
Hayes takes a stroll down memory lane, back to April 2, 2025, during the “US Liberation Day” chaos when Trump decided tariffs were a fun hobby. This, of course, triggered the usual fears of a depression. But then, like a magician pulling a rabbit out of a hat, Trump “TACO’d” (his brilliant word for calling a truce on tariffs) on April 9, and boom-Bitcoin shot up by 21%. He even goes so far as to claim that this rally wasn’t some kind of magical decoupling of reality, but merely a temporary distortion created by ETFs and Digital Asset Treasury vehicles. Well, that’s comforting.