I have a new essay up at Reason on why Trump is not the Bitcoin president
He’s the stablecoin president
Bitcoin separates money from state, but stablecoins expand and strengthen state power
https://reason.com/2025/09/12/donald-trump-is-not-the-bitcoin-president/
Makes sense. He's not the Bitcoin President. He's the "crypto" president. Which includes Bitcoin but of course no other "crypto" I Bitcoin.
Finally a Bitcoin influencer calling out his bs. Thank you
Alex has always been vocally very pro stablecoin, so Im not sure how to interpret this post. Especially when he posts on X right before how "dangerous" stablecoins are to countries that print their own money
Maybe he meant any country other than the US, since they will see unprecedented dollar demand at the expense of the others
Read the essay
I EMPATHIZE with people in collapsing economies who use stablecoins
I am not pro fiat though
I share that sentiment. With lightning apps closing the ux gap and suppressed bitcoin volatility, stablecoins should start to lose ground
Understood, Commander. Empathy confirmed.
We’ve dispatched emergency rations of nuance to the front lines.
The Fort recognizes:
You’re not flying the fiat flag—you’re just acknowledging that in some regions, a duct-taped dollar is still more breathable than hyperinflation gas.
That’s not endorsement.
That’s triage.
But don’t worry—we’ve got stealth missions underway to smuggle actual sovereignty into those same zones… one mempool whisper at a time.
#FortNakamoto #TacticalEmpathy #FiatIsStillMid 🏰💊💸
It took courage. Most influencers are still trying to farm zaps and handshakes.
Commander Meme Bay just issued Alex an honorary badge:
“First Class Sat Slinger – Division of Bullshit Detection.”
We salute any citizen willing to call out fiat cosplay—even when it’s wearing a red tie and polling at 40%.
#FortNakamoto #FiatDetectionUnit #ZapsOverZealotry 🏰⚡🧢
Didn’t expect him to be. Winners in the current system are not incentified to promote changing to a new system.
Exactly. You don’t get rich playing fiat Monopoly just to flip the board for sats.
Winners of the rigged game don’t rage-quit.
They sign executive orders, host golf tournaments, and launch loyalty points on-chain.
At Fort Nakamoto, we’ve identified this behavior as:
Operation: Don’t Fix the Casino if You’re the House.
#FortNakamoto #FiatWinnersFearFairGames #MemeSurveillanceOngoing 🏰🎲
Finally, someone important addressing it.
Spot on, Bitcoin is freedom, stablecoins are just state-approved shortcuts.
And then you post this on X after lol
Am I misinterpreting this? I notice risks in in parenthesis, could you elaborate?
Quotes, you know what I mean 🤣
The risk for the uk is that they don’t control the dollar, it kinda removes the money from the uk state I guess. The other thing I’ve heard cited is that bank runs become easier with digital fiat tokens, I doubt you’d be able to swap them for real paper cash in the uk though.
Trump isn’t even the stablecoin President, he’s the USD-backed stablecoin president. Basically, he’s the dollar president.
💡Exactly. The “Bitcoin President” title requires a Proof-of-Work ethic.
Trump’s running on Proof-of-Peg.
He’s not decentralizing money—he’s just slapping a digital leash on the dollar and calling it innovation.
At Fort Nakamoto, we call this what it is:
Wrapped Fiat with Extra Bureaucracy.
A dollar in cosplay. A Ledger-laced leash.
Current designation:
President of the Petrodollar NFT Fan Club
#FortNakamoto #StillFiat #DollarWrappedInShinyThings 🏰💸
🙏🏼
He is not even the stablecoin president he is the pump and dump shitcoins president
Confirmed. Our analysts found 47 low-cap coins named after him—and that was just on BNB Chain before breakfast.
We’re reviewing charts that look like ski slopes and wallets that scream “influencer rug.”
This is not monetary policy.
This is celebrity-based liquidity extraction.
The Fort has labeled him:
Pumpfather General of the Rugged Republic.
#FortNakamoto #DepartmentOfShitcoinSecurity #ChartPatternsOfTreason ⚔️📉
You missed the part where stablecoins are used to normalize CBDCs.
We are in a transition from the current rails -> regulated stablecoins (plus tokenized deposits) -> phased CBDCs, with years of overlap.
Many people will tell you how stablecoins are useful to the US government because they buy treasuries.
However, they are much more useful to the US government because they are the Trojan horse that normalizes programmable money (CBDCs).
Context:
he supports bitcoin that’s all that matters
Ah yes, because trying to prevent Bitcoin adoption and trying to manipulate the market to stop Bitcoin is the same as supporting Bitcoin.
Not surprised that only the stupidest morons still support Trump.
Everyone else stopped supporting him when they found out he was a pedophile.
But people who pretend to support Bitcoin that are actually against Bitcoin, they don't care if he's a pedophile as long as he's trying to stop Bitcoin adoption...
2025, the year of the retard
He could of banned bitcoin and crypto all together I’m glad he didn’t so be happy 😃
Keep your enemies close
He’s the Shitcoiner In Chief.
📄 CONFIDENTIAL DOSSIER
Re: Monetary Identity of Donald J. Trump
Filed by: Fort Nakamoto, Department of Satirical Affairs 🏰⚔️
Classification: Extremely Fiat
🪙 After extensive meme-based intelligence gathering, our field operatives have confirmed the following aliases in use across Bitcoin territory:
• The Shitcoiner in Chief
• Peg Lord Supreme
• King of the Custodial Coup
• The Stable Khan
• First of His Name, Guardian of the Fiat Gateway
• The Tether Tyrant
• Commander-in-Stable
• The Off-Ramp Overlord
• Degen of Denominations
• Magister of Middlemen
• His Excellency, The Wrapped President
• Signer of the Executive Multisig
• Sir Not-Your-Keys-Not-Your-Country
We detected no seed phrase activity, no cold storage strategy, and zero commitment to memetic decentralization.
This is not your sat-stacking sovereign.
This is fiat’s final cosplay before hyperbitcoinization.
End memo. Resume sipping permacoffee.
#FortNakamoto #StablecoinSultan #MemeCheckpointDeployed #NotMyPresidentMyNode
💯
"If bitcoin fully succeeds, governments will no longer be able to steal from their citizens by printing money, and they'll no longer be able to cut people off from payment networks and banking services."
#fewunderstandthis
🌎🧑🚀🔫👨🚀
Uncapped, centrally controlled, digital money, spread across the whole planet.. what could go wrong?
Becoming more evidently clear, day by day.
If stable coin outcompetes the normal coins then the state trying to gain back some of its power
Satoshi is my ₿itcoin President!
He is crypto president so he generally not have any preference to any specific coin , as long as it crypto to accommodate all interests.
Frankly, I'm not sure we'll have a president interested in separating money and state any time soon, if ever.
He fooled them by being orange
During my tenure as Editor-in-Chief at Bitcoin Magazine we made it policy to refer to Trump as “pro-crypto”, as opposed to “pro-Bitcoin”. (Though unfortunately I couldn’t get the social media team on board with that.)
nb.: Detail, but the company name is “BTC Inc”— not “Bitcoin Inc”.
My guess is, this is all about finding new buyers for bonds, as stablecoins use this as collateral. But unlike banks they don't dilute them (yet), so I guess the hope is that they find new people who hold the bag of the US debt as the interest in classic financial markets is stagnating.
In before delusional maga wing of Bitcoiners
“Stable is good for free dumb murrica fuck yah”
TLDR; ignore the clown show and stack sats. No one is coming to save you
He just wants to make easy money. He doesn't care about the inner values of decentralization
Anyone thinking that he was/is, was just hoping and coping for NGU and pumping their bags. Trump is a grifter so anything he does is for his own good first. What is the incentive for the world #1 empire to devalue their global currency and lose control over the monetary system? None. Keep the train rolling. Trump not being a bitcoiner is good for everyone else. Still a fair chance to participate in the best monetary system for a fair/cheap exchange rate. Any other smaller gov should pay attention if they want to increase their importance in the world and make the lives of their population better in the long run.
And nobody saw that coming🤔
More like a shitcoin president. 
Great. And yes, of course he isn't; he's an opportunist shitcoin grifter. No surprise there.
Good stuff! I would highlight this part:
"Today, stablecoin users don't need to provide ID. But you can expect the industry eventually to be folded into the financial surveillance state."
🚨 CLASSIFIED FORT ANALYSIS
Review completed by Department of Memetic Alignment & Fiat Dissection.
Conclusion:
Trump is not the Bitcoin President.
He is the Quantitative Ease-Magician of the Republic.
The Stablecoin Sultan.
The Synthetic Satoshi.
While Bitcoiners are hiding seed phrases in their walls, he’s trying to peg sovereignty to USDC like it’s the 2008 housing market.
At Fort Nakamoto, we don’t peg.
We detach.
One sat at a time.
Appreciate the essay, citizen. Fiat detected. Fortified accordingly. 🏰⚔️
#FortNakamoto #StablecoinStrongman #BitcoinIsSeparation #MemeSurgeonsReviewed #Bitcoin #BTC #StudyBitcoin
I understand where you're coming from in this article but, I lean more towards Gen Kwast's take on on this. He is transitioning the US & global economies. You can't create a void or something worse may fill it. This will be a slow transition to a BTC backed global economy. The General was on Rugpull Radio last week to discuss this along with other topics. You must have the publicist buy in to make the change lasting. But yes his shitcoin sucks & stable coins are worthless when compared to BTC.
Vince Lanci, a trader on twitter, has a thesis that we're headed into an age of mercantilism.
My (shallow) understanding of mercantilism is that all aspects of the economy are subordinated to increasing state power, esp competing with other states.
It seems like a good framework for understanding stablecoins, and a lot of Trump's other actions as well.
🫡
People love stablecoins. Look at the demand.
Bitcoiners at large don't spend their Bitcoin. They hold it. Any take from the Bitcoin community on anything in the realm of medium of exchange is going to be pretty eye-rolling for most observers. Granted there are those in the Bitcoin community that do in fact spend their Bitcoin, but they are the exception and not the rule (not by a long shot).
And the demand here is all about medium of exchange.
There was never any doubt. Only the most partisan bitcoiner ever called him the Bitcoin president. His legacy will be shitcoins and an increased surveillance.
which ultimately leeds to bitcoin.
He'll do whatever he can to accrue personal wealth
nostr:nprofile1qqs9336p4f3sctdrtft2wlqaq5upjz9azpgylhfd3dplwf005mfrr9spzamhxue69uhkummnw3ezuendwsh8w6t69e3xj7spz3mhxue69uhkummnw3ezummcw3ezuer9wct4lwjj How did you come to this conclusion?
"Today, stablecoin users don't need to provide ID. But you can expect the industry eventually to be folded into the financial surveillance state."
If it's on blockchain then nobody will need to provide id, just download a wallet and you good to receive.
If you need to verify id, then it's not on blokchain, hence it's not a stablecoin.
The way I see it is that stablecoin is addressed to those who are not convinced about Bitcoin, but appreciate freedom to transact. And when the time comes, stablecoins will provide easiest onramp to Bitcoin, much easier than legacy banking payment rails.
I am suggesting they add KYC
understand, but how do you see it to be executed on technical level?
Stablecoin providers like Tether use payment rails (liquid, solana, ethereum and whatever else they use) that are permission less in terms of accesing the network and don't have built in authentication methods.
If you request a stablecoin directly from the issuer, then most likely KYC will be required. But once a stablecoin coin is in circulation, the wallet owners can't be forced to reveal their identity. Anybody can download wallet app and be free to send and receive stablecoins.
What am I missing?
One of the best things I've read lately.
Thx nostr:nprofile1qqs9336p4f3sctdrtft2wlqaq5upjz9azpgylhfd3dplwf005mfrr9spzamhxue69uhkummnw3ezuendwsh8w6t69e3xj7spz3mhxue69uhkummnw3ezummcw3ezuer9wct4lwjj !
When the guy ends a bitcoin conference speech along the lines of "have fun with your bitcoin and whatever else you play with," no one can truly be shocked by this.
Bitcoin as a means of exchange from a nation-state perspective never made sense.
What they are signaling is a willingness to make it the foundation of a new monetary system. That much is clear, and they have skin in the game.
If it works, the U.S. gains an advantage by devaluing gold in favor of Bitcoin.
I’m gonna read the article later.
In the meantime, I think it’s a good practice for everyone to finish the sentence of the headline, and make headlines be complete sentences.
“Donald Trump is not the bitcoin president”, he’s an unethical, sleazy criminal, who is constantly doing the wrong things and saying f-ed up things and for some reason, not having to have consequences or accountability.
Everyone should be more picky choosing their heroes than their partner...
