Parade of Tools

Michael Saylor spoke at Future Investment Initiative Priority in Miami on Wednesday.  FII is a creation of Saudi Arabia's sovereign wealth fund.  Thursday Saylor spoke at CPAC, which may need a name change to Circus PAC.  Saylor said:

"Bitcoin represents the most powerful technology force for conservatism in the world."

I could find no prior talk by Saylor at CPAC, which one might expect if "conservatism" was a basic Bitcoin construct.  His website states:

"Bitcoin is a bank in cyberspace, run by incorruptible software, offering a global, affordable, simple, & secure savings account to billions of people that don’t have the option or desire to run their own hedge fund." - Michael Saylor

Bank, savings account, hedge fund?  Wow, no wonder Uncle Sam doesn't know how to regulate it.  

High tech thieves, however, know how to steal it.  The day after Saylor spoke criminals cracked Bybit, making off with $1.4 billion in Ethereum.  Forbes reported:

On February 21, 2025, Bybit experienced a significant security breach, marking one of the largest hacks in cryptocurrency history. Hackers infiltrated one of Bybit’s Ethereum (ETH) cold wallets, stealing approximately 401,347 ETH, valued at over $1.4 billion. This incident has sent shockwaves throughout the digital asset industry, underscoring persistent security vulnerabilities.

Trump II's crypto push started pre-coronation with his double meme-coin offering, $TRUMP and MELANIA.  Argentinian President Javier Milei joined in the meme-coin fun with his hawking/non-hawking of $LIBRA.  Milei appeared at CPAC, as well.  He gifted his campaign "chainsaw" to Elon Musk.

Musk told the crowd "This is the chainsaw for democracy."  Musk's Department of Greedy Executives has been hacking at democracy's limbs.  

What happens when the "smartest guys in the universe" align with our political Red Team?  The geniuses become dumber than a freshly chain-sawed stump.

Take Crypto Czar and TechGod genius David Sacks.  His recent post stated:

The deficit started when President George W. Bush gave tax cuts to the wealthy and started two wars, Iraq and Afghanistan.  It grew under President Barack Obama and his bailout of America's wealthy financial institutions from their greed and financial risk mismanagement.  Trump I cut taxes further for the super rich before pumping money to businesses and citizens in the COVID pandemic.  Biden continued Trump's COVID cash dispersal as well his deficit spending.

Trump II, the digital Caligula wants more tax cuts for the super wealthy and DOGE's job is to slash expenditures.  The newest idea of offering DOGE rebates seems silly as the overall budget is projected to remain in the RED.  If Trump II moves ahead with "stimulus checks" will they be paid in crpyto?  I can see it.... $TRUMP in every pocket... 

Lord deliver us from this parade of tools.  They have nothing to do with loving you or loving our neighbors.

Update:  Musk's DOGE cut funding for ALS research.  A Georgia Congressman told an angry townhall that a lot of the work done by CDC probationary employees "is duplicitous with AI."

The ALS Association has not offered that same line in regard to NIH grant cuts.  They want supporters to contact their Congress persons.