【Bloomberg publishes an editorial, 'Attacking' Trump as a fool】

It is well known that Trump has a strong preference for Bitcoin, stating that he would make Bitcoin a reserve currency for the government upon taking office, which is why Bitcoin recently broke the $100,000 mark. However, Bloomberg recently published an editorial claiming that this approach is foolish.

The Bloomberg editorial states that Bitcoin lacks value and is merely a speculative tool, having neither industrial application scenarios nor actual cash flow, and its connection to the real economy is minimal. It is pure speculation, with its price driven entirely by market sentiment and the willingness of the next 'greater fool'.

The editorial also emphasizes that establishing a Bitcoin reserve would not aid public finances but rather benefit existing Bitcoin holders. In this scenario, the U.S. government could become the biggest loser in the market, essentially the 'fool' willing to pay the highest price.

The Bloomberg editorial holds a negative view of Bitcoin's value, suggesting that blindly promoting Bitcoin could lead to severe economic losses. More importantly, aside from business discussions, it may reflect the prevalent negative perceptions of Trump in the U.S. media, portraying his actions as foolish. What do you think? Do you believe buying Bitcoin is foolish? #BTC☀