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Stablecoin legislation update

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The fake media is reporting today, “Despite the charted course for GENIUS Act passage by the end of the week, one amendment proposal threatens to derail plans. Senator Dick Durbin (D-IL) is pushing to insert the text of the Credit Card Competition Act (CCCA) into the stablecoin bill, drawing the ire of several lawmakers. The CCCA, introduced on the House floor in 2023, has failed to pass through the legislative process. The bill seeks to mandate major banks to use a payment network apart from Visa and Mastercard, but an amendment proposal to merge it with the GENIUS Act has generated dissent.”

In other words, leading Democratic lawmakers are unwilling to stand up and state to the American people that crypto is a Ponzi scheme. Their only resistance to crypto is to sneak an unrelated poison pill amendment into the GENIUS Act.

Let’s be clear, every Democrat in Congress knows crypto is a scam. Since FTX/SBF in late 2022 this has been acknowledged by everyone, outside the Kool-Aid drinkers. There is massive public opinion against crypto, especially with Trump’s brazen conflict of interest in establishing his own crypto exchange & tokens. Yet the Kool-Aid drinkers are about to get their stablecoin legislation, legitimizing crypto as money and setting up bitcoin for another bull run.

The Laken-Riley Act, the Big Beautiful Bill, and crypto legislation are all together as part of the Trump-Musk crypto-fascist plan to transform our US constitutional democracy into a dictatorial police state. The Democrats are Vichy collaborators in this crypto-fascist process. That’s the rest of story which needs to be understood.

* An amendment requires a simple majority to be approved in the Senate. The Credit Card Competition Act is considered politically toxic because it pits finance capital against restaurants & retailers. Bourgeois politicians don’t like that. So if a Senate majority votes the CCCA amendment in, it’s a signal the GENIUS Act is dead, because everyone votes against the CCCA. This is how Democrats are playing both sides of the legislative fence in this crypto debate.

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The Eric Meeker

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Dr. Robert Cade at the University of Florida developed Gatorade in 1966. His laboratory potion had the right electrolytes & salts from the start, but it didn’t taste good, so the football players who needed it often wouldn’t drink it. Dr. Cade took home an early batch of Gatorade to his wife, who recommended cutting it with lemon, and thus sports science was changed forever. Sometimes a brilliant doctor just needs a good woman to help him out. Gatorade won QB Steve Spurrier the Heisman Trophy in 1966, and “The Sweat Solution” is one of the best ESPN 30-for-30 shorts.

Arnold Palmer popularized professional golf and invented his own drink, now commonly referred to as an Arnold Palmer– which is ice tea with lemon. There are arguments about how to proportion an Arnold Palmer, but Arnie says it is mostly ice tea with the lemon garnishing the drink. Some people prefer an Arnold Palmer with half lemonade or more, so it allows that flexibility and there are various acceptable preferences.

The most delightful moment in this ESPN 30-for-30 short is when Arnold Palmer reveals the moment he finally gave up and started referring to his favorite drink as an Arnold Palmer. His attributed concoction became so accepted & widespread that every waiter/waitress now knows what an Arnold Palmer is, so he gave up and started ordering it as an Arnold Palmer– laughingly hoping that no one will recognize him. It’s a great lesson in how to handle fame and giving up false humility from one of the most beloved athletes of the 20th century.

With that introduction, I am now sharing a drink I invented, which I have named after myself. An ‘Eric Meeker’ is half apple cider & half high-pulp orange juice. Individually orange juice and apple cider are very acidy, which limits  consumability, but surprisingly when these two are combined the acids mellow each other out and you are left with a fruity burst of natural sugar rich in vitamins & minerals your body needs. In this sense it is much better than Gatorade because it is organic. It’s superior to an Arnold Palmer in that it is much healthier, while being comparably delicious.

The Eric Meeker is a 50/50 mixture, and leans no more that 60/40 in either direction. The drink’s inventor says it’s better to have more apple cider than orange juice in an Eric Meeker, and you definitely need high-pulp OJ. Also, apple juice doesn’t work like apple cider. Perhaps the most beautiful thing about an Eric Meeker is its economy & easy mixing, with ingredients that are always available in any decent Midwest food market. The nutrient burst you receive from a cool Eric Meeker will replenish your body with what it needs– and fast.

For years Arnold Palmer didn’t self-reference his favorite drink when ordering it, but I’m skipping past all that. As I’ve learned, it’s a hoot to have invented your own drink, and this blog allows publication of the recipe with all the nuances, so enjoy!

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Classic comedy & crypto-fascism

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Mind if I show you a little something? I’ve been watching you, to see what the hell you’re up to, and this is what I see…

Caddyshack (1980) is the funniest movie ever. Beyond that, it was the first movie with a modern soundtrack, featuring the music of Johnny Mandel and also containing two hit songs from Kenny Loggins: “I’m Alright” the film’s classic theme song, and “Mr. Night” the caddy pool-party song. This christened a new movie soundtrack style for the decade, which showed-up in features across all genres including: Flashdance (1983), Ghostbusters (1984), The Breakfast Club (1985) & Dirty Dancing (1987) to name just a few.

Caddyshack is about class lines & the differences between country club members and the caddies who serve them. The class bite gets hidden somewhat underneath all the laughs. Danny Noonan represents the young, unmotivated everyman who see little reason to work hard because there is little-to-no reward for him.

Bill Murray delivers the best scenes, often by himself, and they live in golf lore– as every golfer loves Caddyshack. If you don’t laugh with the Caddyshack audience, then that audience is laughing at you. Few comedies can twist you up like that, and Caddyshack sets the standard.

And to clarify a Caddyshack point regarding Donald Trump, he is a real-life amalgamation of Judge Smails & his grandson Spaulding– meaning they are cheaters at golf, not golfers. This is why you have to be careful when someone asks you to kill every golfer on the course.

Rodney Dangerfield & Ted Knight represent the battle of new money vs old money in Caddyshack. Ted Knight never had a better or more memorable role. Rodney Dangerfield was in one other classic comedy, Back to School (1986), which is relevant to this discussion. Back to School is an underrated movie, with a stellar cast including: Sally Kellerman, Ned Beatty & Robert Downey Jr.

Sam Kinison helps students of history appreciate what happens when you give a good answer to a difficult question, but it isn’t the answer the teacher is looking for…

Robert Downey Jr. as Derek Lutz intervenes at his college homecoming rally to “point out that football is a crypto-fascist metaphor for nuclear war.” Somewhere very recently, that line got me thinking and helped me theorize Trump-Musk crypto-fascism. This proves the arts & laughter are food for thought & meditation, so take a hike all you elitist fraternity scumbags…

The latest on crypto-fascism: Stablecoins are seen as “low hanging fruit,” so that’s the current top priority for the crypto industry. Congressional legislation in May has multiple crypto bills being circulated, as the financial media is finally beginning to see the priority of crypto in the Trump-Musk administration. Increasingly it is apparent that crypto is a primary economic & foreign policy driver for the Trump White House.

Stablecoins are a way of connecting worthless crypto to tangible assets such as the US dollar, Treasury notes, etc. In short: stablecoins are a gateway to a crypto-fascist billionaire heist of the US Treasury. Not one “stablecoin” has ever held its 1:1 peg to whatever it’s tied to. STABLE & GENIUS are the crypto bills currently being “debated.” Political blowback has already started as the ‘crypto PAC money Democrats’ are starting to sway due to increasing public concerns. Crypto is a political fight where an educated public can really benefit the cause of revolutionary socialism.

April 2 was “Liberation Day” when the Trump tariffs were announced. The tariff plan was to declare economic war on the nation of China, along with a cost-of-living & jobs war on the international working class. A side benefit for Trump was the chaos it provoked in the news cycles, which deflected attention away from his hidden crypto agenda. The crypto-fascist plan was for the STABLE & GENIUS bills to already be passed, or at least well on their way by now. But these bills have been “paused” instead. Crypto works best in secret, and the timelines on these events (tariffs & crypto legislation) suggest they were part of a coordinated fascist plan. Any public disclosures & analysis of crypto-fascist criminality damages Trump immeasurably.

Lou, dressing down his troops in Caddyshack: I’m gonna lay it right on the line. There have been a lot of complaints already– horsing around on the course, bad language, smoking grass, poor caddying! You wanna get fired, be replaced by golf carts– just keep it up.

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The 2025 Colorado Rockies & franchise mismanagement

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Preface: The 2024 Chicago White Sox finished 41-121, which ranks among the worst MLB seasons ever. Projections all indicate the White Sox will lose at least 110 games in 2025. Currently they are 9-24, worst record in the AL. Their Pythagorean W-L: 14-19, -25 run differential, indicates they have been quite unlucky early on, which may or may not turn itself around. When you are as bad as the White Sox, you can’t just expect luck to turn itself around. You have to play better to create more of your own luck, so Pythagorean W-L is not as reliable an indicator when a team is this extremely bad.

The 2025 White Sox still have a bunch of guys who can’t hit, including CF Luis Robert, Jr (.182/.300/.345) who is now officially untradable after being shopped for years Their pitching staff is a bunch of young arms with plenty of veteran flotsam mixed in. It’s going to be another long season for the South-siders, but it won’t approach the historical badness of 2024. This team is younger and will finish stronger than in 2024, where the White Sox had three major losing streaks, a 14-game streak (May 22-June 6); an AL-record-tying 21-game streak (July 10-August 5); and a 12-game streak (August 23-September 3). That’s hard to replicate in baseball, no matter how bad you are. The 2024 White Sox were really bad, and they had awful leadership on top of that, which turned them into a historical disaster.

The 2024 White Sox were completely demoralized by management & ownership, starting in Spring Training when they dealt their ace RHP Dylan Cease to the San Diego Padres. This unexpected trade (March 13, 2024) challenged everyone on the White Sox pitching staff to step up and fill a slot, and when they couldn’t it quickly collapsed. The key pitching prospect in the Dylan Cease deal, LHP Drew Thorpe, made nine starts for the Pale Hose until he came up Tommy John surgery. That’s how things started death-spiraling for the 2024 White Sox.

After unloading anything they could at the Trade deadline, the front office was unable to deal their most-coveted asset– young LHP Garrett Crochet, so the team had to ride out the rest of the season with their best pitcher on an innings-limit, so he would remain a valuable trade commodity in the winter. Garrett Crochet was dealt to the Red Sox for four prospects in December. The White Sox now have a top-10 farm system, so they will get better, which isn’t saying much but it is somewhat of a relief.

Setting the mark for most losses in a MLB season and putting your team in the discussion for ‘worst MLB team ever’ doesn’t happen every year, which makes the 2025 Colorado Rockies all the more remarkable. The 2025 Colorado Rockies are already a contender for worst MLB ever. The modern list starts with the 1962 New York Mets, managed by the great Casey Stengel, who were 40-120, with a .250 winning percentage. The 2024 White Sox lost one more game, but also won one more game and had a better winning percentage at .253. Mathematically speaking, as bad as the White Sox were last year, the 1962 Mets were a fraction worse. Futile teams from the dead-ball & pre-integration MLB eras include: 1916 Philadelphia Athletics 36-117, .235; 1935 Boston Braves 38-115 .248: 1904 Washington Senators 38-113 .252; so there are historical teams with a lower winning percentage than the 1962 Mets but they are of a completely different era.

Currently the Colorado Rockies are 6-27, with a Pythagorean W-L: 8-25, and a -83 run differential, by far the worst in MLB. This basically means the Rockies are who they are at this point. Their 8-25 expected winning percentage (Pythagorean) is .242, which over a season projects to 39-123 for the Colorado Rockies. But the Rockies are 6-27, which is a .182 winning percentage, which means they have to start playing a lot better just to get to 40 wins in 2025.

Looking deeper into this futility only reveals more bad news for Colorado Rockies fans. The White Sox have the good fortune to be in one of the two Central divisions in MLB, which are qualitatively less completive than the East & West behemoths in both leagues. By contrast, the 2025 Colorado Rockies are in the toughest division in MLB.

Furthermore, it is impossible to discuss Colorado Rockies baseball without understanding what high altitude does to the game, particularly pitchers. Coors Field fastballs don’t ride as much, sinkers don’t sink, and sweepers don’t sweep. The thin air doesn’t allow spin to work as effectively. It’s about survival, so Rockies pitchers have to pitch differently in their home park, and they all look forward to starting on the road. How can a baseball team win with that?

The altitude also affects conditioning, meaning shorter outings, more fatigue buildup during games and over the course of a season in Denver. With advanced metrics normalized across MLB, they now prove beyond any doubt that it is impossible to build a winning team in Denver, Colorado due to these conditions. The Rockies need to move their franchise (Oakland?) to ever have any hope of competing. They haven’t made the post-season since being ousted in the 2018 Divisional series, and have only fallen further from contention since. The last Rockies free agency splash was Ian Desmond in 2017, signed to play SS but had to move to 1B/DH, he produced -2.8 WAR in three seasons before retiring. Their 2007 World Series appearance is a distant memory.

Can you name one current Colorado Rockies player? Most MLB fans outside of Colorado can’t, and they aren’t intersted in learning, which is the problem. This is a boring, homegrown team that never makes a free agency splash anymore, because (outside of OF Larry Walker) none have worked. Since Bret Saberhagen, Denny Neagle & Darryl Kile, top free agent pitchers never list Colorado as a desired destination during hot stove season, and the same goes for position players who need to waive their no-trade clauses to be dealt– they NEVER authorize a trade to Colorado. How can a GM build an organization up against all this? It’s tough enough to beat the Dodgers at sea level, just ask the Padres, Giants & Diamondbacks, who are trying.

The Rockies have a beautiful ballpark, top-5 by MLB standards, and they fill it up with fans every year, so this comes down to a discussion about what is best for the game. Is it okay for a team that sells-out and has a beautiful modern ballpark to play where the game really isn’t baseball? Baseball in Denver is arena baseball, a distorted pinball version of the game. How long will Colorado Rockies fans put up with the inevitable futility on the field? These questions will grow louder & louder if the Rockies continue to play as they have.

We should not see two consecutive seasons of historic futility in MLB anymore, which is troubling for fans. This can only mean that in an era where sports is more competitive & lucrative than ever, it is now becoming commonplace for teams to completely give up before the season starts. The White Sox did it in 2024, and now it’s the Rockies in 2025 and possibly beyond. The Colorado Rockies are #18 in the latest MLB farm system rankings, but what does that mean when NONE of their pitching prospects can develop into real MLB pitchers?

Baseball is the most unique game, the only game where the defense has the ball, and that’s why you can’t play baseball at high altitude. You can play football, basketball & hockey in Denver, and it affects the game for sure, but it doesn’t handicap a NFL, NBA or NHL franchise from winning a title– which the Broncos, Nuggets & Avalanche have done. The Colorado Rockies aren’t anywhere close to that class of winning and never will be. It’s completely unfair to pitching prospects to be drafted by the Colorado Rockies, which is the worst place in the world to go as a young pitcher. That should have been recognized long ago, but MLB is run by owners & front-office executives who don’t understand the game because they can’t see past their ticket sales.

NBA mismanagement 101: This situation isn’t as extreme as the Colorado Rockies or Chicago White Sox, but it deserves attention from sports fans nonetheless. The Milwaukee Bucks have mismanaged themselves into a situation where they are about to lose their superstar, Giannis Antetokounmpo. It really began after the Bucks were defeated in the playoffs by the Celtics in 2022. Instead of getting younger around their two studs, Giannis Antetokounmpo & Jrue Holiday, the Bucks front office kept their aging, diminishing-returns roster together.

Most disastrous was the Damian Lillard trade in 2023, as Jrue Holiday is one of the most valuable players in the NBA as far as winning a championship goes. Steve Kerr knows that, and that’s why Jrue Holiday was on the 2024 gold medal US Olympic team, while Damian Lillard wasn’t. Lillard is now out for the next season-and-a-half, with a torn ACL, while ace defensive stopper Jrue Holiday (pic above) is trying to help the Boston Celtics to another championship. Plus, the Bucks gave up a first-round pick (and two potential swaps– more below) to acquire Damian Lillard, the inferior player in the deal.

The Milwaukee Bucks with all their fruitless wheeling & dealing since 2021, do not have a first-round pick in the 2025 draft. Their 2026, 2028 & 2030 first-round picks are subject to potential swaps with the New Orleans Pelicans & Portland Trail Blazers, meaning if the Bucks hit the lottery in those drafts, the Pelicans (in 2026) or Trail Blazers (2028, 2030) will get their pick. The Bucks do not have first-round picks in 2027 or 2029, which means their next available first-round pick is in 2031. When the Bucks trade Giannis Antetokounmpo this summer (as they now have to) they will be a lottery team for several seasons, in which their top picks will be going to other teams. That’s about about badly as a GM can mismanage a championship roster in four years.

The 2025 NBA draft lottery is Monday, May 12. The Houston Rockets & San Antonio Spurs have been rumored to be the teams most interested & able to acquire Giannis Antetokounmpo from the Bucks. It’s the ‘Cooper Flagg draft’ in the NBA this year, so the Bucks can shift directly into a rebuild with the young stud from Duke by dealing Giannis for the top 2025 pick, but it depends on how the draft lottery goes, so everyone in basketball will be watching.

Any of the teams involved can win the draft lottery, no matter what the “odds” say. There are years where it may have been rigged, going back to the first draft lottery in 1985, and there are too many instances where the team with the lowest odds has won the draft lottery for it not to have been rigged. In 2025: Utah, Washington, Charlotte and New Orleans are the top-4 favorites with the best “odds,” but none of them are thrilling options for the NBA in the Cooper Flagg draft. After that it’s Philadelphia, Brooklyn & Toronto which isn’t any better for media conscious NBA executives.

After that, San Antonio has a 6.7% chance of winning over two picks– 6.0% from their own, and 0.7% from the Atlanta Hawks. Houston has a 3.8% chance of winning, with rights to a Phoenix pick via Brooklyn. The Spurs or Rockets winning would be the most exciting draft lottery outcome for the NBA on May 12, but also among the least likely statistically– a 10.5% composite likelihood. Look for it anyways, since this isn’t fair play, it’s a ruthless business.

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Crypto-fascist history & propaganda

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The financial press is buzzing over bitcoin’s performance as compared to the bond & stock markets since Trump again took office. Banks and other corporate institutions are looking to cash-in on the new crypto gold rush. What a story, blah, blah, blah…

Meanwhile, there is virtually no mention or analysis of crypto-fascism in the fake media. Any sensationalist crypto tidbit is fine to report in the corporate media, but the dangers of Trump-Musk crypto fascism must be kept quiet. Crypto-fascism is an issue that could topple the entire economic & political house-of-cards, it is that murky-murky. Crypto is probably tied into ICE disappearances of visa students & even US citizens to Central American prison hellholes. Constitutional rights and due process have been thrown out the window by the crypto-fascists, while traditional finance & the CIA Democrats sit on their hands and do nothing.

There is massive popular resistance to fascism in any form, but it is being marginalized & politically suppressed by the corporate-union apparatus. Polling data can’t be relied upon, as all their numbers are clearly faked upwards to boost whomever is US President. As a rule, I cut all “in favor” or “support” poll numbers in half– at least. Corporate polling has class bias favoring the upper-middle-class & ultra-wealthy, meaning it doesn’t accurately reflect popular sentiment because it excludes working class & the poor, ie- the great majority. There are plenty of non-voters who are disgusted with Trump & the Democrats, but their voices are silenced by the two-party straitjacket.

Corporate America installed Trump in 2024 and therefore they must bow to his wishes, unless he goes too far as he did with his steep tariffs, then Trump zig-zags somewhat. To illustrate who is in charge, just two days ago Amazon threatened to post the cost of Trump tariffs online, provoking a tantrum from the führer who immediately called Jeff Bezos to demand a retraction, which happened. In this vein, favorable reporting of crypto is primary for Trump. Crypto connections to murky fascist third-world prison camps is NOT on the White House agenda for the corporate press. Legitimizing bitcoin and playing up its “benefits” as a ‘reserve currency’ is the crypto-fascist propaganda line.

Crypto exchanges recommended by Google/Investopedia (as of this publication) are: Kraken for lowest fees; Gemini for best experienced traders [!]; Coinbase for beginners [!!]; Crypto.com for bitcoin; and Bitmart for altcoins. These listed exchanges are proven frauds, most were given wrist-slap punishments for their malfeasance during the Biden administration. But even that limited government oversight is now deemed too harsh for Trump-Musk and his crypto fascist cohorts.

To correct myself on a bitcoin anecdote I shared yesterday, according to crypto folklore in 2010 a bitcoin owner offered 10,000 bitcoins for two pizzas, which is the first claimed transaction in crypto. Of course, there are no receipts or proof-of-purchase documents, just online hearsay, but Kool-Aid drinkers are very sensitive & particular about bitcoin history so to avoid hysterics I wanted to set the record straight on that. It wasn’t just a “few bitcoins” as I wrote, it was ten thousand– supposedly.

I read now that January 3, 2009 is considered the bitcoin launch date. Color me skeptical there too, as bitcoin price data first became available only in July 2010. Kool-Aid drinkers keep trying to push bitcoin development & historical dates backwards in time (18 months) to give it more longevity. This supposedly helps in selling crypto’s legitimacy. As a side note, I suspect many pro-crypto online comments are now being generated by Elon Musk AI bots.

In terms of crypto history, 2017 was the year bitcoin exploded into popular consciousness, especially on social media. Bitcoin started at ~$1,000 and went crazy from there, maxing-out at over $19,000 by December. But bitcoin crashed (again) in 2018, ending the year at ~$3,700. If there is any single repeating trend in bitcoin history, it’s its boom-bust cycle. That keeps getting overlooked by crypto proponents, as does the FTX/SBF crypto fraud of 2022, etc.

Satoshi Nakamoto conceived a maximum of 21 million bitcoins ever being created or “mined,” which is crypto gospel. This fixed supply creates an ever-increasing demand among Kool-Aid drinkers (who don’t understand where money comes from or how it is a store of value), which perpetually inflates the crypto bubble. Libertarians all believe in supply-and-demand as a store of value, while entirely ignoring commodity use value, which means bitcoin goes to zero when the crypto bubble bursts.

As of this publication, the total number of bitcoins created is 19,857,590.625. This means there are over 1.1 million bitcoins remaining to be mined. Crypto whales own all the bitcoin, and here are the numbers to prove it. The top 8% of crypto wallets own ~99% of all bitcoin in circulation. The top 1% of crypto wallets control over 90% of the bitcoin.

Currently, it costs ~$137,000 in electricity for a small-scale operation to mine a bitcoin. Gizmodo estimates the most optimal cost for whales mining a bitcoin to be ~$82,000, up from ~$56,000 last September. Rising interest rates and/or energy costs put all bitcoin mining operations into the red, no matter how large their scale. Then you have to store bitcoin on a slow & bulky blockchain which is another energy hog in terms of computer use. The costs of crypto never end.

The only way bitcoin can remain viable is for its price to keep rising. That is the definition of a pyramid scheme. The pressures on bitcoin are immense, as it is requiring huge flows of billionaire capital just to keep the crypto Ponzi scheme from collapsing. There are plenty of fascists with nine zeros in the bank accounts, so lack of capital won’t be the direct cause of the final bitcoin collapse. It will more likely be a mass public awareness of the dangers of crypto-fascism that eventually brings down bitcoin. In any case, the big crypto crash is inevitable and it is coming soon.

Investigating basics & tips: When following & investigating crypto, you have to do an initial deep dive into the subject, then pull yourself out of the muck while learning to see macro-trends over time. Don’t take your eye off the ball, which is bitcoin. I’ve posted all the crypto shortcuts you need (and you need them), so start here, here & here. For the record, my first article on crypto was in December 2017, so I’ve been following long enough to know what goes on.

A seminal event in the Trump-Musk administration was the White House crypto summit on March 7, previewed the week of here & here, then reported here.  One can’t understand crypto-fascism without understanding the importance this recent political event, which most of the media ignored or at best only took lightly. Now they are rushing to catch up.

By mid-2023 US crypto banks Silvergate, Silicon Valley Bank & Signature had collapsed (reported here & here) and as a consequence, Coindesk cut their staffing dramatically. Since then their crypto reporting has turned into headlines only or bland AI-generated content. They even limit the number of free articles per month now, something they never did in their prime. For years before that, Coindesk was the best place to go for anything news in crypto. Now it’s probably Cointelegraph. What I learned at Coindesk is that you definitely need to be young to survive in crypto, as I believe the speed of it all is part of the addiction. When crypto was dead-in-the-water by mid-2023, every Kool-Aid drinker looked towards Donald Trump as the white knight who would ride in and save crypto, when he is actually the conman who rides away with all the loot.

Things happen at such dizzying speed in crypto, and everything is mutable, especially its history. For instance, I typically use Coindesk’s bitcoin tracker, but sometimes I’ll use bitcoin data from another source, as I did above. Often when I compare historical tracker data, there is a significant difference in bitcoin price. Kool-Aid drinkers always rattle on about ‘secure blockchains’ and their ‘immutability’ yet I’ve seen & reported bitcoin tracker data manipulated. Bitcoin falling to $26 on Coindesk’s tracker on July 2, 2019 was proof positive that crypto is entirely a scam. Coindesk covered up their own blockchain tracker data meltdown with generic garbage and pretended that no one noticed– and most didn’t. That’s how crypto has gotten so far.

Understand you don’t see that level of blatant manipulation & fraud with any fiat currency or exchange-traded commodities– these exchanges all list the same prices, always. There are ‘reputable’ trackers for different crypto, and it’s been boiled down to a few (Blockchain Explorer & Coindesk) since Fed interest rates were lifted, but now they mostly share their data to maintain “industry continuity” which (in their mind’s eye) burnishes their public veneer of legitimacy. In other words, crypto Kool-Aid drinkers assume you are too stupid to ask questions and brazenly go ahead from there. Once confronted with facts & rational understanding crypto fascist Kool-Aid drinkers can be neutralized by their own poison.

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Real gold & “digital gold”

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Bitcoin is a modern day Jesus story. Divined by Libertarian ideologists post-2008 crash, it was a murky conception in online forums where its creator shared his vision with computer programmers. From this starting point, over an indefinite period of years, bitcoin became an online presence. The first bitcoin transaction anecdote (it’s all anecdotal in crypto) I read about was a few bitcoins being used to pay for a pizza delivery around 2011 or so. Is that story true, who knows? But the point was to establish a comparative market value for bitcoin, and from there it could be pushed up by Kool-Aid drinkers on social media. That’s how crypto started.

It feels very similar from what I’ve read, to the way Paul preached the gospel of Jesus in the first-century CE. At first only a few believed such amazing tales, and early Christians were persecuted as heretics by the Romans, but eventually Paul’s apostles founded the Catholic Church becoming the most powerful institution in human existence through the Middle Ages, only yielding somewhat during the Enlightenment and the rise of capitalism out of medieval guild, trade & manufacture.

Eric Trump in Dubai today: “If banks don’t watch what’s coming, they’ll be extinct in 10 years [!!]… The modern financial system is broken, it’s slow, it’s expensive,” lauding decentralized finance (crypto) as a way to bypass the supposed ‘inefficiencies’ & ‘lack of privacy’ with traditional banks.

Crypto is the ‘alternative’ to the US dollar that the Trump-Musk administration is planning. A ‘bitcoin reserve’ is completely hare-brained, and entirely for the self-enrichment of these crypto-fascists who are moving forward on this at warp speed as red flags pop-up everywhere.

Gold is the ‘safe haven’ for traditional finance, while bitcoin/crypto is where fascist billionaire capital is now pouring into, and it’s a life-or-death struggle between these two camps of late-stage capitalism. Trump-Musk are insisting on crypto as viable money to be used as a mechanism to achieve police state fascism, and as long as bitcoin is price-surging the de-fi crypto-fascist camp has juice.

I have been routinely Googling “crypto” since the Trump summit in early March. At first, I turned-up only the usual-type industry stories on Cointelegraph, Coindesk, etc, with little connecting to Trump. But in the past three weeks (& since the Trump tariffs were announced), I’ve seen an explosion in Trump-connected crypto stories from heavy-weight financial publications– Barron’s, Bloomberg, WSJ, etc. The NYT just did another (not very revealing) in-depth piece on Trump-crypto, and it had over 1,100 comments as of this publication. Crypto is the unreported story people are most-interested in knowing more about, because it has so much of Trump’s attention and is being kept so secret. This is why bitcoin/crypto deserves more investigation & serious analysis.

Crypto Kool-Aid drinkers consider bitcoin to be “digital gold.” With Trump now sipping the crypto Kool-Aid, bitcoin compares to real gold in this economic struggle among the bourgeoisie– traditional finance vs de-fi crypto-fascism. The most frequent comment I see (& infer) from readers is how difficult it is to understand crypto. I’ve done the best I can to explain crypto in basic terms without getting too bogged down in details or leading into rabbit-holes which the industry tries to do to investigators.

To simplify, bitcoin rules crypto, so only follow that price– which is all-important in crypto. The rest, from etherium to all the stablecoins, memecoins, etc, are second-rate & third-rate crypto, as they all follow in the wake of bitcoin. Trump crypto is ‘third or fourth rate’ value by industry standards. Most crypto isn’t “mined” as tokens are usually made up with computer code and dumped onto a blockchain to prove legitimacy. If only Karl Marx had known how easy it is to make money, he wouldn’t have needed to write Capital (1867).

With bitcoin being the ‘gold standard’ in crypto, everyone in the industry creates their own tokens, which they pump & dump turning them into bitcoin whenever possible, which they can always cash out for dollars. Crypto is always about pushing up bitcoin, which is the only crypto that is coveted. Manufactured pseudo-events such as bitcoin halving, token unlocks, etc, are nothing more than money flowing to the person at the top of that crypto pyramid. Understand that Kool-Aid drinkers who own bitcoin are all on the Trump train.

Real Marxists have published valuable essays critical of Frankfurt school post-modernism. The central tenet of this fraudulent philosophical system is that there is no objectivity, everything is subjective in the “mind’s eye,” etc. The ideological implications of post-modernism are now stretched to their most extreme limits when de-fi crypto fascists claim bitcoin to be “digital gold.” Gold, perhaps the most ancient & still-valuable commodity extracted from human labor power is now compared to a Ponzi scheme built on super-computers solving complex mathematical puzzles to “mine” bitcoin. Bitcoin/crypto under Trump-Musk is post-modernist thought applied to capitalist political-economy.

As far as who will be the next Fed chairperson in May 2026, since Trump gets to pick, the key question will be: What is their stance on crypto? Reuters reported today the Fed has already signaled a one point rate decrease by year’s end, which is crypto-friendly Fed policy that keeps Trump happy. Recall that Trump appointed Jerome Powell in February 2018. So what has fundamentally changed since then to cause such White House animosity? Answer: Trump’s stance on crypto.

What this means as far as White House economic policy goes is the strength of the US dollar is still the most important macro-economic factor for Trump, with the bond & stock markets secondary. Trump has a very poor understanding of all this economic inter-relatedness, which means his ‘crypto vision’ is analogous to a child playing with matches. Note that bitcoin is always denoted in US dollars, and therefore is intimately connected to it in the mind’s eye of all crypto Kool-Aid drinkers. The US dollar can take a small hit in the process of Trump building his crypto empire through a policy of legislative deregulation & industry manipulation, but ultimately he needs the US dollar to be stable to convert his crypto gains into cash. That’s crypto-fascist economic policy.

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Crypto-fascism & police-state fascism

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Steve Witkoff is crypto-connected, serving Trump-Musk as US Special Envoy to the Middle East. What isn’t being reported in the media, but crypto fascist theory predicts, is the establishment of a global network of crypto-fascist back-channels with governments, NGO’s & powerful international institutions such as FIFA.

Trump-Musk crypto-fascists are using bitcoin for its black ops, dirty tricks, etc, in the same lawless manner as the CIA. No US President has ever acted this way before, not even first-term Trump. Trump-Musk crypto-fascism is being kept secret to the public, but its blatant bias is practically out in the open now. To not see & understand these invisible tentacles of crypto-fascism is political blindness & revolutionary negligence.

The global hubs of crypto are Singapore, Hong Kong, Dubai, El Salvador, and now the US– which is the qualitative change. Another qualitative change is how quickly Trump-Musk arguments have moved out of the legal realm and into the arena of combat to defend workers & students against ICE snatch & grab goon squads.

To defeat Trump-Musk crypto-fascism, this murky phenomenon must be ruthlessly exposed & politically attacked for all its criminality & social pathology. Crypto is surely being used by Trump-Musk to fund the Proud Boys, etc, as crypto-fascism is now the open (& dirty) secret that no one in Washington or the fake media wants to discuss.

When Hitler took power in Germany in 1933, police state fascism was the form of Nazi government that terrorized the population with its Gestapo & SS. ICE is a limited form of that power in the US today under Trump-Musk, but it doesn’t have complete Nazi reach– yet. To achieve a fascist takeover, nefarious means are required and a chief vehicle for that end is crypto which allows fascism is slowly creep-in without too many people noticing– until its too late. That’s the Trump-Musk crypto-fascist plan which must be countered & defeated.

Crypto-fascism 101: The US dollar is under pressure along with the bond & stock markets. In the wake of the extreme Trump tariffs, gold & bitcoin have become the “safe havens” for excess capital, which is becoming divided into two camps: traditional finance & crypto fascism. As of this publication, bitcoin is now over $94K as crypto is entirely supported by billionaire fascism– an objective social phenomenon.

The financial headlines today should read: “Trump calls off Fed attacks as bitcoin rises again,” but every economist & financial journal overlooks it for some unexplained reason. Serious economists understand the bond market freeze of March 2020 as a significant event leading to a massive taxpayer bailout, but bitcoin’s recovery in 2020 was just as remarkable, although more hidden so let’s review.

COVID infected the world by March 2020, as bitcoin sank to under $10k and was going nowhere. Then in October 2020, bitcoin began a meteoric rise to ~$60K that took six months to achieve, where it then yo yo-ed for about a year until it crashed again in March 2022 to ~$16K as crypto ventures began to fail left & right, culminating in the FTX collapse in November 2022. SBF & Silvergate, etc, crypto bank failures in March 2023 should have been the deathblow for crypto, but in September 2023, bitcoin began to skyrocket again and now it’s at $94K. What accounts for bitcoin’s resiliency & spectacular rise? Billionaire fascism.

Note that it was rising interest rates which started bankrupting crypto firms in the spring of 2022. It started when “stablecoin” TerraUSD fell to US$0.10, losing its peg overnight and never regaining it. The Fed halted its interest rate increases because capitalists were screaming bloody murder, none louder than the crypto fascists. The Fed’s idea was to cull the economic weaklings in order to save the whole, but the biggest weakling (crypto) found political support when Trump teamed with Musk which happened around this time. Coincidentally that’s when bitcoin took off and Grayscale beat the SEC in the US Supreme Court, etc.

At the March 7 summit, Trump proclaimed the crypto gospel, “Never sell your bitcoin.” He’s repeated that a few other times since, much more than any rational on the strength/weakness of the US dollar, I’ve noticed. Crypto Kool-Aid drinkers all know you don’t sell your bitcoin, because if you do, the price goes down. That’s how Ponzi schemes operate. It’s about inflating a very fragile market, highly manipulated by a few whales. One large bitcoin dump at the wrong time will crash crypto and Trump tends to panic when stressed, so… In revolutionary terms, taking down bitcoin is part of how to win.

The war between Trump-Musk crypto fascists and Federal Reserve Chairman Jerome Powell is a life-or-death struggle among the decrepit bourgeoisie. If the Fed decides to raise interest rates another point or two, then bitcoin death spirals to zero– meaning the end of crypto. Bitcoin-to-zero is the dagger that kills Trump-Musk crypto fascism.

Congressional legislation related to crypto and all the related political angles needs to be explained & analyzed. As far as tracking of crypto transactions goes, Trump-Musk and all their known crypto associates need to be tracked for wallet & blockchain activity– particularly El Salvador’s president who is deep into crypto. That murkiness exposed becomes raw meat for an angry public.

Classical Marxist economic theory must now be augmented with this dialectical conquest because the US government is now controlled by Trump-Musk crypto fascists, which is a qualitative change from what came before. Be aware there is a faction (flavor) of original crypto Kool-Aid drinkers who are upset over their ‘de-fi’ dreams becoming a Trump-Musk fascist monopoly. ‘De-fi Kool-Aid drinkers’ are the people most likely to be helpful to left-wing crypto detectives, but be careful about making noise when going into their forums. That’s the dialectical double-edge on that.

What I’ve outlined in the past weeks is how we got here with crypto, how to get through the looking glass dialectally, and where to go from there. It’s not easy gaining a historical materialist understanding of something as immaterial as crypto, so take any shortcuts you can find. Researching crypto is to enter the heart of darkness. This is naturally scary & daunting to humans, so to be effective in this domain, learn to behave like an arachnid. The idea of the crafty spider is to connect nodes by casting a web in the dark. Silently hone in on suspicious activity, while interconnecting and learning to interpret crypto web vibrations. This is how to achieve success at crypto investigation. Stick with the process, do the work, and you will be amazed at what you catch.

Marxist conclusion: The final take-home point theoretically is that Trump-Musk crypto fascism is not a stable regime. Its reliance on crypto makes it a “stablecoin transitional regime” attempting to establish a fascist dictatorship. Crypto is the hidden vehicle being used by Trump-Musk to achieve police-state fascism in America. Crypto-fascism is highly unstable and can blow up at any time so be prepared.

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Trump-Musk crypto-fascism

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The narrative is: Trump is pushing against Fed Chairman Jerome Powell which is weakening the US dollar. But for what purpose? Why does Trump want Powell replaced? Let’s be clear: Trump doesn’t care about the stock markets, the trade deficit, a strong dollar, or the nearly $37T national debt. These are vehicles Trump first appeases, and then uses to impose his will– nothing more. If you asked Trump to explain his tariffs and what impact they have on the US dollar, etc, he would just mumble more garbage, because he doesn’t really understand or even care.

The all-mighty bond market only gets Trump’s attention when it is under duress and JPMorgan Chase CEO Jamie Dimon speaks out. Apple complains about China tariffs hurting iPhone sales and the tariff gets withdrawn, etc, but that’s as much as Trump will acquiesce. He still holds a gun to all their heads and no one knows what he will do next. How is this to be explained?

Historically, Donald Trump only invests in his own ventures (real estate, casinos, airlines, reality TV, etc), and currently the Trump family is all-in on crypto. This is revealed in two separate, but related macroeconomic processes: the rise in the price of gold & a surge in bitcoin.

Gold is anti-crypto. Gold has had material use value for eons and thus will continue to retain its value. Gold can be used for dental fillings, jewelry, conductors & semi-conductors, etc. Gold doesn’t tarnish or rust, and it highly malleable, having many industrial uses. Gold is where wealthy crypto skeptics are putting their money now, which accounts for its increase, as the stock & bond markets continue to be under pressure from the tariff policies of Trump-Musk crypto-fascism.

Trump calling for the removal of Fed Chairman Jerome Powell is nothing less than a power struggle to control the global money supply. In simplistic terms, Powell & the Federal Reserve Bank represent the CIA Democrats & Warren Buffet, ie- traditional capitalist finance. Trump-Musk crypto fascism is something new, a bankrupt attempt to redefine what money is. It’s a struggle to the death between these two camps of elite capital, and it’s still undecided.

If the Fed decides to raise interest rates another point or two, then bitcoin death spirals to zero– meaning the end of crypto. Bitcoin-to-zero is the dagger that kills Trump-Musk crypto fascism. This is at the heart of the current Trump-Fed conflict.

Trump tariffs are provoking the most serious conflicts among elites, most of which are kept behind closed doors. Media leaks are become prevalent on White House crypto policy as the crypto-fascist character of the Trump-Musk administration becomes more & more clear to everyone.

Crypto-fascism is a secret & murky form of political-economy where foreign/domestic policies & intentions are kept hidden from the public and are increasingly paid for through illicit crypto back-channels. Trump-Musk connections with El Salvador’s president are among the most striking examples, yet to be fully uncovered. Crypto is now seeing massive inflows of billionaire capital to prop up the flagging industry, which entirely accounts for the rise in bitcoin.

Crypto elevates fascism to an extreme level of unaccountability, which is the political danger. Traditional financial paper-trails are eliminated by virtual wallets & private blockchains. It is extremely difficult for investigators, who aren’t familiar with computer coding, etc, to follow the money in crypto– and that’s by design.

Trump-Musk crypto-fascism is what follows the Biden-Harris plutocracy. It is the next logical step in the illogical process of late-stage capitalist degeneration. Today we exist in a fake economy that produces little innovation & value in every sphere: education, healthcare, art, film, music, sports, manufacturing, technology, etc. What is valuable, such as AI technology, is monopolized by big capital and used against the workers. The economic wasteland, created by decades of bipartisan class war, has opened up the terrain for Trump-Musk crypto-fascism.

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Trump tariffs & crypto

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Import tariffs are collected by U.S. Customs and Border Protection agents at ports of entry and are paid for by American businesses. Importers pass on the cost of the tariffs to consumers through higher prices so it is essentially a public taxation. The Treasury Department gets to spend the money collected from US tariffs, and currently Trump is stirring a major conflict within the Treasury Department through Elon Musk.

Trump also attacked Fed Chairman Jerome Powell last week, saying he should be fired immediately, instead of being replaced at the end of his term, which can’t come soon enough, etc. CNN has reported that Trump is considering former Fed governor and crypto startup investor Kevin Warsh to be Fed chairman once Powell’s term ends in May 2026.

In whatever manner Trump decides to use import tariff proceeds, it is to be at his discretion, as Trump has usurped the Congressional power to tax & spend. That is an overlooked aspect to Trump’s tariff strategy. No one asks Trump the obvious question, “What are you going to do with the tariff money?”

Politically speaking, Hitler & Trump are historical equivalents and both are compulsive gamblers who go all in. Crypto is how to read Trump’s next move. Now we’re beginning to seeing proof in the corporate media. Since I published my Trump-crypto theory last week here & here, the bourgeois press (for the first time) has taken up the issue. For example, the New York Times featured an Op/Ed the weekend titled: “What Trump Is Doing With Crypto Should Worry Us All.”

“Crypto crooks congregate & conspire in the White House” was published on my site on March 7, 2025, where I outlined Trump-crypto. In a surprise & rambling opening announcement to that meeting, Trump touted a sponsorship deal with FIFA for World Cup 2026 to be played across North America and apparently crypto will be the product. As with all Trump schemes, details were sketchy, but why else would FIFA be at Trump’s White House crypto summit? FIFA is a powerful international organization, so them partnering with Trump on crypto was serious news, yet no one in the bourgeois press analyzed or discussed it.

Since then bourgeois economists, business executives, etc, have been confounded & bewildered by Trump’s policy moves. Big business needs to be able to read Trump, which is why my Trump-crypto theory is now gaining popular traction– in a diluted form & without me being mentioned– of course. It takes a Marxist to figure it out, which is what they hate.

Trump is clearly addicted to crypto, which is driving his policy decisions. Crypto is extremely unpopular with the public, as I estimate ~95% of Americans believe it to be a Ponzi scheme– which it is. Just review readers’ comments on any mainstream soft-soap crypto article and you will see the popular disdain for bitcoin/crypto. Businesses & consumers paying more for goods so Trump can convert his crypto into cash via tariffs deposited into the US Treasury is an explosive revelation. That’s why it is kept secret in the media & the White House.

Marxists are materialists so we judge Trump and his fascist cabal by what they do, not what they say to the press, because that’s all lies. Since I struck upon this Trump-crypto theory long ago, I haven’t seen one political action from him & his cronies that contradicts the premise. Everything Trump does & tweets reinforces his crypto criminality which he hides.

Sunday afternoon post-script: I’m watching the first weekend of the NBA playoffs on ABC while being bombarded by crypto propaganda. For instance, the LA Lakers & Clippers play in Crypto.com Arena. The crypto app Robinhood is displayed on the Memphis Grizzlies jerseys. Coinbase is running commercials claiming it is the “future of money.” These companies were under SEC investigation & faced prosecution for their criminal activities only a few months ago. Now that Trump is President again, they’re all running ads to promote their new found legitimacy.

Final conclusions for now: In macroeconomic & biologic terms, crypto whales are eating what’s left of the krill– ie, de-fi Kool-Aid drinkers remaining in crypto. Today there is virtually no new grassroots money moving into crypto; it’s all venture capital, hedge funds, big corporate, with banks looking to get back in after the Silvergate, Silicon Valley Bank, etc, crypto bank crashes of 2023.

None of these sober lessons, nor those of FTX/Sam Bankman-Fried in 2022, are to be mentioned under new Trump crypto policy. Crypto criticism could eventually get you snatched & grabbed off the street in the name of ‘national security’ and sent to a terror prison in El Salvador for the cost of a few Trump tokens. Who knows?

PAC money buys not only politicians’ votes, but favorable corporate media bias, which explains the media soft-soaping of crypto in the past few months after blanket skepticism from the DOJ/SEC/FTC, etc, under the Biden-Harris administration. Barron’s, Bloomberg, the WSJ, etc, all seem much more open to crypto now, isn’t that something?

Too many blockchains is the biggest logistical problem in crypto right now. After bitcoin is “mined” by a supercomputer, it lives on a computer generated blockchain, which supposedly provides an ‘immutable digital fingerprint’ for security. Some blockchains are public (open source) and some private– which means casual users with high computer aptitude can’t check private blockchain code to see if there is any hanky-panky going on with that crypto.

Blockchains usually aren’t compatible with other blockchains, meaning bridges, roll-ups, crosschain aggregators, etc, are needed to move crypto from one blockchain to another, or to trade one form of crypto for another because bitcoin & etherium, etc, aren’t on the same blockchain. None of this was worked out when these cryptocurrencies were concocted, as every blockchain owner was too excited about making money for themselves to care about the ecosystem.

This spawned half-baked solutions such as “wrapped tokens” which are cryptocurrencies usable on different blockchains. For example, “wrapped bitcoin” is coded to operate on other (non-bitcoin) blockchains. This leads halfway, but no further, to the main technical problem in crypto today which is too many blockchains that don’t integrate. I don’t have these problems when I try to move US dollars in & out of my bank account. I just enter a PIN at the ATM and it spits out cash & a receipt. How is “blockchain technology” better? No one in crypto can answer that question with a straight face.

These interfaces (bridges, roll-ups, etc) between native blockchains are vulnerabilities that malicious hackers can exploit to steal crypto. Crypto is stored in a digital wallet, with a code key that must be remembered & safeguarded or else the crypto in that wallet becomes inaccessible & lost forever.

Some crypto requires creating a new wallet for that brand. The list of requirements for crypto security are seemingly endless, and still fraud is the industry norm. Friction among crypto users is high because of these critical issues which haven’t been solved. Basically the crypto industry has become an anarchist wasteland and that’s why they are looking towards Donald Trump as their savior.

Fragmentation (too many blockchains) of already thin liquidity levels of consumer investment has stifled support for an idea that was originally to be “de-centralized finance,” meaning anyone from anywhere could access the ‘crypto de-fi pool’ to trade tokens or cash out. Everyone was going to be a winner according to bitcoin economic theory. Instead there are thousands of isolated blockchains starving for capital, unable to efficiently link up and rally support amongst themselves as a ‘crypto community’ which they proclaim to be– but in fact aren’t.

Today, most crypto tokens aren’t worth trading or cashing out. Transaction fees, trade slippage, etc, eat up crypto profits for the krill, as they have to remain vigilant against rug pulls, fake wallets & other SBF-type flim-flams just to survive. The BIS has just stated that crypto increases global economic inequality, which predictably [!] has incited a hysterical denunciation from the Trump administration.

The crypto market changes so rapidly, allowing whales to manipulate large transactions while delaying krill trade orders into insolvency. Whales hogging digital bandwidth with their large transactions during times of financial duress is one method of crypto chicanery. Blockchains are bulky and therefore take more time to super-compute buy/sell/trade orders. The people who control the blockchains & platforms know all the dirty tricks and have all the power in crypto. It’s a completely rigged industry, based on nothing of value, while wasting billions in energy costs in order to maintain financial parasitism.

Trump-Musk crypto fascism: In marine ecological terms, the crypto whales have depleted the ocean’s krill by gobbling it all up, while turning up the temperature until all the plankton & phytoplankton necessary for life sustenance– dies. The biggest current problem according to crypto industry leaders is not being able to access those small remaining blockchains of tasty krill. Nothing else matters to these sickly-bloated whales.

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Convicted felon Trump decides who & what is “criminal”

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Someone whom on May 31, 2024, a New York jury found guilty of 34 felony charges in a scheme to illegally influence the 2016 presidential election through a hush money payment to a porn actresses is now deciding who gets snatched & grabbed by masked ICE agents and sent to a terror prison in El Salvador for the rest of their lives. Below is the Trump 2023 mugshot for federal racketeering and related charges in Atlanta.

Trump is surely a much bigger criminal than all of these abductees put together. Trump is a criminal, where these people who were “disappeared” by the Trump-Musk dictatorship mostly have no criminal convictions and very-little-to-no supporting evidence to back absurd government claims of them being a terrorist threat. These are simply test cases for a Gestapo police state under Trump.

Trump crypto connections to El Salvador are troubling & hard to ignore. How (& how much) is the government of El Salvador being paid for taking these US abductees? The White House initially said $6M and nothing since. Is there a crypto back-channel between Trump & Nayib Bukele? The less public information available, the more likely it’s crypto. Apparently this black site was Bukele’s idea to Trump, the same President of El Salvador who tried to make bitcoin into national currency a few years ago and failed miserably. Bukele’s proposed “Bitcoin City” funded by “volcano bonds” was perhaps the most insane proposal in crypto’s 15-year history– which is saying something.

When you accept this theory on Trump & crypto, everything starts to fit politically. Crypto allows Trump to go ahead with CIA-type operations because no one in the corporate media can find the money trail. Everything is “unverifiable” and thus any analysis is “unsubstantiated reporting” etc, even as clusters of red flags pop-up everywhere. Nayib Bukele visited the White House on Monday and while sitting next to Trump insisted Kilmar Abrego Garcia and all the others who were abducted by the ICE Gestapo would not be return to the US. I’m convinced crypto has played a nefarious role in these murky operations.

Bourgeois economists who don’t understand crypto are dinosaurs in their field… and then the meteor struck on January 21, 2025. The US President traditionally defends the bond market at all costs, while minimizing losses in the riskier stock markets. That’s what the ruling class demands. The Fed plays its crucial role by adjusting interest rates to loosen or tighten the money supply per ruling class whims, thus affecting inflation & the relative strength of the US dollar as the dominant global currency.

Those are the most sacred institutions of capitalism, but since bitcoin rose to prominence in the 2010’s a ghost money market has appeared known as crypto- not a black market, but a gray market. Right now the bond & stock markets are falling, while the US dollar is losing legitimacy as the primary global currency, and gold has reached a record high. And what is bitcoin doing? It’s holding at $84K, a key price point, by its fingernails. Massive injections of capital are now supporting crypto because of Trump’s policy stance & private ventures including World Liberty Financial– a crypto platform owned & run by the Trump family.

That’s Crypto 101 and its driving Trump’s every move because it’s all about the free money he can conjure up and directly translate into political power for himself. The bond market (and definitely the stock markets) are of secondary importance to Trump verses crypto, which is unbelievable, but apparently the case. Crypto explains Trump’s partnership with Elon Musk, in deep cutting federal funding for every civilian sector. The money “saved” will be looted largely through crypto criminality if Trump-Musk get their way with upcoming Congressional legislation. The PAC money has been spent. Crypto is Trump’s secret weapon and his Achilles’ heel if exposed & exploited, it’s a dialectical double-edge.

When you turn your felony mugshot into a memecoin, you’re bankrupt in every sense. Trump supporters are now insisting to Trumpians in Congress such as Marjorie Taylor Greene that they reign in their fuhrer’s excesses. These calls from the working class Republican constituency have been met with mocking derision & police violence by Trump’s loyal cadre in Congress. Trump should have been impeached and removed from power already in his second term. With the Supreme Court locked up for Trump (the ultimate get-out-of-jail-free card) and the Democrats sitting on their hands, the working class is the only political force that can stop fascism.

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