Tag Archives: crypto-fascism

US imperialism strikes Iran– again

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The war for regime change in Iran is also known as the war that can’t be won. That’s why, up to now, no US President dared try it. The Trump regime has now started its second war against Iran in a 9-month span. Trump and his cronies claimed the 12-day war with Iran last June destroyed their military’s nuclear ambitions and that America was now safe due to this armed intervention.

Yet America is again at war, when Iran poses no threat to US security. The insecurity in the region is entirely due to non-stop US-Israel imperialist aggression, which has finally provoked Trump’s decision to strike Iran again. This hawkish US foreign policy has much support among ruling elites on both sides of the aisle, but little-to-no support among the remaining layers of the population– from professional class to working class. To the American ruling class, that vast divide is the political danger in what Trump has done.

All the political pundits on every network are “wait & see,” when asked what will happen next. As a viewer I ask, “What are you so-called experts paid for? This is a crisis and you can’t tell us anything we don’t already know.” Click.

What’s going to happen? First, oil prices are going to rise dramatically, and everyone knows that means the price of everything from gas to groceries is going up. When you add that to Trump’s tariffs, it’s a recipe for economic, social & political disaster. I suppose that is why none of the pundits want to speak to this.

The Democrats are finished, as they threw in their lot with Trump’s crypto-fascism long ago. Democrats support ICE, DHS, the FBI & CIA, all of which are authoritarian secret police agencies that are above the law. These agencies protect the Jeffery Epstein clients because they now take their marching orders from one of his top clients: Donald J Trump.

The Democrats as a caucus support the crypto industry, perhaps the biggest scam in financial history. The Democrats support the military action Trump has taken in Iran, they only object to being left out of the loop. This consolidation of political, economic & military power into one individual has those on the fake left (Bernie Sanders, AOC, etc) a bit concerned. These near-dead liberals may be forced to organize a one-day protest to let off some steam. Their motto will be: Vote Democrat in the mid-terms.

Democrats operate in that area of circular logic which insists that if the Republicans are exposed & largely discredited as Nazis, then supporting the Democrats is the only “realistic” alternative for democracy. Nevermind the Democrats have enabled & collaborated with Trump all along. It’s getting harder to fool the public when the veneer of democracy has been violently torn away by Zionist genocide in Gaza & ICE terrorism & murder in Minneapolis.

None of the official narratives that apologize for war crimes & crimes against humanity are holding up on social media. The kids can see that Trump is lying and that Congress, the Supreme Court, and the corporate media all allow him to get away with it– day after day after day. What the kids now know is that the Democrats are political accomplices in Trump’s criminality and largely suspect that all this corruption stems from capitalism.

Sports aside: Donald Trump was given the FIFA Peace Prize by FIFA president Gianni Infantino (pic above) in December 2025. No comment yet from Trump or FIFA on whether the Iranian national team will be allowed to compete in World Cup 2026 hosted in North America. Iran qualified and is in Group G with Belgium, New Zealand & Egypt. Iran is scheduled to play two matches in Los Angeles and then in Seattle against Egypt on June 26. Sports pundits have remained conspicuously silent on this.

Update: ESPN just published an article titled, “Iran’s soccer federation says World Cup participation in doubt”. Fans from Iran were already barred from entering the US by Trump’s travel ban. The president of Iran’s soccer federation said he does not know if their national team can play World Cup matches in the United States following the surprise US-Israeli attack on his country. “What is certain is that after this attack, we cannot be expected to look forward to the World Cup with hope.” For the record, Donald Trump has already negatively disrupted group play & attendance at the 2026 World Cup, which of course pleases him. And sports fans thought football was decided on the pitch.

President Trump is what the ruling class needs & demands– a dictator. Dictators are toppled by the international working class when their regimes of authoritarian terror & cultural vandalism become so bankrupt & malignant that no one will fight for them anymore. Defections from fascism are happening on different levels. The American working class has already rejected Trump’s attempts to establish a fascist regime in permanence. Popular resistance to ICE terror testifies to that. Republican prospects in the upcoming mid-term elections also speak loudly to fascism’s existential political crisis.

This war on Iran is Trump’s attempt to shift the narrative and start a world war which would allow him to exercise martial law and declare himself President for life. History “experts” on major news networks fail to make these obvious connections, which makes one wonder how much they really studied. How much do they understand about fascism? They barely use the term, much less attempt to draw obvious historical parallels between Adolph Hitler & Donald Trump.

Below is the bulk of George Stephanopoulos’ interview with Iran’s Foreign Minister Abbas Araghchi this morning on ABC’s ‘This Week.’ It has been slighted edited for clarity. This interview can teach the international working class much about how nationalist class interests affect the news and turn it into propaganda by distorting facts & eliminating historical truth from the discussion. For once, someone was allowed to reply to this.

STEPHANOPOULOS: Who’s in charge of Iran right now?

ABBAS ARAGHCHI, IRANIAN FOREIGN MINISTER: There is a transitional council of the president, the head of judiciary and one jurist of the Guardian Council. These three would decide — are in charge right now.

STEPHANOPOULOS: President Trump issued a warning overnight, warning the Iranians not to retaliate. And he said, “they better not do that. If they do, we will hit them with a force that has never been seen before.” How do you respond?

ARAGHCHI: Well, I don’t think any leader of a country has the right to say so. You know, we are defending ourselves and we have every right, every legitimate right to defend ourselves. What the United States is doing is an act of aggression. What we are doing is the act of self-defense. There are huge differences between these two. So, one should tell, you know, the president of the United States, do not attack, do not — you know, make any aggression against another country. But nobody can tell us that you don’t have any right to defend yourselves. We are defending ourselves whatever it takes, and we see no limit for ourselves to defend our people, to protect our people. Just look, yesterday, they hit — they struck against a school. So far, 148 girls, students have been killed and this is a big massacre. This is a war crime, and you say we don’t have any right to defend ourselves?

STEPHANOPOULOS: You say you want to protect your people, but your own regime, according to the estimates we’ve seen over the last several months, is responsible for the killing of up to 30,000 of Iranian — Iranian citizens.

ARAGHCHI: We have already answered this accusation. You know, let me to explain. We were faced with a terrorist operation. It was first protesters, demonstrations — demonstrations which were legal. According to our constitutions, our people have the right to protest and to go for gatherings and demonstrations. They did it from 28 December to 7 January. We had legal protests. Everything was fine, and nobody was killed.

And then on 8 January to 10, we [were] faced with a terrorist operation. Armed elements were added to the — to this — you know, question, and they started to shoot at our police forces, our security forces and then they started to shoot at ordinary people, even to protesters. Why? Because they wanted to increase the number of deaths.

Since the president of the United States has — had already said that if there are killings, he will come to — he would come to rescue. So, they wanted to actually drag him to this question. So, they started to kill people. So that was a terrorist operation for three days and the number of killings were exactly 3,117. And the names of those victims, all of those victims have been already published by us, together with their identification number. If anybody claims that the number is more, as you said, 30,000 — 50,000, whatever, please show one evidence. Please add one more name to the list we have already published.

If somebody shoots at a police department officer in the United States, how do you react? Do you just, you know, give him permission to do whatever he wants because he is a protester? No.

And so many people were killed, you know, blindly by these terrorist elements. Because they were ordered by Israel, at that time, they were instructed to kill people and give a big number of killings to the president of the United States. We have their voices, their instructions, which coming from Mossad, from outside, to these terrorist elements, who are ordering them to kill police officers, if not police, kill the boy and girl in front of you, because they wanted killings.

STEPHANOPOULOS: Is a negotiated settlement with the United States still possible?

ARAGHCHI: Well, you answer this question. We negotiated with the United States twice in the past 12 months. And in both cases, they attacked us in the middle of negotiation. And that has become a very bitter experience for us. In last June, we were negotiating. We had five rounds of negotiations, and we had already fixed the sixth round for 15 June when the Israelis attacked us, and then the U.S. joined the attack.

And this time, we had three rounds. Last Thursday, we had a very good discussion, very good talks in Geneva. Both Iranian and the U.S. delegation were happy at the end of seven hours of negotiations. And I can go into the details of what we agreed and how a deal was at our reach. And when we concluded, the Omani foreign minister, who was the impartial intermediator between us, he concluded by saying in his post that we made significant progress this time. We were able to come to a good understanding on some of our differences.

Some other differences were left for the next meeting, and we decided to go for Vienna, to send our technical teams to Vienna on Monday, which means tomorrow [3-2-26], to go to the IAEA, and with the help of the International Atomic Energy Organization, try to find technical solutions for the political problems. And we both believed, I mean, both delegations believed that this is possible. So, a deal was at our reach, and we left Geneva happily with the understanding that we can reach a deal next time we meet.

And it was very unfortunate that those who are against peace, against diplomacy, against negotiation, when they understood that diplomacy is going on well, they decided to spoil it, and they created a buildup in the media, you know, against the Islamic Republic of Iran, against the desires of us, against Iran. And they made lots of accusations against us. They made — they created false information and disinformation, and they finally get, today, to what they wanted. They dragged President Trump, they convinced President Trump to attack us unprovoked and unwarranted.

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Bitcoin bits & the Nancy Guthrie kidnapping

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Secretary of the Treasury Scott Bessent (portrait pic below) was asked the other day by a congressman if crypto was going to be bailed out, and it ended in a shouting match. The biggest bitcoin booster, Michael Saylor, is now deep underwater, as the crypto industry has been loaned hundreds of billions of dollars which they clearly won’t be able to repay. The issue has always been– will crypto be eligible for a taxpayer bailout when doomsday comes?

Here it is spilling out in the public arena after being discussed intensely behind closed doors. Since I last published, bitcoin has crashed & “recovered”– again. Banks have kept loaning to crypto up to this point, but it’s getting tougher to justify. This is the crisis which now imperils the entire capitalist set-up.

Bitcoin has “stabilized” again, let me explain how & why. First, peruse the reader comments to financial articles that discuss Scott Bessent and a possible taxpayer crypto bailout. They’re all negative– no bailout. These are people with money commenting, and none of them have an appetite for crypto. But bitcoin “bounced” again, so obviously the banks have quietly loaned Michael Saylor, etc, more money in another foolish attempt to re-inflate the bubble.

The music is still playing, but for how long? Trump tariffs & crypto are killing the US dollar with inflation. Tariffs make goods more expensive, while crypto (fake money) dilutes the dollar’s value when it is extensively invested-in by the US financial system. Warren Buffet said crypto is “rat poison,” and this is how it works.

Here’s an interesting post from an industry expert who has researched the latest bitcoin crash. In short, analysts now say derivatives are setting the bitcoin price. As liquidations pile up, questions are growing over how much Wall Street is manipulating bitcoin’s price. Recall that bitcoin was originally hyped by Libertarian money-nerds as “deregulated finance,” outside of government & Wall Street control. Today, all the premises underlying bitcoin (including finite supply) have been dispelled by capitalist machinations. For the original Kool-Aid drinkers, the crypto pitcher has run dry, and all that remains for them is a nasty hangover.

Of the $2.6B liquidated in the latest bitcoin crash, $2.1B came from liquidated long bets. “Long” means you bet the market would go up. Derivative short-sellers have been cleaning-up since 10-10-25, which was four months ago when Trump announced 100% tariffs on Chinese exports. Bitcoin started crashing from its $126,000 all-time high. Trump was forced to walk back that threat, but bitcoin kept falling and currently is at ~ $69K, after falling to $60K just two days ago. That cleaned-out all the long-bet suckers (again) down to $60K, and now it has been pumped up a bit and rests at just under $70K. It’s amazing how these crypto price levels magically hold & fluctuate.

Hypothetical question: What are the futures for an “asset” that has no legitimate use value?

Bitcoin is useless in the legitimate market because it is valued in dollars or some other fiat. You may as well just pay for what you need with a dollar, instead of crypto. Most legitimate institutions don’t take crypto because they have no good reason to. ANY illegitimate & criminal organization with any ambition deals in crypto– from the CIA/MI5 & Al Qaeda/ISIS to online scammers & wrench hack kidnappers.

The high profile kidnapping of Nancy Guthrie, mother of Today show host Savannah Guthrie, reveals the actual use value of bitcoin. Apparently, the kidnappers are demanding payment in bitcoin, because it is online anonymous & virtually untraceable. The image below of the ransom demand sent to a local news station is blurry, just like everything else bitcoin is involved in.

Large bitcoin holders are targets for abduction, as they are often tortured into revealing the key codes to their virtual wallets. This is known as a “wrench hack,” because all that is needed is a wrench to beat the victim into submission. Bitcoin/crypto is intimately linked with these forms of criminal activity, and this is being under-reported in the mass media concerning Nancy Guthrie’s abduction.

We now learn from released documents that Jeffery Epstein was all over crypto from the start. Crypto links this entire corrupt nexus. The US government is now crypto fascist by definition. It’s how it operates behind-the-scenes, as crypto fascist is what the Trump administration intends to become in permanence.

What we can see from all this is that bitcoin has enabled a layer of crypto-criminals. Their activity ranges from online theft & kidnapping to Trump’s exploits in World Liberty Financial– his proprietary crypto exchange (founded in 2024) where he mints worthless Trump tokens and trades them for most established crypto such as bitcoin, along with any cash people will pay for his junk.

The consequences are to be paid by all of us who must endure higher prices with a dollar that is being devalued by crypto. Bitcoin does this by sucking-up money that could be better invested elsewhere, while undermining the value of fiat currency. Wall Street loans the money to crypto companies, then wins all its manipulated derivatives bets. That’s called getting paid on both ends, with the US taxpayers eventually being made to pay the bond holders & banks for all their losses on bad crypto loans.

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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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