Politics & Crypto.

Former U.S. President and current presidential candidate Donald Trump has pledged to block the creation of a central bank digital currency (CBDC) in the United States. During a campaign speech in Portsmouth, New Hampshire, on January 17, Trump asserted,

"Tonight I’m making another promise to protect Americans from government tyranny. I will never allow the creation of a central bank digital currency."

The audience responded with applause, prompting Trump to comment on their knowledge.

He emphasized that a CBDC would grant the federal government absolute control over citizens' money, posing a serious threat to freedom. Trump, who announced his 2024 presidential bid in November 2022, joins other candidates like Ron DeSantis in opposing the introduction of CBDCs.

The crypto movement is predicted to play a pivotal role in the upcoming election, according to former SEC enforcer John Reed Stark on January 17.

John Reed Stark on the importance of Crypto in the upcoming elections.

https://twitter.com/JohnReedStark/status/1747643544863379876?

The Crypto Movement Could Hold the Key to the 2024 Presidential Election Every presidential contender should immediately appoint an internal Crypto Czar to serve as the crypto-focal point and crypto-spokesperson for that candidate.

The Crypto Czar should join the stages of all of the crypto-spaces and participate in all of the crypto symposium/meetings to mobilize crypto-enthusiasts and issue a proclamation as to the candidates position on crypto-related issues.

While I firmly believe that crypto is a mammoth Ponzi scheme, I also believe that members of the crypto community are extraordinarily passionate and represent a growing and powerful political constituency. Along these lines, crypto ownership is most akin to an ethos, a lifestyle, a culture and a worldview, which could (as @Scaramucci) has pontificated quite astutely) transform crypto enthusiasts into one-issue voters who could move the election needle dramatically.

The stark reality is that above all else, people have always voted with their wallets — and going forward will do so even moreso if their wallets are digital. The cryptoverse has become a global masala of antiestablishmentarianism unlike any other economy movement in history. (Yep, I just used one of the longest words in the dictionary — and for the second time this month).

Moreover, well-capitalized and well-organized crypto-hierarchies (who are just big banks, financial titans and VC’s masquerading as libertarians) have miraculously transformed victims into victimizers, growing the crypto’s corp (and core) exponentially.

Only a crypto crash (which is inevitable) will stop the madness.

In other words, and while political experts smarter than me may disagree, my take is that love ‘em or leave ‘em, the new crypto-faction may actually get smart, get to voting and emerge as a force to be reckoned with.