Vice President J.D. Vance holds bitcoin in his portfolio, so he'll be talking his book when he keynotes Obitcoin 2025 in Las Vegas. MAGA Inc. is holding a dinner fundraiser in Vegas during Obitcoin starring VP Vance. The price? $1,000,000 a plate.
Trump II, the digital Caligula, requires $500,000 more than J.D. NYT reported two weeks ago:
President Trump is speaking on Monday night at a $1.5 million-a-head fund-raiser for his MAGA Inc. super PAC at the Trump National Golf Club in Virginia. The “crypto and AI innovators” dinner is the latest in a series of high-dollar fund-raisers that MAGA Inc. has held in recent weeks.
Cryptobros and TechGods are far freer with their money than private equity underwriters (PEU). The MAGA Inc. perpetual handout would not be well received by PEU legends. PEU strategy involved giving insiders "base wealth" so they could in turn run for office/have a political appointment and keep the system humming in their favor.
The middle aged Trump boys have three crypto ventures, two family meme-coins, the USD1 stable-coin (WLF) and a new D.C. membership club selling access to the Trump cabinet. The club's name? Executive Branch.
The Legislative branch is supporting the real Executive Branch on crypto. Speakers at Obitcoin2025 include:.
A fake Eric Trump meme-coin went from $160 million to $30,000 in an instant. That should qualify for a coin obituary.
My wise friend wrote regarding Bitcoin and some of the recent go public deals (Nakamoto-KindlyMD, American Bitcoin-Gryphon Digital Mining):
I have never seen a concerted effort by so many to push so hard to make the case to buy something most people have no use for other than the fear of missing out on something no one can tell you what it is OTHER THAN it's the future.
Bitcoin and the Crypto ecosystem is just a digital Ponzi scam that promises future price gains over a dividend. The holding on forever is just the means to keep the supply off the market while they raise more money through various forms under various guises to create the flow necessary to keep price floating higher. Go back in history and read similar setups. We have raised the sophistication but not the Dupe. These little frauds Like KDLY Are like a fractional reserve system in that they multiply the potential balances to place the object of the scam. This narrative gives the visual of growth and creates the fear of missing out and justification for more legitimate companies to create a place on their balance sheet for said scam object, i.e. Bitcoin and other cryptos. How much natural demand would there be for these digital pony rides without sundry financings? Where would the natural demand come from? These are liquidity plugs to create speculation and other nefarious activities for a select inside group.Former TechGod, now Vice President J.D. Vance is plating millions for Trump's MAGA Inc. SuperPAC. That money has to come from somewhere, doesn't it? Hopefully, Babydog Justice will cover that in her presentation.
Update 5-19-25: The crypto Swiss Army Knife keeps adding applications:
Somebody has to buy our downgraded debt.
Update 6-12-25: Blue Teamer David Plouffe joined Coinbase's Global Advisory Council as two crypto/stablecoin bills advance in the House and Senate. A 401k specialist called opening up retirement accounts for crypto investments an "absolutely awful decision."
Politicians Red and Blue love PEU and their TechGod/CryptoBro brethren and increasingly, more are one.