In 2021, Elon Musk was perfidiously pumping his $DOGE via Twitter posts, where the people pumped money into the token for every tweet related to his "dogy" in order to catch a wave and make money (this also started the MEME hazard we have in crypto), and at the same time, he was the only one making money, everyone said I was crazy, why would Musk do that, he already has billions. And how do you think he got those billions, with exactly that mindset. Ambition and hunger for money are driving forces that few have and understand, so I already said back then that he has the ambition to become the first $1T net worth person in the world, but also the ruler, not only of the country, but of the entire fucking universe. Aside from Tesla, Starlink, SpaceX, etc. which are okay, and just as many things that are not okay, the fact written above remains.
The fact remains that what these people are doing through crypto is unprecedented. The fact that Trump, the president of the largest country in the world, who was elected to that position by the citizens of the country and trusted to lead the people on a better path with his work, did it with the $TRUMP token three days before the inauguration speaks volumes about what is most important to him, which is personal financial prosperity. That move is a prototype of opportunism, worth writing about. Taking advantage of the opportunity to so easily and naively "shear sheep", and in such a pathetic way, is terrible.
After the famous ball and the announcement about the token, they claimed for several hours that their X profile might have been hacked, and when they saw around noon that things were going really crazy, the Trump family suddenly issued an official statement that the token was legit and was launched by them. The day after, the famous $MELANIA token was released because "as long as (shearing sheep) goes, it goes" so why not. This continuation of the saga alone answers all the questions we need to know about Trump and his motives.
I categorically claim that with that move, Trump "earned" more money for himself and his elite than he could ever make in total with all his (semi)legit businesses, most of which were losing money anyway, with lawsuits worth millions, and all the other "entrepreneurial" folklore. But most important of all in these recent events, all this crypto show is run by one and the same team, which is obsessed with the crypto (financial freedom) scam, through which they extract billions from desperate and money-hungry (greedy) small retail investors who dream that through crypto, they will find a solution to their poverty and the problems that these characters (politicians) have mostly led them into.
And now when I look at Musk on stage and how this "Argentinian", who together with the same team earned/stole in $LIBRA, is not a billion, but it is over $100m, he is giving away a chainsaw with which he saws upside down, supposedly to cut costs to save the people from the (too) expensive state - a reality show at the world level. But best of all, nothing will happen... In America, where no American working in the SEC can do token sale, the president launches a MEME and even later declared "to big, to rig", alluding to the joke that 99% of MEME projects are "next level shit". I won't talk about other political moves, because this is not the topic, and I'm not an expert to talk about it, and I don't want to, because others can.
But - All this is just a prelude to what is yet to come. Neither out of my pocket nor in my pocket, although come on, that MEME fever is something that I think is a tragedy for the crypto industry, although many will say otherwise, but the point of everything is that the world is definitely going into some strange phase, some say a dystopian future where the super-rich will create their own world, rules, and the rest will collect crumbs under a wall, fence or something similar.
I advocate it because capitalism is something we have invented in the "most just" way so far, but unfortunately, law and justice melt in front of a mountain of money like snow at plus 40*C. As in poker, chip leaders are bullies at the table and for a small chip holder without a huge dose of balls and luck, it is impossible to win. Not to mention that big fish eat small fish, which is why we have a few people, mega-companies and entities in general that rule (manipulate) everything.
I would now go on to write about the theory of a "hard cap" on wealth (power) as the only real way out of this shit and the salvation of humanity, similar to the model of sports where "fair play" is essential for competition, where they began to understand that super-rich teams would always win the game, so any competition would become completely irrelevant and uninteresting (no one would pay to watch that), but that's a story for another post about "cruel capitalism".
Until then... study #Bitcoin
#Crypto #Doge #Trump #Elon #US #MELANIA #Libra
