Author: YBB Capital Researcher Zeke
1. Whatever does not kill me makes me stronger
"I'm Back, Bitches!" This sentence is to honor all those who doubt me and those who take advantage of my misfortune.
The first former president in history to be convicted, a "tech madman" who flirts with women and claims to give humans brain-computer interfaces and send them to Mars, some disintegrating old subordinates and enemies who were on the opposite side in the past, plus A cryptocurrency that has been declared dead hundreds of times by mainstream media since 2011. This seemingly twisted and absurd combination constitutes all the obvious chips of the Republican Party in the 60th US presidential election. Starting from the heart, the team still looks very fragile. Musk and Vance, the two core members of the team, have publicly criticized his policies many times, and he himself has publicly criticized Bitcoin many times since 2019. It is considered a Ponzi scheme and a money laundering tool.
But "the world is bustling, all for profit; the world is bustling, all for profit", whether it is people or things, as long as there is an intersection of interests, it is natural to temporarily ignore the differences. For Trump, this is a matter of life and death. For Musk, it’s a battle for the future of mankind. For Vance, it’s a battle to defend the old American dream and the new Silicon Valley. All these obstacles converge at this moment: Democratic Party.
Since God cast the first vote in Pennsylvania, the balance of victory has begun to tilt. The Democratic Party has used all its strength to replace the relay, bring out all the old politicians in the party, gather Hollywood stars, and spend a lot of money on media promotion. The solution failed to prevent Trump's team from winning.
On November 6, the day the voting ended, unlike the situation before the vote that the mainstream media in the United States said was the most tense in history and Harris's slight lead in the polls, the Republicans won all seven swing states and the battle ended in half a day. Trump finally won by a landslide. The pressure has repelled the Democratic Party's all-out hunt. One of the Republican Party's key trump cards is the silent majority, the lower-class legal citizens who are oppressed by illegal immigrants and liberal totalitarianism. They don't speak out on social media, but they will vote. The right vote. The man in the red MAGA hat is back in the White House.
In this fascinating US election, I can understand the motivations of everyone in Trump's team to stand with Trump, but why did he choose Bitcoin? A common explanation is that the cryptocurrency holders in the United States occupy Trump needs to please these voters, who make up 13% of the total population. According to his own explanation, Bitcoin can be used to repay the 35 trillion US dollar national debt and replace gold as a new strategic reserve. These two reasons, The former seems a bit forced, and the latter seems a bit outrageous. In order to convince myself, I have read a lot of articles and videos from traditional financial bloggers since the 6th. I think the answer is that Bitcoin has nothing to do with Trump and Marx in the next four years. There are many intersections in the America led by Skew: energy, anti-Fed, anti-Democratic Party, anti-big government and new symbols of the old American dream.
2. Energy
The real purpose of politicians is always hidden under those high-sounding reasons. Let's review the strangest point about Trump's vision of the future of Bitcoin: In June this year, Trump posted on Truth Social late at night, "Bitcoin Bitcoin mining may be our last line of defense against CBDCs (Central Bank Digital Currency)... We want all remaining Bitcoins to be made in the USA!!! This will help us dominate the energy sector."
There are many similar speeches, such as hoping that all remaining Bitcoins will be labeled as produced in the United States, making the United States the capital of cryptocurrencies. The meaning of these speeches is to maintain a united front with grassroots voters and resist The Democratic Party's tyranny over Crypto, resistance to CBDC, and resistance to Bitcoin produced in Europe and Asia. But these statements cannot withstand our careful scrutiny. Whether Bitcoin is labeled Made in the USA does not seem to have much to do with the above points. Trump's real purpose is actually hidden at the end of the sentence, which is to develop energy. The main donors behind Trump are: Kelcy Warren, CEO of Energy Transmission, and Harold, founder of Continental Resources. Harold Hamm, Jeff Hildebrand, CEO of Hilco Energy, Timothy Marvin Dunn, CEO of CrownQuest Operating, and the largest The American oil company Koch Industries. Funds from the oil industry are the main source of funds for Trump's second campaign. The renewable energy power generation promoted by the Democratic Party has greatly hindered the development of these traditional oil industries. Trump's intention is to strengthen the use of fossil fuels and use fossil fuels to Energy is used to generate electricity, and everything that consumes oil is used to do so, allowing drilling to proceed crazily.
Musk's dream of Mars is also closely related to the energy industry. What are the obstacles to landing on Mars? The first is energy, followed by rocket launch costs, AI robots, and communications. These four points correspond to Musk's Tesla electric cars, SpaceX, and Tesla. Tesla Robotics, Starlink. But now the biggest obstacle to immigration to Mars has become the government. Most of the donations from the car companies behind the Democratic Party come from traditional car companies such as General Motors and Ford. Although the Democratic Party has implemented the Clean Energy Act and electric vehicle subsidies, , but these will naturally exclude Tesla. Although the US's re-moon landing plan was initiated during Trump's last term, most of the $146 million order was allocated to SpaceX. But after Biden took office Afterwards, NASA directly redistributed the orders, greatly reducing the number of SpaceX orders. SpaceX only received 9.4 million orders, and the majority of them were allocated to Bezos' Blue Origin. The most important issue is that the Democratic government The United States has been using environmental supervision to make things difficult for SpaceX's rocket launches, and the reasons given are extremely absurd, such as whether it will hit marine life and pose a threat to the marine environment. Starlink played a vital role in Ukraine during the Russian-Ukrainian war, but the usage fee has not been received yet. Musk, who originally chose to shut down the Starlink business in Ukraine, had to reopen it under the protest of the Democratic Party. Starlink.
All in Trump is Musk's only choice. Energy policy and aerospace contracts will be the bargaining chips that Trump will exchange with him. In addition to reviving fuel vehicles, all of this is inconsistent with Trump's anti-extreme environmental policy. Naturally, the two of them hit it off.
In addition, energy also plays an important role in the development of AI. In last year’s article “Prospects of Potential Tracks: Decentralized AI Computing Power Market”, I said that computing power is the oil of the future. Divided into two parts, namely electricity and chips, "tokens per dollar per watt" represents future productivity. Developing the energy industry is also to enable the United States to maintain its leading position in AI, a key technology, which is also in line with Vance's The needs of the new Silicon Valley forces. Therefore, Bitcoin mining is just a cover for Trump. Made in the USA is not necessarily related to preventing CBDC and preventing other countries from mining. Trump may not understand Bitcoin and does not need to understand it too much. All he needs to know is that people really like this thing and it really consumes electricity.
3. Anti-Fed
Zuckerberg was once the top fan of the Democratic Party. In order to show his loyalty to the Democratic Party, he banned Trump’s social media accounts as soon as he stepped down. Trump has repeatedly stated that if he has the opportunity to take office again, the first thing he will do is They want to put Zuckerberg in jail. But this loyalty did not win the Democratic Party's compromise on Libra. Zuckerberg may not really understand that this is a declaration of war against the Federal Reserve, the largest private bank in the United States. Meta's fate is the stock price. The price of the Metaverse plummeted and became a bubble, but Zuckerberg was lucky compared to politicians in the past.
In history, there were two presidents who wanted to touch the Federal Reserve. One was Lincoln who wanted to take back the right to mint coins, and the other was John F. Kennedy who wanted to issue a silver-backed currency based on silver. Naturally, the final result was that they were both shot down. But Musk and Trump still want to be the next challenger to the Fed. During his last term, Trump publicly expressed his dissatisfaction with the Fed's interest rate hikes several times. The independence of the Fed prevents him from intervening in monetary policy. He wants to fire Federal Reserve Chairman Jerome Powell directly during his first term. Musk tried to use Bitcoin payments for Tesla in the last crypto cycle, but eventually claimed that Bitcoin was not environmentally friendly and suspended Bitcoin payments. I would rather believe that the fundamental intention of using Bitcoin payment is to challenge the US dollar, and the reason for its eventual suspension cannot be environmental protection.
The three have one thing in common: Trump is the craziest politician, Musk is the craziest entrepreneur, and Bitcoin is the craziest currency. Perhaps there is nothing in this world that they dare not challenge. Musk responded to a post by a senator on November 8 with an emoji "💯", which means 100% support. The post reads: "The executive branch should be under the leadership of the president. This is the Constitution. He also included the hashtag #EndtheFed in his post. He wrote: "The Fed is one of many examples of where we have strayed from the Constitution in this regard. This is also why we should #EndTheFed Another reason why.”
Let us review Trump’s promise about Bitcoin again: using Bitcoin to repay US debts, building a strategic reserve of Bitcoin, and Bitcoin will eventually surpass gold. Anyone who can do elementary math knows that this is nonsense. 1% of the total Bitcoin reserves in the United States is not even enough to pay the interest on US debt for one week. But what does this imply? Trump wants to take over the currency power, and Bitcoin, as the number one mocker of credit currency, has a great impact on this market. It is perfect for Trump to take the lead in the anti-Fed movement. He has won the hearts of civilian supporters and the Democratic Party. If he can finally defeat the Fed, Trump will not only be the most powerful president in recent decades, but also He is the only president in the history of the United States who has all the powers.
4. Anti-Big Governmentism
I will skip the anti-Democratic content here. There is a more wonderful description in "33 Years of Crypto War: Beginning with Biden and Ending with Biden" written by an author named Chao. What is the Democratic Party's big government and what is the Republican Party's small government.
Jefferson once set a rule for the young United States: "The best government is the smallest government." The so-called small government is the political proposition of the Republican Party for many years, that is, low taxes, less regulation, and emphasis on personal freedom and market mechanisms. It tends to favor big government, high taxes, strong regulation, and emphasizes social equity and public services. Crypto’s advocacy of anarchism and small government are actually very close. They are essentially more inclined to free markets and personal freedom, but small government is more Believes that minimal government is necessary to maintain individual liberty.
In the process of crypto integration with the United States, we may see the Republican Party push the on-chain form towards small government, thereby launching another attack on the Democratic Party. In the past four years, the Democratic Party, which has incorporated extreme left-wing liberal ideas, has completely transformed into a government. The exploitation of American citizens is an unprecedented moral kidnapping that has washed America to the ground. We have seen that the so-called use of government power to make up for social injustice has evolved into the connivance and even support of various extreme movements, rainbow flags, robbery, Drug abuse is common, and illegal immigrants are provided with hotel rooms and even shopping cards. Their welfare is superior to that of the citizens. This is the current situation in the United States. The purpose of the Democratic Party is obvious. They want to maintain their rights by exploiting and brainwashing the citizens. Even if they lose some of the citizens' votes, they can still In exchange for more illegal immigrants and extreme left votes. What Trump wants to cultivate may be a regulated crypto world, in which citizens can conduct financial activities more efficiently and freely. Election fraud may also be achieved through blockchain in the future. Blockchain will take back the four years lost by the Republican Party and consolidate the Republican Party’s position 28 years later.
5. New symbols of the old American dream
The so-called new American dream is the immigrant elite represented by Kamala Harris, the first female vice president, and an African-American and South Asian immigrant, who perfectly meets the Democratic Party’s “political correctness needs”. The symbol of the "American Dream" of immigrants in the context of the multicultural era of the United States represents the cultural concept of openness and integration. The representative of the old American Dream is the struggler represented by JD Vance, a civilian child born in the Rust Belt. He is a soldier, writer, businessman, the next US vice president and a new Silicon Valley leader. He represents the early American belief that through hard work, courage, creativity and determination, people will eventually become rich. , namely democracy, rights, freedom, opportunity and equality.
As Trump's deputy, his buffs are perfectly stacked. I think the intersection of Bitcoin or Crypto and the old American dream is a perfect match. The essence of Pow is that the more you invest, the more you earn. The more, the miners are absolutely equal in the parallel world of blockchain. And this American dream has a better interpretation in third world countries, where they can use stablecoins or even Bitcoin in blockchain for transfers and payments. , thus bypassing banks and unreliable small government currencies, they can also find freedom and opportunities in DeFi or on the chain. If Trump keeps his promise, then the next Web3 will be a battle for the world's cryptocurrencies. The user's "American Dream".
Conclusion
Satoshi Nakamoto once wrote to BM (founder of EOS) in a reply, "If you don't believe me or can't understand me, then I don't have time to convince you, sorry. We have passed the time to explain to others what Bitcoin is. What is it, is it the era of the Ponzi scheme? It has never failed in 16 years, it is there, it exists across the Atlantic and around you and me.
I don’t mind the Americanization of Bitcoin. Any country, organization or individual can buy Bitcoin. Cryptocurrency is free. Controlling the token does not mean controlling the network. Everything that happens on the Bitcoin blockchain remains the same. It is decentralized. But I hate to always mention crypto and politics. First of all, I really don’t understand American politics. Secondly, as an industry that mixes finance and emerging crypto technology, we have had most of the Politics is mentioned all the time, which is absolutely abnormal for any developing technology industry. Bitcoin and the Republican Party are on an equal footing in this election, and each gets what it needs, but Crypto other than Bitcoin no.
