Donald Trump’s approach to cryptocurrency claims to promote financial freedom, yet it ultimately consolidates power among the wealthy and political elites, disregarding ordinary users. Originally intended as a means for everyday individuals to escape opaque financial systems, cryptocurrency is being recalibrated to serve the interests of hedge funds and the politically privileged. Under Trump's administration, there has been a rapid deregulation of the crypto space, exemplified by the launch of the World Liberty Financial stablecoin, closely linked to Trump’s family, which coincided with the easing of regulatory scrutiny. Critics highlight the potential conflicts of interest arising from this agenda, suggesting it benefits well-connected entities while the average investor remains disadvantaged. Furthermore, there is concern over the rise of politically affiliated cryptocurrencies, which may capitalize on loyalty and influence instead of real financial empowerment. As Trump's administration claims to liberate blockchain, many argue it is reinforcing traditional power structures while the true promise of cryptocurrency to provide financial access to the underserved is overshadowed.

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