Bitcoin and Trump Intersection: The Game of Freedom and Control

Original Author: Zeke, YBB Capital Researcher

1. What Doesn't Kill Me Makes Me Stronger

"I'm Back, Bitches!" This sentence honors all skeptics and all those who threw mud.

The first former president in history to be convicted, a "tech lunatic" who has been everywhere, claiming to implant brain-machine interfaces in humans and send them to Mars, some disintegrated old allies, and a cryptocurrency that has been declared dead by mainstream media hundreds of times since 2011. This seemingly distorted and absurd combination made up all the visible chips of the Republican Party in the 60th Presidential Election of the United States. Starting with Trump as the pivot, the internal of this team still looks very fragile, with the team's two core figures Musk and Vance having publicly criticized his policies multiple times, while he himself has publicly criticized Bitcoin multiple times since 2019, seeing it as a Ponzi scheme and a money laundering tool.

But "All is fair in love and war," no matter if it's people or things. As long as there is an intersection of interests, differences can naturally be temporarily ignored. For Trump, this is a battle of life and death, a battle for family honor. For Musk, this is a battle for the future of humanity. For Vance, this is a defense war between the old American Dream and the new Silicon Valley. All obstacles converge at this moment: the Democratic Party.

Since God cast the first vote in Pennsylvania, the balance of victory has begun to tilt. Changing of the guard, bringing out all the old politicians the party has to offer, gathering Hollywood stars, spending a fortune on media publicity, the Democratic Party used all its resources but could not stop the Trump team's victory.

On the voting termination day of November 6th, unlike the so-called most intense in history and Harris's slight lead in mainstream American media polls before the vote, the Republican Party won all seven swing states, ending the battle in half a day, and Trump ultimately crushed the Democratic Party's all-around hunt. One of the crucial cards of the Republican Party is the silent majority, those oppressed lower-level legal citizens by illegal immigrants and liberal authoritarianism. They don't speak on social media, but they will cast the right vote. The man wearing the red MAGA hat has once again stormed back to the White House.

In this extraordinary U.S. election, I can understand the motivation of everyone in the Trump team to stand with Trump, but why did he choose Bitcoin? A more common explanation is that U.S. cryptocurrency holders make up thirteen percent of the total population, and Trump needs to please these voters. And according to his explanation, Bitcoin can be used to repay the $35 trillion national debt and replace gold as a new strategic reserve. The former reason seems somewhat forced, while the latter seems somewhat outlandish. In order to convince myself, from the 6th until now, I have read a large number of articles and videos by traditional financial bloggers. The answer I believe in is that there are multiple intersections between Bitcoin and the America led by Trump and Musk in the next four years: namely energy, anti-Fed, anti-Democrat, anti-big governmentism, and a new symbol of the old American Dream.

2. Energy

The true intentions of politicians are always hidden behind lofty reasons. Let's revisit the strangest point in Trump's vision for the future of Bitcoin: In June of this year, Trump posted on Truth Social late at night saying, "Bitcoin mining may be our last line of defense against CBDC (Central Bank Digital Currency)... We want all remaining Bitcoin to be made in the USA!!! This will help us dominate in the energy sector."

There have been many similar statements, such as hoping all remaining Bitcoin will be labeled as made in the USA, making the USA the capital of crypto. The underlying meaning of these statements, both explicit and implicit, is to maintain a unified front with the grassroots voters, resist the Democratic Party's tyranny over Crypto, resist CBDC, and resist Bitcoin produced in Europe and Asia. However, upon careful consideration, whether Bitcoin is labeled as Made in the USA seems unrelated to the above points. Trump's true intention is actually hidden in the development of energy. Trump's main backers behind the scenes are: Energy Transfer CEO Kelcy Warren, Continental Resources founder Harold Hamm, Hillcorp Energy CEO Jeff Hildebrand, CrownQuest Operating CEO Timothy Marvin Dunn, and America's largest oil company Koch Industries. Funding from the oil industry was a major source of Trump's campaign funds. The renewable energy generation promoted by the Democratic Party has greatly hindered the development of these traditional oil industry companies. Trump's intention is to strengthen the use of fossil fuels, use fossil energy for power generation, and drill crazily for anything that consumes oil.

Musk's Mars dream is also closely related to the energy industry. What are the obstacles to landing on Mars? First is energy, followed by rocket launch costs, AI robots, and communication. These four points correspond to Musk's Tesla electric vehicles, SpaceX, Tesla robots, and Starlink. But now the biggest obstacle to immigrating to Mars has become the government. Most of the funding behind the Democratic Party comes from traditional car companies like General Motors and Ford. Although the Democratic Party implements clean energy bills and electric vehicle subsidies, these naturally exclude Tesla. The U.S.'s Artemis program to return to the moon was launched during the previous Trump administration, and a $146 million order was mostly allocated to SpaceX. However, after Biden took office, NASA directly redistributed the orders, significantly reducing SpaceX's order quantity. SpaceX only received a $9.4 million order, with the majority going to Bezos's Blue Origin. The most significant issue is that the Democratic Party government has constantly harassed SpaceX's rocket launches through environmental regulations, with reasons that are extremely absurd, such as concerns about hitting marine life and posing a threat to the marine environment. Starlink played a crucial role in Ukraine during the Russia-Ukraine conflict, but the fees for its use were slow to arrive. Musk, who had originally chosen to shut down Starlink operations in Ukraine, was forced to reopen Starlink under pressure from the Democratic Party's protests.

All In Trump is Musk's only choice, and the energy policy and space contracts will be the bargaining chip Trump exchanges with him. In addition to revitalizing the oil car, all of this is in line with Trump's anti-extreme environmental policy, so the two naturally hit it off.

Furthermore, energy also plays a significant role in AI development. I mentioned in last year's article "Potential Track Preview: Decentralized AI Computing Power Market" that computing power is the oil of the future. This oil, if broken down into two parts, is electricity and chips. The "Token per Dollar per Watt" represents future productivity. Developing the energy industry is also to ensure the U.S.'s leadership in AI, a crucial technology, which aligns with the needs of the new Silicon Valley force behind Vanss. Therefore, Bitcoin mining is just a cover for Trump. "Made in the USA" has no inherent connection with stopping CBDC or preventing other countries from mining. The King may not understand or need to understand Bitcoin too much; he just needs to know that people do like it and that it does consume electricity.

III. Anti-Fed

Zuckerberg was once the number one fan of the Democratic Party. To demonstrate loyalty to the Democratic Party, he banned Trump's social accounts immediately after Trump stepped down. Trump has repeatedly declared that if he has the opportunity to return to office, the first thing he will do is throw Zuckerberg in jail. However, such loyal devotion did not bring about Democrats' compromise on Libra. Perhaps Zuckerberg truly does not understand that this is a declaration of war against the U.S.'s largest private bank, the Fed. Meta's fate is a plummeting stock price, and the metaverse has become a bubble, but compared to past politicians, Zuckerberg is still relatively fortunate.

In history, there were two presidents who wanted to challenge the Fed. One was Lincoln, who wanted to reclaim the coinage power, and the other was John F. Kennedy, who wanted to issue silver-backed currency. The ultimate result was naturally a fatal gunshot. However, Musk and Trump still want to be the challengers of the next Fed. During the previous term, Trump openly expressed dissatisfaction with the Fed's rate hikes multiple times. The Fed's independence prevented him from intervening in monetary policy. In the next term, he hopes to directly oust Fed Chair Jerome Powell. Musk, during the previous crypto cycle, attempted Tesla's use of Bitcoin for payment, but eventually claimed that Bitcoin was not environmentally friendly and suspended Bitcoin payments. Of course, I prefer to believe that the fundamental intent of adopting Bitcoin for payment was to challenge the dollar, and the reason for the eventual halt must not be environmental.

Destruction before construction is the common ground of the three. Trump is the craziest politician, Musk is the craziest entrepreneur, and Bitcoin is the craziest currency. Perhaps there is nothing they dare not challenge in this world. On November 8, in a post by a senator, Musk replied with an emoticon "