Trump once again enters the White House, ushering in a new era of encryption chaos

Author: Minn, Shenchao TechFlow

Chaos is the ladder, and Trump is the climber.

On January 20, with the solemn inauguration ceremony, the 47th US President Donald Trump officially entered the White House for the second time.

The only people paying more attention to this ceremony than the American people are the cryptocurrency investors in front of the screen. They are looking forward to Trump's views on cryptocurrency and are eager to find the perspective of Memecoin and capture the wealth code from just a few words.

On the eve of entering the White House, the Trump family showed amazing influence in the cryptocurrency market. The total market value of $TRUMP, the Memecoin issued by Trump himself, once exceeded 70 billion US dollars. The highest market value of $MELANIA, issued by his wife, was close to 14 billion US dollars. Dollar.

This power couple's "currency harvest" has become a warm-up drama before their return to the political stage.

However, to everyone’s disappointment, Trump did not mention cryptocurrencies in his inauguration speech, causing the crypto market to fall.

What is certain is that in the next four years, with Trump’s return, the crypto world is bound to usher in unprecedented chaos and opportunities, entering a new era of chaos.

**The Trump family issues currency, moving from real estate to

digitalization**

tt, founder of y2z Ventures, once expressed a point of view in a live broadcast in 2021, " Musk was not so middle-class before. He should have been influenced by another person who was even more middle-class. This person is Trump. Use your actions to tell people all over the world that you just have to do what you want to do, and you don’t have to worry about what others think.”

The President of the United States issued Memecoin, and only Trump can do this.

In addition to Trump and his wife’s Meme coins $TRUMP and $MELANIA, which have attracted tens of billions of dollars, the official token sales of the encryption project World Liberty Financial (WLFI) previously run by his son also took advantage of this spring breeze to complete all sales, raising 3 billion dollars.

After the sale, WLFI stated on social platforms that it had completed the task and sold 20% of the token supply. Due to the huge demand and high attention, it decided to open an additional 5% of the token supply and increase the price from The original 0.015 was adjusted to 0.05.

Do you want Trump family coins? There's a bunch more waiting for you after that.

This straightforward "harvesting" intention may make the old foxes on Wall Street dumbfounded. When the Democratic Party is still emphasizing political correctness, the new president Trump does not engage in packaging, but nakedly tears off the warm veil of capitalism and declares to the world: " This is a wealth game. I am in Taiwan. " In front of you, you are in the audience.”

This kind of almost "shameless" frankness makes people laugh or cry.

Even former Global Times editor-in-chief Hu Xijin said: "Capitalism! It turns out that the presidency can be monetized in this way! Trump really opened my eyes as a person living in a socialist country."

However, there seems to be a concept that needs to be clarified here. It is not Trump who is issuing coins, but the Trump family. According to people familiar with the matter, all token issuance is led by the Trump children and is supplemented by a team of advisors. .

Since Trump’s grandfather set foot in the United States from Germany, it has taken the Trump family more than 100 years and three generations of hard work, from restaurants to real estate, to accumulate wealth to US$6.5 billion, and now they only rely on their influence to use cryptocurrency to monetize , the Trump family has taken their wealth level to another level.

This also represents the transformation of the fourth generation of the Trump family, from real estate to digitalization.

Looking back at the development history of the United States, starting from the original 13 states, it continued to expand through wars and land purchases. It purchased land from France, Mexico, and Russia, and laid the foundation of the country by acquiring land space.

Michael Saylor, founder of MicroStrategy, a listed company that holds 400,000 Bitcoins, believes that the era of land space is over and we have entered the era of cyberspace.

In this cyberspace dominated by Internet currency, controlling cyberspace is equivalent to controlling the new world, and Bitcoin is the most important currency in this space.

The Trump family is rebuilding the new Trump Tower (TRUMP TOWER) in cyberspace.

Trump is a double-edged sword

Trump’s issuance of coins has also caused disagreements within the cryptocurrency industry.

Andrei Grachev, partner at DWF Labs, tweeted: Trump is doing the best marketing for the cryptocurrency market.

In the short and medium term, the entry of the Trump family does bring new vitality to cryptocurrencies.

Under his call, a large number of new people poured in with money and became a new force, injecting huge liquidity into the market.

His openly friendly policy attitude has also made entrepreneurs and institutional investors ecstatic, and the United States has become a hot spot for the booming development of cryptocurrency.

However, beneath the surface prosperity, there is also a time bomb buried.

Trump’s currency issuance behavior is like a sharp knife, directly piercing the carefully woven utopian veil of the cryptocurrency world.

When a former U.S. president can easily turn cryptocurrency into a family financing tool, when influence can be so nakedly transformed into a means of wealth plunder, the cryptocurrency industry has worked hard over the past few years to "decentralize" and "democratize finance." The fragile consensus is crumbling.

The emergence of Trump has told the world in the most straightforward way: Cryptocurrency is a tool that allows celebrities to quickly monetize their personal influence.

Historical experience has repeatedly told us one thing: ICO (financing) is the first priority of cryptocurrency.

This transformation is quite ironic: Bitcoin was born after the 2008 financial crisis, and its original intention was to fight against the financial monopoly of Wall Street elites and political powerful. But now, this anti-establishment tool has become a sought-after asset on Wall Street and the best weapon for Trump, the political strongman, to play with money and expand his influence.

Bitcoin Magazine, the organizer of the Bitcoin Conference that once endorsed Trump, bluntly stated on social platforms that TRUMP is a shitcoin.

Ryan Selkis, a die-hard Trump fan and founder of Messari, tweeted calling on Trump to fire the relevant personnel who launched the Melania project, believing that this project did not take Trump's interests into consideration and could cause significant economic losses and damage to goodwill.

Rewrite the rules of the game

Trump is a ruthless person who does not follow common sense. In his world, nothing is impossible.

Whether he is threatening to buy Greenland, clamoring for annexation of Canada, or even regaining the Panama Canal, this "table-turning president" will certainly not stick to the rules in the currency circle.

Under the slogans of "America First" and "Make America Great Again", Trump's cryptocurrency policy seems to be summed up as "American Coin First". Projects with American genes such as XRP, Solana, Sui, HBAR, etc. are enjoying unprecedented development opportunities.

This kind of differential treatment is likely to last throughout the Trump administration. The US dollar stable currency will become a digital extension of the US dollar. More and more cryptocurrency entrepreneurs will choose to come to the United States and issue tokens in the United States, which is more pure.

In the future, everything Trump says and does will affect the encryption market, and everyone has to live under the influence of "Trump's gravity."

This change is so drastic that it may completely invalidate the industry experience accumulated by some practitioners in the past few years. Both practitioners and investors need to use a new set of logic to deal with the future world.

So, can it be said that Trump and the United States have controlled Bitcoin?

My answer is, no.

Trump may be able to temporarily alter Bitcoin’s price trajectory in the same way that the sun’s gravity affects the movements of the planets. But Bitcoin, like those interstellar Voyager probes that can break through the gravity of the solar system, will eventually break away from the shackles of any single force and continue its decentralized and depoliticized evolutionary path: it does not belong to Trump, nor does it belong to Trump. Belongs to any politician.

As Littlefinger said in Game of Thrones: "Chaos is the ladder." When old rules are broken and benefits are redistributed, an era full of uncertainty also gives birth to new possibilities.

At this crossroads, some people will lose their vested interests, while others will seize the historical opportunity and complete overtaking in corners.

In this upcoming era, adaptability will become the most valuable ability, uncertainty will become the norm, and the only certainty is: opportunities will always belong to those who can discern opportunities in chaos and have the courage to embrace change.