jakiro
Author: Arthur Hayes, founder of Bitmex; Compilation: 0xjs@作 作 作 作 作 作
Last summer, I went to Ibisa, Spain (Translator Note: House Music) Doosh Doosh Holy Land.This is a professional task composed of me and three friends.The organizer of this trip was a male classmate in my college, and he lived in London after graduation.He was born for the summer of Europe and organized a great trip.
On the first night we stayed, the classmates sent us an invitation letter to invite us to the villa on the island to participate in a private party.Imagine the guests of Chiltern (Note: Well -known London Party Hotel) arrived at the Bali Ali Islands.The two friends lived in London and met the people at the party; no one knew the former Hong Kong roommates.The two of us walked to the bar and started drinking.
A few hours later, we came to a hot and narrow room, and Carlita (Note: Well -known DJ) is rotating the stove.When we danced with music, Leonardo Dicaprio was led by a long -legged girl.We witnessed a very funny thing.Leonardo’s chick is selling him why he should take her home.We talked about the segment of the conversation, which was very interesting.I don’t know if she was successful with a movie star, but she did do his best.
The reason why this story is related to cryptocurrencies is that a potential American emperor -Trump suddenly cares about cryptocurrencies.Thousands of voters will decide the results of the US presidential election in key swing states such as Michigan, Pennsylvania, and Florida.Following the cryptocurrency group of young, political active and outbreaks may allow Trump to win the election.Therefore, Trump generally says all the correct words to enhance the reputation of his cryptocurrency supporters.An example is Rose Ubrih, the person in charge of the Silk Road Trading Platform.Rose is currently taking a lifelong imprisonment. The crime is a online market that operates Bitcoin as the main payment method.
Unfortunately, this new political concern has attracted the attention of many people in our industry.Politicians are trying to take us home instead of in turn.These feelings are wrong.Playboy of cryptocurrencies is not a movie star, but a fool standing on the edge of the party.
To my frustration, many cryptocurrency experts who should have learned more about the situation now blindly organize fancy fundraising activities for the Trump campaign.They mistakenly believe that Trump is sincere, as long as they donate enough money, the “cryptocurrency’s throat” will disappear.This is purely nonsense.Trump is a savvy politician.He will say anything to anyone who wants to be re -elected.Once you take office, anything related to cryptocurrencies will become a distant memory.
How does the United States support cryptocurrency voters’ demand for swinging votes by Democratic and Republican Party?Is there a way to turn about 50 million U.S. adults with cryptocurrencies into a single voting group?Is there a strategy that does not require any campaign donation, but ensure that a positive cryptocurrency legislation is promulgated before the election?Of course.But this is not easy.
Before introducing my strategic ideas, I hope readers can analyze a prediction speech by Malcolm X.I will use this speech as a foil, explaining how the oppressed US cryptocurrency holders/voters can achieve their goals in a divided political environment.
After listening to the Malcolm brothers’ speech, I want to discuss a simple legislation. Cryptocurrency voters should ask their political representatives to promulgate them as laws before the election day.Celebrity celebrities do their best to support cryptocurrencies politicians, and these politicians do only establish supervision moats around Coinbase and BLACKRock, which is frustrating.If voters want to become voters who support cryptocurrencies, the legislation promulgated in their names should actually benefit the entire industry and bring cryptocurrency work and opportunities for peace in the United States.Corporate fraud should not appear on the menu.
In the end, I will study these numbers in depth and show how to make a single party who supports a single -supported cryptocurrency decided which political parties to control the House of Representatives, the Senate, and the most important presidential position.
Before I start discussing, I want to explain itWhy is “separation of contributions” should be the primary problem of any votersNo matter who is selected.When the state and its management agencies must regularly levy taxes to citizens, they will be very cautious about their requirements to avoid being selected to step down.Many problems in the country stem from excessive active government use inflation taxes to do unnecessary things.For example, if the government uses direct taxes to pay military expenses, the current level of global military expenditure is not possible, which will inevitably lead to conflict.What do you want: free medical or more AK-47?Is it a free university education or a F-16 fleet?Can affordable public transportation or a submarine equipped with nuclear missiles?If the taxpayer decides, different types of public items will be produced, thereby improving the quality of life of many people.
I will call “Joe Biden” as the prefabricated candidate of the Democratic Party.However, after the debate performed badly, I don’t think he will eventually become the presidential candidate of the Democratic Party.He is Joe Biden, but he is more willing to assume that he is a candidate for simplicity.
Tickets or bullets
Back to the United States in the 1960s with me.The nigga became anxious and demanded political change.Malcolm X is such an aggressive leader who promotes the change of the status quo.On April 3, 1964, he delivered a speech entitled “Tickets or Bullet” in Cleveland, Ohio.The theme is how the black community uses their power as a voting group to determine who will become the next president, and what returns they should get to return their loyalty.The current President Linden Johnson (Democratic Party) competes with Barry Goldwood (Republican).Johnson won re -election.
I will exceed some paragraphs related to this discussion.It should be explained that I don’t agree with what Malcolm X said or does.Nonetheless, his observation is still very keen. For those who want to obtain political interests in a simple majority system, a minority group and cryptocurrency holders who have been oppressed by political oppression are also practical significance.
Malcolm first explained why blacks should let go of differences and unite to achieve the political goals of benefiting everyone:
“Although I am still a Muslim, I am here to discuss my religious beliefs tonight. I am not here to try to change your religious beliefs. I am here to argue or discuss anything about our differences.Because it’s time to let us eliminate differences, and realize that we are better to see the same problem first, a common problem, and one that will make you fall into hell., Muslims are still ethnicists. Whether you have been educated or illiterate, whether you live in tree -lined avenue or alley, you will fall into hell like me.Hell. He is just a white man.
In cryptocurrencies, whether you are the largest doctrist of Bitcoin, Ethereum, Solana, etc., it is irrelevant.The most important thing is that whether you are a centralized exchange shareholder or ordinary holder of Coinbase, you don’t need to entangle these differences.”Politicians”, or in this case, is a state, and hate any disciples of Satoshi Nakamoto.
What are the same in 1964 and 2024?
“In 1964, it may be the most explosive year in the history of the United States. The most explosive year. Why? Because it is also a political year. In this year, all white politicians will return to the so -called black community and deceive you and you and youSome of my votes are in this year.”” “
2024 is an important election year for peace under the United States.Peace under the United States is at the crossroads.Should it accept the multi -pole world order, persist to the end, and fight against challengers in economics and military?The next emperor will have a significant say in how the United States has controlled this changing world order.Given thousands of votes, Trump and the Republican Party are talking about cryptocurrencies.Like Malcolm in 1964, I suspect Trump’s sincerity.He cares about being elected, and he will not hesitate to get all the costs in order to get your votes.If Biden and Democrats support cryptocurrencies, Trump will oppose cryptocurrencies.This is just a good political means.
Malcolm subsequently discussed why and how a few groups who were deprived of rights could have huge political power.
“The 22 million victims are awakening. Their eyes are beginning to open. They began to see what they used to pay attention to. They became politically mature. They realized that there were new political trends from the east coast to the west coast.When they see these new political trends, they may find that the competition of each election is very fierce, so that they must re -count the votes in MassachusettsIt is the same.When the blacks have their own votes, they will decide who will enter the White House and who will fall into the Leng Palace [or if you are a supporter of Trump or Trump, and will be put in prison] “”.
According to Coinbase, 50 million Americans (20%of the total population) have cryptocurrencies.If this group of people vote together, they can easily decide which clown is on the throne.The division between the US Democratic Party and the Republican Party provides unique opportunities for the concessions of major politics.It is important to realize that putting political parties attributable to Satoshi Nakamoto will only lead to failure.
Malcolm continues to criticize symbolism.We should pay attention to this warning.U.S. cryptocurrency holders should not be satisfied with some meaningless government positions of Biden or Trump administration.The only acceptance is the legislation that signed as the law to support cryptocurrencies.
“They got all the black men’s votes, but after they got the votes, the blacks found nothing. What they did after they came to Washington to provide some big black people with good jobs. Those big black people don’t need a good job. They already have a job.It’s a camouflage, this is a trick, this is betrayal, this is the decoration
I strongly recommend readers to read the entire speech carefully.Just remember the race, economic and political background of Malcolm X.I use his black and white remarks as a foil to clarify my point:If there are tens of millions of cryptocurrency holders in the United States, they can seize favorable policies from the government, because politicians are eager for re -election.
For those who think that it takes too long or too difficult to get substantial progress immediately, please remember that American politicians are currently caring for moral manipulation to continue to fund the war between Israel and Hamas.Bombardier Bibi Biebi Palestine’s non -incoming Palestinian civilians are performed by the racial extinction campaign., They are the deadly enemy of the Israeli country.Regardless of their personal opinion, no American politician is willing to stand up for a person’s life, because it means that the strong Israeli lobbying group is irritated. Because they have overwhelming financial resources, they can put negative advertisements one by one to reduce it to reduceThe chance of politicians re -election.The primary goal of any politician is re -election, and the motivation for self -protection is even stronger in the capital of the empire, because the long -term as a member of parliament or a senator will bring huge wealth.
Taking the House of Representatives Southern Perlis as an example.I used ChatGPT to learn the following, which can access her official public disclosure of her net assets.In 1987, when she joined Congress, Pelosi’s net assets disclosed were estimated at $ 3.64 million.By 2023, the estimated estimation of her net assets she disclosed would be $ 97.7 million, an increase of nearly 27 times.ChatGPT estimates that during her 37 -year term, her salary as a female member of Congress was $ 5.7 million.Most of her wealth comes from her smart investment in the stock and real estate market.In view of the members of the House of Representatives and the Senate’s election, it is no wonder that her trading ability is better than Steve Cohen.
Pelosi is the living manifestation of the political dream of the American governor.As a civil servant, she accumulated the wealth passed down from generation to generation.In order to continue governing, politicians will say anything that makes you happy?
Malcolm X has hinted that cryptocurrency holders have power as a political minority in the divided election environment. So why should we protest?
What is currency?
Currency can be dirty legal currency, heavy gold or glorious Bitcoin, but what is its essence?The purpose of currency is to pass energy through physical or digital forms in time and space.Lynn Alden’s currency ledger theory is a good way to think about what money is.
Understanding the blockchain from basic principles can make this concept vivid.The blockchain is just a series of messages that are encrypted by encrypted hash and linking them together in order, and these messages are placed in a publicly readable ledger.With Bitcoin, we can read and write in this public ledger.Bitcoin is a digital speech.
This is another example of this concept, and many readers understand a bit too thorough.TIKTOK, Instagram, Facebook, etc. are allowed you to read and write services that include centralized databases containing you and other user messages.These messages are in the form of video or text content.These platforms support digital speech.
In most free and democratic society, the government’s information published and consumed on social media platforms is protected.Therefore, users can freely express their opinions and not be intervened by the government. This is also reality.In addition, companies that provide these services are not responsible for their remarks on their platforms.
Let’s take Facebook during the 2016 US presidential election as an example.The Democratic Party team claimed that the evil Russian dictator Putin used Facebook to influence people to vote to Donald Trump, thus defeating “democracy”, and Trump was a little tyrant in them.It can be seen that Facebook indulge in the behavior of the rebellion, and its CEO should bear criminal responsibility for foreign behavior on its platform.However, this did not happen; due to the Law of Freedom, Facebook and its executives were not punished.
If the Internet and the information it contains are protected remarks, why would Bitcoin and any other cryptocurrency or tokens supported by blockchain were treated differently?Both use speech to provide services.The fact that Bitcoin is a monetary tool does not cause it to lose the protection of government intervention in the Constitution.
This is an interpretation of a document written more than two centuries. At that time, steam engines were still a new technology.However, in the United States, the Constitution is analyzed like this.The second amendment stipulates that you have the right to carry weapons.In the 18th century, the most advanced weapon was a hairpiece.In the contemporary, the judgment of gun lobbying groups in the United States and many Supreme Courts believe that this means that you have the right to carry an automatic assault rifle.The absurdity is synonymous with games in the Liberty Kingdom.
Let me make a simple statement that it should re -adjust the encryption policy to obey the freedom of speech:
“Cryptocurrencies and tokens are staying on the blockchain or supported by the blockchain. It is a form of protection of remarks. All laws suitable for protecting freedom of speech are suitable for cryptocurrency users or intermediaries. Any restrictions on individuals or individuals orLaws or regulations that are formally established or transferred to cryptocurrencies are not applicable. “
This is what we need to completely clarify the status quo of cryptocurrencies.Let’s explore what practical impacts will have if such laws pass.
Encrypted clarity
If this simple bill is promulgated into law, it will have a profound impact on how the regulatory agencies treat cryptocurrencies.Regarding which institution will have jurisdiction related to cryptocurrency -related behaviors.The only way to clarify the boundaries is the legal precedent obtained by disclosing court cases.This should be.The appointed judge of the law issued by the election representative will decide the scope of speech freedom of cryptocurrency.
But at the same time, peace under the rule of the United States will become the most favorable place for “encryption”.Crypting may mean opening its own exchanges, creating a new DEFI protocol, building decentralized infrastructure, or gathering funds for investment or transactions.This means innovation without permission.The stubborn elements under the United States are nostalgic for this innovation.John D. Rockefeller, Andrew Carnegie, or Henry Ford has begged government officials to completely reform the oil, steel or automobile industry?Of course, they just do things well, established the entire industry and industrial processes, and let the agricultural United States embark on the road to become an empire.
For politicians who vote support to achieve this goal, this means that they will be praised for creating high -paying jobs.This means that they use their privileges in the group committee to buy the stocks of the publicly listed cryptocurrency exchanges and miners, so as to be full of private pockets like the female member of the parliament Perlis.If they want to conduct insider transactions, at least they can be carried out at the same time as the cryptocurrency business is booming.
This sounds like a happy day of cryptocurrency holders and politicians.Does anyone feel uneasy about these development?
Opposition -bad traditional finance
If cryptocurrencies are considered protected remarks, but the legal currency is not, Tradfi will feel uneasy.Their lobbyists will fiercely oppose any such cryptocurrency speech free legislation.So I invited them to join our journey.
The financial regulatory rules formulated for decades do not protect consumers. They are only politically exempted from the various rescue of the financial sector for the continuous of the financial sector.After each crisis, politicians need to show something and apply more ridiculous rules and supervision to traditional financial institutions.
The legal currency (such as US dollar banknotes) and commercial currencies (such as gold) should also be regarded as remarks, so they should be protected.As mentioned earlier, these are the forms of currency, which can convey how much energy of time and space.There should be an equal and fair competitive environment between all forms of currency.
Let’s modify the proposal bill:
“Any form of currency, such as the government -issued currency, gold, and silver, as well as cryptocurrencies and tokens staying on the blockchain or being driven by the blockchain.Laws of freedom of speech are applicable to cryptocurrency users or intermediaries.
There is a problem.As most financial regulators will fail, some reserve banks and other high -leverage traditional financial intermediaries may engage in high -risk activities.All financial government rescue plans should be canceled to reduce public costs.
Let’s modify the bill again:
“Any form of currency, such as the government -issued currency, gold, and silver, as well as cryptocurrencies and tokens staying on the blockchain or being driven by the blockchain.Laws of freedom of speech are applicable to cryptocurrency users or intermediaries.
Do not use public funds in any way or form to rescue any financial institutions.Any public financial institution (a comprehensive list of all related entities) may not accept any funding from the federal government.”
The government should not provide guarantees for any amount of bank deposits.On the contrary, it should require banks to put the legal currency on the public blockchain to achieve a three -type bookkeeping.If all legal currencies are circulating on public encryption books, potential deposits can verify the health of any financial institutions in real time.
Central banks and any other public financial institutions, such as housing mortgage lending policy banks (such as Famili, Geely, and Housing beauty), if bankruptcy, it shall not obtain any funds from the central government.The central bank can print any money it wants, but if its losses have exhausted all the equity, the central bank will go bankrupt.This will weaken the public’s trust in the legal currency, but the goal is to ensure that all financial institutions, whether they are public or private, are involved, and public funds cannot be used when they encounter trouble.
Opposition -encrypted skirt capitalism
Another opposition sound comes from inside.Many US companies and individuals with a large number of private encryption business have hoped to use this opportunity to promote legislation to establish a regulatory moat for their business.If these uncle Tom is found to participate in such transactions, their customers should publicize them publicly.No one should support an encrypted business that uses political procedures to make a profit for themselves and sacrifice collective financial freedom at the cost.
Is there any rule?
Of course.If you steal or fraud, you will violate the law.If you issue a false statement on the Internet and intend to deceive others to seek personal gain, you will be punished.The same is true of cryptocurrencies.The industry does not require any new law to punish illegal behaviors.
Complete task
The best time to obtain specific results is before the November election.The bill I proposed only 113 words.There is a reason why it is short.It is easy to understand; anyone can finish reading in a few minutes.This means that each election representative can immediately digest the content of the bill, and it is less likely to be hijacked as an assistant as a high salary channel.
The bill requires supporters of Congress and Senate to submit them to their respective houses for discussion and eventually vote.Cryptocurrency lobbying groups can choose several politicians who are re -election in each house.The information is: sponsor this bill, cryptocurrency voters in your constituency will support you.
Once the bill takes effect, it is time to put pressure on the Democratic Party and the Republican Party to ask them to support the bill.The same carrot increase policy is also applicable: support the bill, cryptocurrency voters in your constituency will vote for you; if you do not support, they will vote for your opponent.
Finally, assuming that the bill has been passed in the House of Representatives and the Senate, Bayeng must sign the bill into law.American voters do not have to be limited to a party to vote for members, senators and presidents.Therefore, voters can vote for the Republican Congress of Republican Parliament or Senator who supports the bill in which they are located.
This is more effective than hoping that Trump will adhere to his commitment to various policy proposals to support cryptocurrencies, as this bill may become law within a few weeks.See how fast the legislators are acting when approved more weapons to Ukraine and Israel.When they have the motivation for their own interests (that is, their defense industry stock investment portfolio), things will occur at the speed of super light.
After the election, voters supporting cryptocurrencies will lose all chips.The next election will be held two years later, which mainly involves parliamentarians with a term of two years.Biden or Trump does not spend the same political capital to support cryptocurrency policy because it will not directly affect their re -election opportunities or most of the candidate officials in their respective political parties.
Remember that after the election, the sound of war will intensify.Iran and Russia did not become the goal of even more direct attacks in the United States and NATO. The only reason was that Biden did not want to rise in oil prices before the election.Trump assassinated the main general of the Iranian revolutionary guard during the first term, Cassim Sorimani.He would bomb Iran without hesitation as required by Israel.All these show that once the bomb starts, the problem of cryptocurrency freedom will be quickly forgotten.
Election mathematics
Dreams are beautiful, but is it possible to become a reality?Using ChatGPT, I created a model to analyze the ability of a single group to support cryptocurrency voters to decide Congress, Senate and Presidential elections.
Suppose:
1. The biggest assumption is that each of the 50 million adults who hold cryptocurrencies have registered and voted, and they are single group voters who support cryptocurrencies.
2. Among the voters holding cryptocurrencies, the ratio of the Democratic Party and the Republican Party is 50/50.
3. The voting rate in 2014 was 69.40%, which was the same as the voting rate in 2020.I used 2020 because it was the year of the last presidential election.
4. Since Coinbase does not provide detailed data for the number of cryptocurrency holders of each state, I will distribute voters based on the number of registered voters in the 2020 presidential election.
5. Finally, I assume that in the previous elections, voters voted according to the party line.This means that I only care about voters who crossed the boundaries of the party in the 2024 election.For example, if Democrats defeated Republicans with 1,000 votes in 2022, Republicans won in the Congress campaign, then in order to reverse the election situation in 2024, I only care about the Democrats holding cryptocurrencies to vote to the Republican Party.
Strategy
Democratic Party controls the president and Senate.They obviously want to do everything necessary to maintain their control of presidential positions, which gives them great control over the US government’s institutions.The information to the party leadership is simple: promulgating this legislation that supports cryptocurrencies, otherwise the lobbying groups that support cryptocurrencies will let the Republican Party in charge of three departments of the government.If the Democratic Party cooperates, the lobbying group supports cryptocurrencies can hand over all three government departments to the Democratic Party.
Because the Democratic Party does not control the House of Representatives, some Republican members (exactly four) must be threatened by the dangerous Republican councilor (precisely speaking, and if they do not vote for the party’s boundaries to support the bill.
From a mathematical perspective, is this feasible?Yes, let’s take a look at these numbers.
Congress campaign
ChatGPT provided me with the results of the 2022 Congress election.I have counted the number of votes obtained by the winners and runner -up of each constituency, as well as their respective political parties.
The Republican Party occupies 48 seats. If each Republican cryptocurrency holder in these campaigns crosses the boundaries of the party, these seats may be taken away by the Democratic Party.This will turn the House of Representatives to the Democratic Party.
Senate campaign
Compared with MPs, senators have a term of six years.Therefore, I asked ChatGPT to provide the results of the 2018 Senate elections.People who are elected in 2018 must run for re -election this year.
The Republican Party has 9 seats. If each Republican cryptocurrency holder crosses the boundaries of the party, these seats may be taken away by the Democratic Party.This will expand the Democratic Party’s current major seats in the Senate.
Presidential election
ChatGPT provides me with the election results of 2020 in each state.Each state has a certain number of electoral votes, and the presidential candidate needs to get 270 electoral tickets to win.
If a few Republican cryptocurrency holders of a few states across the boundaries of the party, then 115 electoral tickets will be voted for Democratic candidates.This will ensure that Biden wins.
If you are interested in my model and support data, please contact me; I am happy to provide them.
Hard work
The hard work is not to raise funds from the wealthy U.S. cryptocurrency holders.You should not donate a penny to a political campaign.The hard work is to persuade the vast majority of cryptocurrency holders to become a single group voter and vote.This is what the millions of dollars raised by all kinds of lobbying groups that support cryptocurrencies should be spent on.
If Brian Armstrong really wants to be an advocate supporting cryptocurrency legislation, as many of his political activities tout the article described, then he should collect digital signatures of Coinbase American users to support the proposed legislation.In this way, politicians know that cryptocurrency holders are serious, and they hope to promote change in a organized manner.
What I described is not easy, and more importantly, this has nothing to do with the number of campaign donations.This is to motivate cryptocurrency holders to let the representatives they choose are responsible for the meaning of meaningful changes.Doing this difficulty means that any poor politician who wants to enter the Washington Special Economic Zone cannot cross cryptocurrencies, because they know that cryptocurrencies holders will go out to vote for their wallets.
Non -party
Some readers may think that this article is the idea of Trump supporters who secretly supports cryptocurrencies.I am not a member of any party, and I don’t care about who won the US presidential election.The ruling party has a means and motivation to continue to power at all costs.If the ruling party has done some suspicious things to prevent opposition from taking power, the situation is even more so.This is why cooperation with the Democratic Party is more effective.If the situation is the opposite, I will advocate support for the Republican Party.The key is that in the highly polarized two -party system, party prejudice is not conducive to achieving your single group policy goals.
Copy and copy
If cryptocurrency voters in the United States can be highly promoted by a simple and profound legislation that supports cryptocurrencies.Therefore, it will activate cryptocurrency holders in other jurisdictions in politics. In these jurisdictions, a small number of voting groups with a few, outspoken and dedicated voting groups can achieve legislative results.
After looking at the US listed Bitcoin Fair Exchange Trading Fund (ETF), how fast is the Hong Kong and London Stock Exchange launched or planned to launch the Bitcoin Fair Exchange Trading Fund (ETF).The competition of national countries is our friend.Suppose someone seriously strives to use this historic moment to promote the United States through a transformative, simple and effective support to support cryptocurrencies.In this case, non -Americans should contribute to this career.
Helping this career means humiliating individuals and companies that propose legislations that are full of capitalism with cryptocurrency skirt capitalism.Helping this cause means analysis and providing feedback on serious proposals.Helping this cause means that those who claim to support cryptocurrencies in the United States should not accept the hollow words of politicians who seek re -election, but to immediately take specific actions before voting.Finally, if your country is a democratic country, the political party is highly polarized, and no political party has an overwhelming majority, then helping this cause means that similar activities are organized in your country.
Thinking is very important
More than a year ago, I wrote an article about using multi -headed Bitcoin and short sustainable drop -down contracts to create a synthetic US dollar.Ethena inspired this article, adding its own characteristics to this idea, and creating the fastest stable currency in history.It is not easy for them to work hard.They are so successful, and my inbox is full of the founder to sell the next “Ethena killer” mail.
I don’t think the views put forward in this article are really original.However, I hope that by putting forward this article, many people in the industry will read it and promote motivated and savvy politicians to take action immediately.Don’t waste this opportunity.Because if they do this, the hot girl at the party will visit another man.On November 6, the loyal politicians will fall into trouble again, watching the world passing by them.
