Trump's "Chief encryption Market Maker Road": Analyzing the operational logic of political capitalization from MEME to national strategic reserves

Author: Icefrog

Special Note: This article is overly emotional, please readers take it lightly to avoid losing control, thank you!

Politicians in the White House and capital on Wall Street are restructuring power relations on the chain. They have built a more concealed and cruel new exploitation system under the guise of decentralization.

When Trump’s tweets become part of political insider trading, we have to admit an extremely ironic paradox: the decentralization of blockchain provides an excellent and covert manipulation space for centralized power.

1. The Colonial Experiment of Power: Trump’s Road to Chief Crypto Market Maker

When you stay up late watching Trump’s tweets, you might think you are participating in a financial revolution initiated by the great leader, but the harsh reality is more likely: you may be participating in a crowdfunding project for the electricity bill of Mar-a-Lago.

Yes, Trump’s rise to power is good for crypto, but just as there is no love for no reason, the other cost of political power may be that power is kicking off the colonization of a decentralized world.

Recently, there have been two pieces of news that are supporting this in fact.

A few days ago, the on-chain data showed that money laundering was taking place behind the operation of LIBRA and MELANIA through wash trading.

The second is that last night there was a giant whale using 50 times leverage to long BTC and ETH, according to the leverage multiple, its liquidation price is only 100 US dollars away from the spot price, just when everyone is puzzled by its operation, Trump issued a tweet about the national strategic reserve of digital currency, in just half an hour, the address made half a billion.

Two short pieces of news, any one with a modicum of financial common sense might come to a very clear conclusion: this isn’t insider trading, what else is there? The top-level politics + capital conspiracy is so unpretentious.

Trump really understands decentralization, especially when power is combined with decentralization, making money as simple as breathing, and without any legal responsibility, at least for now.

Satoshi Nakamoto’s cryptographic ideal originally foreshadowed a path beyond national sovereignty and capital hegemony. However, a series of actions by Trump have proven that power is using explicit or implicit information, as well as more enticing narratives, combined with the leverage of capital, to achieve the digital seizure and new colonization of blockchain. Insider information is being transformed into tradable leverage derivatives around the interest groups of the power elite.

The realization of political power and the withdrawal of capital on the chain, from memes to the political contribution metaphor implied by tweets, Trump is adding a blockchain engine to the White House-style revolving door, from information privilege to political capitalization, and the market’s frenzy for Trump’s policy fantasies is nothing more than new colonial marketing.

Some say that Trump is launching a political revolution in the United States, but as a blockchain practitioner, we need to see a pessimistic reality: Trump is using the market hegemony brought by information privilege to push the anarchism proposed by Nakamoto into the grave, but in a dignified sense, Trump gave a high-profile state funeral.

Let America be great again, let anarchism die, this epitaph was engraved by Trump himself.

The logic of political capitalization: the Trinity of harvesting and benefit distribution

Political capitalization is part of modern politics. However, in traditional finance, it can effectively smooth out the high volatility caused by the realization of power in terms of legal binding force and the logic of the time difference between operation.

In fact, Trump has created an advanced harvesting paradigm of political power + encryption. The key is to use volatility arbitrage, tweets, and information privileges to constitute the core of creating volatility.

The revolving door chain of policy leaks-market manipulation-lobbying legislation is taking shape in Washington. After all, even the SEC declares that MEME is a non-security and that investment is at your own risk.

When ‘code is law’ meets ‘power is law,’ the former collapses at a touch.

At a deeper level, the SEC and Gary Gensler are only part of the harvest, after all, only by creating an obvious “enemy”, the subsequent token marketing and on-chain colonization will have an emotional amplification effect, and then arbitrage through information manipulation and capital leverage.

The world mistakenly thinks that Trump is capricious, but in fact, he is a true master of social psychology, a top master of hype and attention economy.

This set of three consecutive harvesting methods is not uncommon in history, or more offensively, it is exactly the same as the route of religious belief, creating a sense of sin-selling redemption plan-completing the realization of power, and the harvesting mode of sin economics has never changed, whether it is the medieval religion or the periodic rupture of the modern financial market, it always follows this law.

The most brilliant thing about power is that it is not in the sense of force that makes you submit, but that you pay out of your own pocket for a sense of security and the illusion of wealth.

Aside from the gains and losses of personal interests, there is no winner in this game, and the “meme trading” and “leveraged insider manipulation” behind the Trump incident are by no means the abuse of power and technology in a simple sense, but the reshaping of the blockchain in the real sense.

Traditional money laundering and power corruption, with significant centralized intermediary tools, legal and geographical restrictions, and Trump’s technological neutrality, although it has improved the industry in a practical sense, it is undeniable that it has also completely changed the nature of the industry.

White House politicians and Wall Street capital are reconstructing power relations on the chain, and in the name of decentralization, they are constructing a new and more insidious and brutal system of exploitation.

You think you’re looking for financial freedom, but in the eyes of those in power, you’re just nourishment for more efficient wealth plundering, and in their eyes, you may just be a value that can be reset to zero at any time.

We hate capital, we hate centralization, but we depend on them to survive and be exploited by them, individual retail investors oscillate between attachment and resistance, but the shrinking of the wallet reminds us of the reality of what is happening: yes, it’s time to wake up.

3. Paradox: The more decentralized, the more complete the centralized control of power

Perhaps we have to admit that cryptocurrencies have never been far from politics, and when the tame of the crypto world by power is officially put on the table, everything is taken off guard, except for the looting of wealth that continues to play out on a daily basis.

From the perspective of a conspiracy theory, we can even be pessimistic that the so-called technological neutrality is nothing more than an explanation that there is finally no need for middlemen to cut leeks.

A series of recent facts have given us a very cruel truth: blockchain has not only failed to subvert traditional power, but has provided a practical enhancement path for political manipulation at the practical level, or the more bloody fact is that blockchain has provided the ruling authorities with a sharper control weapon.

When your trust is controlled by algorithms, power does not need to be monetized in a traditional and complex form, all transactions can be shaped by higher rules of power, it punctures the mythical bubble of technology, what we see in insider trading is not Satoshi Nakamoto’s ideal of freedom, it only presents the cyber reflection of human beings around the power game for thousands of years.

We are all pawns deeply involved, but I still hope that we understand all this and try not to be cannon fodder, life must go on.