Crypto, Trump and the U$D


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Posted by SagoBob on May 28, 2025 at 20:31:39

On the 05/28 the PBS Nightly News Hour their coverage included this information on the Trump crypto empire:

"Now, the Trump family has four crypto ventures, the latest, the Trump Media Bitcoin investment, which is essentially transforming that company into — further into a crypto holding company.

Then there's the Trump meme coin, which is a type of cryptocurrency normally inspired by Internet and popular culture.

There's American Bitcoin. That's a Bitcoin mining firm set up by Donald Trump's eldest sons, Eric and Don Jr.

And then there's World Liberty Financial, which is the Trump family crypto firm that recently launched a stable coin".

If Crypto is meant to compete with the U.S. dollar and is designed to replace traditional money, could that mean Crypto will compete with the US Treasury when it auctions off public debt? If investors can make more money buying crypto than US debt, then will that lead to the Treasury being forced to offer higher interest rates?

With the Trump Crime Family involved anything is possible, including destroying our economy.





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