Summary
Donald Trump is forming the wealthiest administration in U.S. history, collectively worth over $330 billion.
Billionaires like Elon Musk ($300B), Linda McMahon, and Vivek Ramaswamy are key appointees, alongside ultra-wealthy Cabinet members.
Musk and Ramaswamy will lead a new Department of Government Efficiency, pushing for deep public spending cuts.
The administration’s combined wealth far surpasses that of Joe Biden’s Cabinet and rivals the GDP of some nations.
Critics argue this contrasts with Trump’s populist messaging, while Senate confirmations could spotlight wealth disparities.
Bitcoin will be temporary. They’ll dump it at some point and create a whole shitton of bag holders.
Maybe when it hits a million or something in that range. I dunno, though, I’ve been hearing this kind of thing for 15 years or so. Not that it won’t happen, I guess, but it seems like they are waiting a very long time…