#1472 Anthony & John Pompliano | Trump Inauguration Sends Bitcoin Flying

— Bitcoin hit an all-time high of $109,000 on inauguration day but has since pulled back to $103,000; the modest drawdown reflects letdown that promised crypto executive orders (SAB 121 repeal, strategic Bitcoin reserve) did not materialize on day one.

— Trump's inauguration drew an unprecedented tech CEO turnout—Bezos, Musk, Cook, Zuckerberg—signaling a shift in American power from manufacturing to software companies and a reconciliation between tech and the Trump administration.

— Stanley Druckenmiller expressed strong optimism about the Trump economy, stating the shift from anti-business to pro-business policy is the most significant change in his 49-year career.

— Tariffs present a revenue opportunity: Trump may shift from income tax to tariff-based revenue (external revenue service), with Druckenmiller suggesting 10% tariffs pose manageable risk versus potential upside.

— Trump and Melania launched meme coins; the Trump token reached a $70 billion valuation but reflects a pure speculative bet with no underlying business—representing the final evolution of financialized memes.

— Biden's legacy will likely be mixed: strong stock market performance (+60% S&P during his term) offset by persistent inflation concerns, border issues, and perceived mental decline toward the end of his presidency.

— Bitcoin: $109,000 all-time high (MLK Day, stock market closed), currently trading around $103,000 after post-inauguration letdown.

— S&P 500 rose 60% during Biden's four years in office.

— Trump token reached ~$70 billion valuation with only 20% float; Melania token launched separately using different infrastructure (pump.fund vs. Moonshot).

— Bank of America CEO signaled banks want to hold, transact, and participate in crypto—bullish tailwind for the sector.

— Equity enthusiasm and momentum building as capital deployment accelerates under expectation of pro-business environment.

— Regulatory clarity is coming: Crypto executive orders likely arriving this week or within the first month, not just day one; the thesis (pro-business framework) has not changed despite short-term price volatility.

— Merit-based allocation outperforms: Shift from DEI-driven hiring to merit-based selection should drive productivity gains, stronger corporate earnings, and sustained stock market upside—especially for tech and capital-efficient businesses.

— Avoid meme coin speculation without edge: Unless you have genuine alpha in trading meme coins or early-stage venture, focus instead on identifying productivity tailwinds and companies positioned to benefit from tariff revenue, lower regulatory friction, and higher GDP growth.