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Trump’s crypto agenda favors elites, not the everyday user ?

Bitcoin enthusiasm is inherently elevated. US President Donald Trump’s trade deal with the UK has injected a surge of optimism into global markets, and Bitcoin  BTC
$112,707 as the final asset without borders, is enjoying the advantages.

Beneath the Trump administration’s vigorous drive to deregulate the crypto sector lies a concentration of power that benefits a select few and overlooks the majority.

Cryptocurrency was created for the average individual — those who grew weary of murky financial systems that favor profits over the welfare of the public. Bitcoin arose from the ruins of the 2008 financial crisis as a groundbreaking trial in financial independence, rather than a means to benefit hedge funds and political elites.

That’s precisely what is occurring. The administration of Trump has initiated actions to swiftly remove regulations in support of a crypto-friendly agenda. An evident example is his family's crypto business, World Liberty Financial. WLF initiated its own stablecoin and digital tokens directly connected to Trump’s sons as the administration started easing regulations. Concurrently, the Department of Justice dissolved its national cryptocurrency enforcement unit, halting inquiries that previously focused on money laundering and fraud.

From financial freedom to political favoritism


Watchdogs and critics are sounding the alarm regarding conflicts of interest. Trump’s open excitement for digital currencies serves as a business tactic. The aggressive deregulation of his administration advantages WLF and similar entities, shielding them from oversight as they broaden their financial influence.

The politicization of cryptocurrency is even more troubling. Tokens associated with political figures, such as Trump, are saturating the market. The gathering around these referred to as “politico-coins” pertains to allegiance and power. There is increasing worry that political figures are using cryptocurrency to create new types of centralized power.

Related: Trump family's firm reduces its investment in World Liberty Financial by 20% — Report

Trump's administration has portrayed itself as the champion of blockchain, yet the outcome resembles capitalism more closely, where the potential for financial empowerment is eclipsed by speculative profits. World Liberty Financial, boosted by fresh capital, forges ahead as ordinary investors struggle through a terrain structured to maintain their disadvantage. Everyone is being told that financial freedom is available for purchase — but only if you belong to the right group .

Those without bank accounts deserve more than this.

This isn’t the monetary transformation that cryptocurrency guaranteed. It's a repeat of the same tired scenario: The wealthy grow wealthier, the authorities ignore the issues, and the rest of us are left to deal with the consequences.

The unbanked, the underrepresented, and those let down by conventional finance deserve to have their voices amplified. We need to remove the political labels and focus on the primary goal of offering genuine financial access to those who need it most.

This involves demonstrating to individuals how cryptocurrency can assist them in everyday activities rather than merely discussing it theoretically as a financial investment. It seems like transferring funds back to family without sacrificing 20% to remittance charges or holding stable digital dollars when your local currency is plummeting.

Trump’s perspective on crypto boasts a lot about liberty, but beneath the surface, the same traditional power dynamics are in operation. For crypto to truly realize its potential, the community must return to its original mission: to break the mold rather than strengthen it

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