Crypto Whales Buying Favor from Team Trump?

We're seeing a massive surge in all crypto prices this month with a lot of volatility. It is known that a number of crypto founders and investors are being placed throughout the Trump administration and in Trump-owned corporations.

The most prominent crypto whale to buy access to Trump is David Sacks, who will be Trump's new "Crypto/AI Czar". Sacks is known to hold ~$1 billion worth of SOL. Despite the fact that Solana network is centralized, the node software is buggy and crashes constantly, and all of the tokens are premined, we can safely assume that SOL will be protected from government regulations for the next 4 years. Sacks says openly that he wants SOL to replace ETH, which he'll try hard to accomplish.

Trump Secretary of Commerce Howard Lutnick is also coincidentally the custodian for Tether's "billions" worth of US Treasury bonds, via his company Cantor Fitzgerald. Lutnick's son will work directly with the crooks at Tether to "avoid conflicts of interest", but we can safely assume that Team Tether won't be getting their doors kicked down during the Trump term. This likely means that USDT printing and wash trading will continue to run rampant for 4 more years, barring any existential events.

Justin Sun bought himself a seat on World Liberty Financial's board of directors for a cool $30 million last month, and Sun's Tron token dutifully pumped 4x in the following weeks. Further USDT printing on TRX network doubtless is fueling more coin price surges as we speak. And World Liberty Financial bought $10m ETH yesterday, without a peep in the press.

There are likely many other venture capitalists who bought access to Trump, such as Andreessen/Horowitz etc., I don't have a full list. I'll be happy to know about more of them.

The question is, will these individuals play favorites with crypto projects, selectively exempting projects from regulation for which they hold bags, while persecuting competitor projects? Could favored crypto projects get government subsides or even bailouts when the inevitable crash comes?

submitted by /u/Kallen501 to r/btc
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Quelle: bitcoin-en