The Dangerous Game of Trumps in the Cryptocurrency Arena

Alireza Sarfarazi
2 Min Read
The Dangerous Game of Trumps in the Cryptocurrency Arena

The dangerous game of Trumps in the realm of cryptocurrencies

Donald Trump has unveiled his new crypto platform

He has promised to turn America into the capital of the world’s cryptocurrencies. This trend is a continuation of his activities in this field, which have peaked recently.

He spoke at a major Bitcoin event recently and a group of not-so-famous activists in this field promised financial assistance of up to a hundred million dollars, which naturally should be received in crypto. The story of Trump’s involvement in the crypto world became public a while ago.

Reporters revealed the identities of three Bitcoin and crypto enthusiasts who managed to enter Trump’s circle and seize the opportunity to talk to him. Trump, who had always despised this world and considered it a major threat to the economy and business, was lured in with promises of unlimited profits and income.

In fact, more than those three individuals were close to Donald Trump who played the most significant roles in this area, and Jiddy Vance, with businesses active in the cryptocurrency field, captivated the hearts of Trump’s sons and pleased them with substantial payments.

Finally, they also convinced their father to choose Vance for his deputy. We have not heard Trump himself talk about the true nature of the performance of this new platform. However, these two sons of his have spoken about their dangerous plans and strange schemes for the future.

They have proposed the idea of ​​starting a wide-ranging digital trading and transforming this platform into a competitor to the banking system. Eric Trump has mentioned the dangerous plan of starting digital asset swap equations on this platform, which involves trading on worthless pieces of paper and mocking their value.

This process will create an endless field of profit-seeking, and any fraud and loss of capital for the deceived investors may occur.

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Master's in Western Philosophy from Iran Master's in International Political Economy with a specialization in Sanction Design from the UK PhD candidate in Political Management and Elections