jakiro
author:YBB Capital Researcher Zeke
1. Anyone who cannot kill me will make me stronger
“I’m back, Bitches!” – This sentence is dedicated to all doubters and those who are happy for my downfall.
The first convicted president in history, a “tech tycoon” who claims that humans will connect to brain chips and are sent to Mars but flirt with disasters, and a group of disgruntled former allies and enemies, are all Republican 60thA key figure in the US presidential election.If starting with Trump, the team’s internal dynamics seem fragile, with two core figures – Elon Musk and JD Vance – have repeatedly criticized his policies.Trump himself has frequently publicly opposed Bitcoin since 2019, calling it a Ponzi scheme and money laundering tool.
But as the saying goes, “Everything is for your own use.” As long as there is a point of intersection of interests, differences can be temporarily ignored.For Trump, it was a life-and-death battle, a battle for family honor; for Musk, it was a battle for humanity’s future; for Vance, it wasIt is a war to defend the old American dream and the new Silicon Valley.All the obstacles gather in the Democratic Party.
Since the first round of voting in Pennsylvania, the balance of victory and loss has begun to tilt. The Democrats have replaced the baton, convened all old politicians in the party, attracted Hollywood stars, and invested huge amounts of money in media publicity. They used all means, but still could not stop the Trump team.Win.
On November 6, the day the vote ended, contrary to the closest election results in history predicted by mainstream media and the weak lead in Harris’ poll, the Republican swept seven battlefield states and ended the battle in half a day.Trump eventually defeated the Democratic Party’s fierce offensive by overwhelmingly.One of the Republican aces is the silent majority—those who are oppressed by illegal immigrants and extreme left extremism.These people didn’t comment on social media, but they voted the right vote.The man wearing the red “Make America Great Again” hat is back in the White House.
In this magnificent US election, I understand everyone’s motivation to take sides with Trump.But why did he choose Bitcoin?A common explanation is that 13% of the U.S. population owns cryptocurrency and Trump needs to cater to these voters.According to his own reasoning, Bitcoin can be used to repay $35 trillion in Treasury bonds and replace gold as a new strategic reserve.The first reason sounds a bit far-fetched, and the second reason sounds a bit far-fetched.In order to convince myself, I have checked a large number of articles and videos of traditional financial bloggers since the 6th.My conclusion is that Bitcoin has intersections with Trump and Musk’s leading America in several ways: energy, opposition to the Federal Reserve, opposition to the Democratic Party, anti-major government ideology, and as a new symbol of the old American dream.
2. Energy
The real motives of politicians are often hidden behind exaggerated excuses.Let’s relive one of the strangest aspects of Trump’s vision for the future of Bitcoin: In June this year, Trump posted on Truth Social late at night, saying, “Bitcoin mining may be our last line of defense against CBDC…We hope that all the remaining bitcoins are made in the United States!! This will help us dominate the energy sector.”
There are many similar remarks, such as requiring all remaining Bitcoin to be labeled as “Made in the United States” and positioning the United States as a crypto capital.The subtext of these remarks seems to be a sign of solidarity with supporters, boycotting the Democratic Party’s suppression of cryptocurrencies, opposing central bank digital currencies, and rejecting bitcoin produced in Europe or Asia.However, when we look at these remarks, it is clear that whether Bitcoin is labeled as “Made in the United States” has little to do with the above view.Trump’s real goal is energy development, which can be seen from his mention of energy at the end of the sentence.
The Trump campaign’s chief supporters include the CEO of Energy Transmission Company, such as Kelcy Warren of Energy Transfer, Harold Hamm, founder of Continental Resources, Hilcorp EnergyJeff Hildebrand of ) , Timothy Marvin Dunn of CrownQuest Operating, and Koch Industries, the largest oil group in the United StatesIndustries).Funding from the oil industry is the main source of Trump’s re-election campaign, and the Democratic push for renewable energy has greatly hindered the development of these traditional oil industries.Trump’s intention is to strengthen the use of fossil fuels and use these energy sources to generate electricity, with the goal of increasing drilling and production.
Musk’s Mars dream is also closely related to the energy field.What are the obstacles to landing on Mars?First is energy, followed by rocket launch costs, AI robots and communication systems.These four aspects correspond to Musk’s career: Tesla electric vehicles, SpaceX, Tesla robots and Starlink.However, the biggest obstacle to Mars immigration now has become the government, and most of the car donations behind the Democratic Party come from traditional automakers such as GM and Ford.The Democrats push for clean energy policies and electric vehicle subsidies, which naturally exclude Tesla.The U.S. moon landing program launched during Trump’s first term awarded $146 million in orders to SpaceX.However, after Biden took office, NASA reassigned the contract, giving SpaceX only $9.4 million, while most of it gave Jeff Bezos the Blue Origin.More importantly, the Democratic government has been putting pressure on SpaceX through environmental regulations for extremely ridiculous reasons, such as rockets that could harm marine life and ecosystems.
Starlink played a crucial role in the Ukrainian war, but the service fee has not been paid yet. Musk, who originally planned to close Starlink in Ukraine, continued to provide services under the pressure of the Democratic Party.
Ultimately, Trump is Musk’s only viable option.Energy policy and space contracts are likely to be key bargaining chips for this cooperation.Besides revitalizing fossil fuel vehicles, everything is in line with Trump’s anti-extreme environmental policy, making the two a perfect match.
In addition, energy plays a crucial role in the development of artificial intelligence.I discussed that computing power is the oil of the future in my article “Potential Track Preview: Decentralized Artificial Intelligence Computing Market”.If this oil is divided into two parts, it is electricity and chips, and the “Token per dollar per watt” represents the productivity of the future.Developing the energy industry will ensure that the United States is always at the forefront of artificial intelligence technology, which is consistent with the needs of new Silicon Valley forces behind Vance.therefore,Bitcoin mining is just Trump’s smokescreen.The “Made in the United States” label and boycott of CBDC or foreign mining are essentially not related.Trump may not fully understand Bitcoin, nor does he need to know it, as long as he knows that people like it and that it consumes energy.
3. Anti-Federal
Mark Zuckerberg, who was once a die-hard Democratic fan, immediately banned Trump’s social media account after Trump stepped down to show his loyalty.Trump has repeatedly stated that if he has the opportunity to be re-election, he will put Zuckerberg in jail.However, this blind loyalty has not led to any compromises on the Libra issue by the Democrats, which Zuckerberg may not realize is actually a declaration of war on the Federal Reserve, the largest private bank in the United States.The collapse of Meta caused its stock price to plummet and the meta-universe became a bubble, but Zuckerberg was lucky compared to previous politicians.
Historically, only two presidents have tried to challenge the Fed: Lincoln, who tried to regain the minting power and Kennedy, who wanted to issue silver to support the currency, both ended in a tragedy.But Musk and Trump are still determined to win.During his first term, Trump publicly expressed his dissatisfaction with the Fed’s interest rate hike, criticizing the Fed for being too independent and unable to affect monetary policy, and hopes to directly fire Fed Chairman Powell during his second term.Musk tried to use Bitcoin to pay Tesla during the last crypto cycle, but later claimed that Bitcoin was too harmful to the environment and suspended its use.Of course, I prefer to believe that the main intention of using Bitcoin is to challenge the dollar, and the reason for the real suspension may not be related to environmental issues.
The common point between Trump, Musk and Bitcoin is the mentality of “no pain, no gain”.Trump is the boldest politician, Musk is the boldest entrepreneur, and Bitcoin is the boldest currency.Maybe there is nothing in this world that they are unwilling to challenge.On November 8, a senator sent a tweet, Musk responded with an emoji, expressing his full support.”The executive branch should be led by the president. This is the design of the constitution.” He also added the tag #EndtheFed, adding: “The Fed is one of many examples of our deviating from the constitution. It is also what we should #EndtheFedAnother reason.”
Let’s take a look at Trump’s commitment to Bitcoin: use Bitcoin to repay Treasury bonds, establish strategic Bitcoin reserves, and ultimately surpass gold.Anyone who knows a little bit of arithmetic knows that this is ridiculous.The U.S. government’s Bitcoin accounts for only 1% of the total supply, not even enough to pay interest on Treasury bonds for a week.butWhat is the information behind this?Trump wants to seize currency power, and Bitcoin, as the leading tauntist of fiat currencies, is the perfect weapon of his anti-Federal movement.By leveraging working-class sentiment and influence on the Democratic Party, Trump can challenge the Fed.If he succeeds in overthrowing the Fed, he will be not only the most powerful U.S. president in decades, but also the only president in U.S. history to hold full control.
4. Oppose the big government
Here I will skip the anti-Democratic part because in Wang Chao’s33 years of crypto war: Beginning with Biden and finally BidenThere is a more detailed description in the article 》.Let us focus on the concept of big government and small government, especially with the Democratic big government ideology and the Republican small government stance.
Thomas Jefferson once set a rule for the young United States: “The best government is the smallest government.”This concept of small government has long been the core political stance of the Republican Party, advocating low taxes and minimum supervision, emphasizing personal freedom and market mechanisms.In contrast, the Democrats tend toward a large government, high taxes and strong regulation, emphasizing social equity and public services.The anarchism advocated by cryptocurrencies is actually very similar to the small government ideal.Both tend toward free markets and individual liberties, but small government supporters believe that maintaining the smallest government can maintain these freedoms.
In the process of cryptocurrency integration with the United States, we may see the Republican Party pushing the on-chain landscape toward small governments and launching another attack on the Democratic Party.In the past four years, the Democratic Party has evolved into a force that exploits American citizens in the name of extreme left ideology, resulting in unprecedented moral hijacking in the United States.We have witnessed government interventions that should have been designed to address social inequity but have evolved into a thorough recognition of extreme movements: rainbow flags, robbery, drug use, illegal immigration, etc. are common.Immigrants even get hotel accommodation and shopping cards, and their benefits even exceed those of citizens.The Democrats’ goal is clear: through exploitation and brainwashing citizens, their goal is to maintain power.Even if they lose some of the votes of legal citizens, they can replace them with votes from illegal immigrants and extreme leftists.
Trump, on the other hand, is committed to cultivating a compliant crypto world that allows citizens to participate in financial activities more efficiently and freely.The election fraud he despises may eventually be resolved through blockchain, allowing the Republicans to win the lost four years again and consolidate its position in 2028.
5. New symbol of the old American dream
The representative of the so-called “New American Dream” is Kamala Harris, the first female vice president in the United States and the representative of the immigrant elite. She has African and South Asian descent and fully meets the requirements of the Democratic Party’s “political correctness”.Harris embodies the “American Dream” of immigration in the multicultural era in the United States and represents an open and inclusive cultural ideology.
The representative of the “Old American Dream” is JD Vance, a working-class background from the “Rust Belt”, who later became a soldier, writer and businessman, and a potential vice presidential candidate andLeader of the New Silicon Valley movement.Vance represents the early American ideal that anyone can get rich through hard work, courage, creativity and determination, a belief in democracy, rights, freedom, opportunity, and equality.
As Trump’s campaign mate, Vance’s qualifications are exactly the same as Trump.Bitcoin, or cryptocurrency, is perfectly intertwined with the “Old American Dream.”The essence of Proof of Work (PoW) is that the more you invest, the more you gain.In the blockchain world, miners are completely equal.This vision of the American Dream is especially important in developing countries, where people can use stablecoins and even Bitcoin for transfers and payments, bypassing banks and unreliable government-backed currencies.They can also find freedom and opportunities through DeFi or on-chain businesses.If Trump keeps his promise, Web3 could become the “American Dream” of the global crypto community.
6. Conclusion
Satoshi Nakamoto once wrote to BM (founder of EOS) and said, “If you don’t believe me, or can’t understand me, then I don’t have time to convince you, sorry.” We’ve passed and need to explain what Bitcoin is, it’sIt’s not the era of Ponzi schemes.16 years have passed and it has never failed.It is there, across the Atlantic Ocean, right next to you and me.
I don’t mind Bitcoin Americanization.Any country, institution or individual can buy Bitcoin – cryptocurrency is essentially freedom.Controlling tokens is not the same as controlling the network.Everything that happens on the Bitcoin blockchain is still decentralized.
However, I do not like the constant intertwining of cryptocurrency and politics.First of all, I don’t fully understand American politics.Second, as an industry that integrates finance and emerging crypto technologies, we have been discussing politics for most of the past year, which is abnormal for any developing tech industry.Bitcoin and the Republican Party are on the same front in this election and benefit each other, but this is not the case in the wider cryptocurrency space.
