodríguez, showing that everything seems to be part of a strategy which began with the launch of Trump’s and First Lady Melania’s memecoins.
The bullish climb that registered the price of memecoin Official Trump (TRUMP), presented on January 17, quickly converted it into the fourth memecoin with the highest market capitalization.
As reported by CriptoNoticias, the price has begun to deflate after the speech, although there are those who see all these events as a “play.”
An idea that was supported even by Peter Schiff, who suggested who probably used the proceeds from the TRUMP sale to buy the ether and bitcoins involved. “That’s why I would say it doesn’t make sense,” he added without fully clarifying his comment.
“He drained liquidity with his memes, he did not quote BTC and he just bought 470 bitcoin tokenized in ETH,” Rodríguez notes, concluding that what they did was “take advantage of the takeover to make money.”
“They are clear,” said Rodríguez, outlining an idea that was supported by many of her followers. “At the end of the day, he is a businessman in every sense of the word,” commented the user @jonhyswin, remembering that Trump is above all a businessman.
In that sense, there are those who consider that there is a certain logic in the fact that Trump did not mention BTC, because they recognize that the president really not a bitcoiner.
“We all knew that he was not going to be a maximalist of BTC and the freedom that it brings, I don’t think any government will be, but I think he is being more speculator than I expected,” writes @TotalIntegrity.
For Rodríguez and other users of the social network, everything indicates that the Trump family go to bitcoin “like a casino.”
Something that for many users is a sign that the president “It seems that this world has been taken not very seriously.”
However, there are those who advise wait for the next days… and months to find out if Trump’s promises with bitcoin will really be fulfilled. They allege, therefore, that the implementation of the regulation and the measures expected for the development of the sector require time to materialize.
Meanwhile, Congress prepares to welcome Trump with key appointments and a majority of pro-Bitcoin legislators, institutional investment in BTC grows, and digital currency marks a new all-time high.
