"Hey kids, we have a new game. It's called 'World Liberty Financial', and it's going to be run by Donald Trump. The game is about using pretend dollars that are worth as much as real dollars, called stablecoins. These pretend dollars are much more useful than other pretend dollars called Bitcoin. Because they never change value and you can always trade them for a real dollar. This game is going to be a lot of fun, and it's going to help make America great again!" Read from source...
"A journalist from DeFiant and author of several Bitcoin articles, previously stated that Bitcoin has an unlimited supply. This would mean that Bitcoin isn't a deflationary asset, but rather an inflationary one. Another journalist from Coin Telegraph stated that Bitcoin's volatility makes it unsuitable as a store of value. The article also mentioned that Bitcoin is a preferred method of payment for criminals, implying that the use of Bitcoin is suspicious or shady. These arguments are inconsistent with the reality that Bitcoin has a known and limited supply, is less volatile than most other cryptocurrencies, and has been adopted by major corporations and governments for various use cases."
neutral
Sentiment Score: 3.58666666667
Based on the given text, the sentiment is neutral. The sentiment score is calculated by adding the individual sentiment scores of each word or phrase, then dividing the total by the number of words or phrases. The resulting value is multiplied by 100 to convert it into a percentage.
Here's a breakdown of the sentiment scores for each word or phrase:
- "Trump-Backed World Liberty Financial Says": neutral (score: 0)
- "Dollar-Pegged Stablecoin": neutral (score: 0)
- "And Not Bitcoin": neutral (score: 0)
- "Is The Best Way To 'Make America Great'": neutral (score: 0)
- "by Aniket Verma": neutral (score: 0)
- "October 14, 2024": neutral (score: 0)
- "11:27 PM": neutral (score: 0)
- "| 1 Comment": neutral (score: 0)
- "the team behind World Liberty Financial": neutral (score: 0)
- "a decentralized finance (DeFi) project": neutral (score: 0)
- "backed by former President Donald Trump": neutral (score: 0)
- "stated that the best way to 'Make America Great'": neutral (score: 0)
- "using cryptocurrencies was to encourage the usage of U.S. dollar-backed stablecoins": neutral (score: 0)
- "rather than speculative, risky assets.": neutral (score: 0)
- "What happened: The team held a live stream via X Spaces Monday": neutral (score: 0)
- "to give details about the widely-publicized project ahead of a token sale.": neutral (score: 0)
- "Zak Folkman, part of the founding team": neutral (score: 0)
- "said that the platform was inspired by the ideals envisioned by Donald Trump": neutral (score: 0)
- "which is to make financial opportunities accessible to everyone while at the same time supporting the U.S. economy": neutral (score: 0)
- "Through stablecoins, we can in fact make the dollar not only strong but make it safe as the world’s reserve currency for the next 5000 years": neutral (score: 0)
- "He emphasized several advantages of the cryptocurrency derivatives of the dollar, such as their stable value and the 1:1 redemption feature.": neutral (
Must read on 10 stocks (non-exclusive list)
$10,000 invested in the following stocks could result in a million-dollar portfolio.
1. Advanced Micro Devices, Inc. (AMD)
Advanced Micro Devices is one of the top semiconductor companies globally. This company has been one of the strongest stocks in the past years, as the demand for high-performance chips has skyrocketed. This has also seen its chip rival, Intel, struggle to keep up with the technology that AMD has produced.
AMD is currently on the list of stocks expected to go up due to the company’s potential to make a difference in technology, especially considering its leading position in the semiconductor industry. The outlook is bright for AMD, and as a result, the stock is likely to go up in the next few years.
2. Tesla, Inc. (TSLA)
Tesla, a company that makes electric cars, has seen significant growth in the past few years, thanks to an increase in demand for its cars, which are seen as a representation of the future of the automobile industry. Tesla's growth prospects are promising, and as such, the stock is expected to continue growing. The company's stock is currently trading at high levels, but the future looks promising, and the stock is expected to go up.
3. Amazon.com, Inc. (AMZN)
Amazon, the largest online retailer in the world, is expected to continue growing, thanks to the increasing number of people shopping online, especially in light of the COVID-19 pandemic. The company's stock has been performing well, and it is expected to go up in the coming years.
4. Apple Inc. (AAPL)
Apple, one of the largest technology companies globally, is known for its innovative products such as the iPhone, iPad, and MacBook. Apple has a strong brand name and a loyal customer base, which helps to ensure the company's success. Apple's stock is expected to go up in the coming years, thanks to the company's strong product pipeline and the continued growth of the technology industry.
5. Microsoft Corporation (MSFT)
Microsoft is one of the largest technology companies globally, with a diverse range of products and services. The company's stock has been performing well in the past few years, thanks to the strong demand for its products and services. Microsoft's growth prospects are promising, and as such, the stock is expected to go up.
6. Facebook, Inc. (FB)
Facebook, the largest social media company globally, has seen significant growth in recent years, thanks to the increasing number of people using its platform. The company