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Political involvement should be a requirement for citizenship

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This is how Trump’s cryptocurrency scam rips off MAGA to pay himself and his billionaire friends.

January 31, 2025 By Egberto Willies

Sorry, there was a YouTube error.

Trump’s enriching himself and his billionaires with government-backed cryptocurrency will be paid for by his MAGA base. When they get woke, they will get mad.

Trump cryptocurrency scam

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Summary

The video exposes how Donald Trump and Melania have created cryptocurrency tokens, instantly generating billions of dollars without producing anything of real value. It explains how cryptocurrency is inherently speculative and backed by hype, making it a perfect vehicle for financial scams. The narrative warns that Trump will push for the U.S. government to back cryptocurrency, effectively converting his imaginary wealth into real taxpayer dollars. This would be one of the biggest financial scams in American history, enriching Trump and his billionaire allies while leaving ordinary Americans to foot the bill.

Key Takeaways

  • Trump’s Cryptocurrency Scam: Trump and Melania’s cryptocurrencies have a market value of $6 billion despite being based on nothing tangible.
  • No Real Value: Cryptocurrency is an abstract financial instrument that exists purely through speculation, consuming massive energy but producing nothing of actual worth.
  • Government Bailout Threat: Trump wants the U.S. government to invest in cryptocurrency, using taxpayer dollars to prop up his financial scheme.
  • A Scam on Working Americans: MAGA supporters and other crypto buyers are unknowingly funding Trump’s wealth while he prepares to cash out when the bubble bursts.
  • Financial Elites Get Richer: The wealthy will continue to use crypto as a loophole for tax evasion, illicit transactions, and financial manipulation while everyday people suffer the consequences.

Progressive Perspective

Trump’s cryptocurrency con is the latest in a long line of scams where the ultra-rich exploit working Americans, using false promises and manufactured crises to extract wealth from the economy. This is capitalism—it’s financial theft disguised as innovation. If Americans don’t push back with stronger regulations and public awareness, Trump’s billionaire class will keep rigging the system, leaving taxpayers to clean up the mess while they cash in on deception.

CONTINUED...
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Filed Under: General Tagged With: billionaires, cryptocurrency, MAGA

About Egberto Willies

Egberto Willies is a political activist, author, political blogger, radio show host, business owner, software developer, web designer, and mechanical engineer in Kingwood, TX. He is an ardent Liberal that believes tolerance is essential. His favorite phrase is “political involvement should be a requirement for citizenship”. Willies is currently a contributing editor to DailyKos, OpEdNews, and several other Progressive sites. He was a frequent contributor to HuffPost Live. He won the 2nd CNN iReport Spirit Award and was the Pundit of the Week.

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