The Trump Crypto Conspiracy: Turning Decentralization Into a Government-Backed Scam
Decentralization corrupted by greed.
Once critics of cryptocurrency, the Trumps now stand to profit from policies that undermine its decentralized ethos, risking public funds to enrich the few.
The Trump Cryptocurrency Conspiracy:
Turning Decentralization Into a Government-Backed Scam
Cryptocurrency was born out of a desire for decentralization — freedom from governmental interference, institutional control, and economic manipulation. Its very essence lies in transparency, immutability, and independence. Yet, recent developments surrounding Donald Trump’s newfound embrace of cryptocurrency, coupled with his family’s crypto ventures and proposed policies, reveal what can only be described as a calculated conspiracy to co-opt the decentralized ethos of crypto for personal and political gain.
This article unpacks the core of this conspiracy, revealing how a system designed to operate free of government influence is being manipulated to align with the self-serving ambitions of one of its former critics.
From Crypto Critic to Crypto Champion
Donald Trump once openly derided cryptocurrency as a “scam” and “not real money.” However, after disclosing personal crypto holdings valued between $1 million and $5 million and launching the family-run World Liberty Financial (WLFI) platform, Trump has undergone a dramatic transformation. The timing of this shift is no coincidence; it coincides with his return to political power and a policy agenda that conveniently benefits crypto investors — himself included.
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Crypto’s Decentralized Ethos
At its core, cryptocurrency was designed to function outside the bounds of traditional government and financial systems:
Decentralization: Bitcoin and similar cryptocurrencies were built to operate without centralized control, ensuring that no single entity (government or private) could dominate.
Immutable Supply: The finite nature of Bitcoin’s supply prevents inflationary practices common in fiat currencies.
Trustless Transactions: Crypto eliminates the need for intermediaries, relying on blockchain technology to secure and validate transactions transparently.
Government involvement, particularly in the form of bailouts, is antithetical to these principles. Cryptocurrencies are inherently volatile, and their decentralized nature means market crashes are a known and accepted risk — not a problem for taxpayers to solve.
The Trump Conspiracy: Rigging the Rules for Profit
The Trumps’ sudden embrace of crypto and the policies they propose raise a glaring question: Is this about championing a technology or exploiting it?
Government-Backed Bailouts
One of Trump’s most controversial proposals is the creation of a Bitcoin Reserve Fund, wherein the government would purchase billions in Bitcoin to stabilize the market. Critics argue this is nothing short of a bailout for crypto investors, especially during market crashes.
This proposal is entirely against crypto’s decentralized ethos and serves only to enrich major stakeholders like Trump, his family, and other wealthy crypto holders.
Personal Financial Gain
Trump and his family have positioned themselves as major stakeholders in the crypto market through personal investments and the WLFI platform. Reports indicate that 20% of WLFI tokens are reserved for the team — essentially, the Trumps — ensuring they profit regardless of market performance.
By promoting policies that artificially inflate Bitcoin and token prices, the Trumps stand to make massive gains while taxpayers shoulder the risk.
Hypocrisy and Opportunism
The Trumps’ prior criticisms of crypto as a “scam” starkly contrast their current involvement. Their pivot aligns suspiciously with Trump’s policy proposals, suggesting a premeditated plan to profit from a market they once dismissed.
The Danger of Government-Backed Crypto Markets
The Trump-backed policy agenda threatens to undermine the foundational principles of cryptocurrency in several ways:
Centralized Control: By involving the government, the decentralized integrity of crypto markets would be compromised, reducing their appeal to investors seeking freedom from centralized systems.
Market Manipulation: Government-backed purchasing programs like the Bitcoin Reserve Fund would artificially inflate prices, creating bubbles destined to burst. This benefits insiders while exposing taxpayers to catastrophic losses.
Public Burden: A bailout for crypto markets shifts the financial risk from private investors to the public, creating a dangerous precedent for future speculative markets.
Crypto Was Not Designed for This
Cryptocurrency’s decentralized nature was intended to empower individuals, not enrich elites at the expense of the public. The Trump family’s involvement and proposed policies distort these principles, turning a tool for financial freedom into yet another avenue for political and financial exploitation.
A Decentralized Vision
Satoshi Nakamoto, the pseudonymous creator of Bitcoin, explicitly envisioned a system immune to government interference. Trump’s proposal to intertwine crypto with federal backing represents a fundamental betrayal of this vision.A System Rigged for Insiders
The essence of crypto lies in equal opportunity and transparency. By leveraging political power to manipulate the market, the Trumps are creating a system where only insiders benefit — completely undermining crypto’s promise of democratization.
The Broader Implications
If this conspiracy unfolds as planned, the consequences will extend far beyond cryptocurrency:
Erosion of Public Trust: Taxpayer-funded bailouts for speculative assets would deepen public cynicism about government priorities, further eroding trust in institutions.
Economic Instability: Artificially propping up volatile markets like crypto could lead to broader financial instability, especially if bubbles burst and public funds are lost.
Global Fallout: As the U.S. government becomes entangled in crypto markets, its credibility in managing traditional financial systems could be compromised, with ripple effects on global markets.
A Call for Accountability
The Trump cryptocurrency conspiracy is a stark reminder of the dangers posed by the intersection of personal ambition and public policy.
To prevent this exploitation, several steps must be taken:
Demand Transparency: Full disclosure of the Trumps’ crypto holdings and business dealings is essential to understanding potential conflicts of interest.
Reject Bailouts: Policies that place taxpayers on the hook for speculative markets must be opposed at every level of government.
Preserve Decentralization: Regulatory frameworks should protect the integrity of cryptocurrency as a decentralized asset class, free from political manipulation.
A Scam Disguised as Policy
Cryptocurrency was never meant to rely on government support. It was designed to empower individuals and democratize finance — not to serve as a tool for elites to offload their risks onto taxpayers. The Trumps’ involvement in crypto, combined with their policy proposals, is a glaring conspiracy to manipulate a decentralized system for centralized profit.
The American people deserve better than to be the collateral in a scheme designed to enrich a select few. As this story unfolds, it is up to citizens, lawmakers, and crypto advocates to ensure that the ideals of decentralization and transparency prevail over greed and exploitation.
The Trump Crypto Conspiracy: Turning Decentralization Into a Government-Backed Scam was originally published in Information-Warfare Magazine on Medium, where people are continuing the conversation by highlighting and responding to this story.