Sketching the News #4 The Trump Pump That Didn’t Pump by Sarnia de la Maré for Politica UK
The Trump Pump That Didn’t Pump by Sarnia de la Maré for Politica UK. Markets plunged today as Bitcoin continued its breathtaking descent from the dizzy heights of October, a fall experts are calling ‘predictable,’ ‘inevitable,’ and ‘surprisingly still not the bottom. That's right, Bitcoin — the world’s most famous imaginary rock — has plummeted again. And somewhere in Florida, the President of the USA is insisting it’s all going exactly to plan. Because if you’ve forgotten, back in October, Donald Trump — Master of the Market, Keeper of the Golf Cart Keys, and part-time crypto visionary — declared his love for Bitcoin. A ringing endorsement! A Midas touch! A sign of imminent prosperity! Trump blessed this imaginary currency with his royal orange aura — behind its poker face, it fell faster than his legal defence funds. He promised Bitcoin would rise. Bitcoin did not rise. Bitcoin fell over, rolled down a hill, and is currently lying in a ditch asking if anyone has a spare charg...