Has Bitcoin Become All Right-Wing?
Bitcoin was born as a decentralized alternative to centralized banking systems — a way for individuals to hold and transfer value without government oversight or interference. Its roots lie in libertarian ideals, appealing to anyone skeptical of state power — left, right, or neither. But today, a strange new political narrative has taken shape: has Bitcoin become the darling of the right wing?
Prominent right-wing figures like Donald Trump and Canada’s Pierre Poilievre have loudly embraced Bitcoin, often tying it to populist ideas of “freedom” from government control and anti-central bank rhetoric. Trump has even begun promoting his own crypto-themed NFTs and memecoins. In the U.S. and abroad, Bitcoin is increasingly framed as a political tool by conservative movements — especially those leaning toward the radical right — to push back against what they claim are overreaches by the state and globalist institutions.
This shift raises the question: is Bitcoin inherently right-wing now?
Not necessarily. The technology itself hasn’t changed. Bitcoin’s appeal as a decentralized store of value, resistant to censorship, remains relevant across the political spectrum. For left-wing advocates, the promise of financial autonomy, transparency, and resistance to corporate banking power still aligns with broader anti-capitalist or democratic socialist goals.
The louder voices may simply be coming from the right. Crypto is still in its “Wild West” era — volatile, unregulated, and chaotic — which naturally draws in political extremes and opportunists. But the ideological battle for Bitcoin is far from over. Whether it tilts permanently toward one side may depend less on the code and more on who shows up to shape the narrative.
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Question to the Crypto Community:
Have we been deceived about the true purpose of the crypto space? For years, many have speculated about the identity of Satoshi Nakamoto—the mysterious creator of Bitcoin. What if this person (or group) was never the benevolent innovator we were led to believe? What if, instead, Bitcoin was designed as a tool for global manipulation—an elaborate scheme to consolidate power, undermine democracy, and ultimately enslave people under a new financial order? In recent years, we’ve witnessed an alarming rise of radical right-wing influence in crypto. Today, the space is overrun with scams—99% of projects are fraudulent, from ICOs and NFTs to meme coins—designed not for decentralization, but as a means to extract more fiat currency. This contradicts the original vision of Bitcoin and raises the question: Was this the plan all along? Governments and powerful institutions have increasingly entered the crypto space, not to empower people, but to guide them toward predatory schemes. Crypto, once seen as a path to financial freedom, is now being weaponized to deepen economic enslavement—driving people into debt and ensuring they remain prisoners of a collapsing system. We've also witnessed global events that suggest an orchestrated effort to dismantle democracy. An empire has recently fallen under the control of a single leader, who is dismantling institutions, plunging citizens into poverty, and pushing nations into unnecessary wars. Meanwhile, my own country is being threatened by foreign intervention—an invasion motivated by the desire to seize resources and impose control, ensuring the rich become richer while the rest suffer. Adding to the suspicion, we now know that governments hold Bitcoin reserves—not as a tool for public benefit, but as a mechanism to hoard wealth for the elite while depriving ordinary citizens of financial power. This aligns with a disturbing trend within the crypto space itself, where major influencers and public figures have been exposed as dishonest operatives with ties to hate groups, oppression movements, and extreme ideologies. Is crypto being used as a weapon to usher in a global system of authoritarianism, racism, fascism, and communism—disguised as financial innovation? Could it be that Bitcoin was never meant to liberate the people, but instead to serve as the ultimate tool for economic enslavement? Was Satoshi Nakamoto not a visionary, but a hidden world leader—one whose influence we now see on a global scale, yet whose identity remains deliberately concealed? Was Bitcoin an elaborate scheme from the very beginning—a calculated ploy to create wealth for the few while robbing the many of their freedom and democracy? What do you think? Have we all been deceived?
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Donald Trump: The Russian Asset (and Putin soyboy)
Trump was first compromised by the Russians back in the 80s. In 1984, the Russian Mafia began to use Trump real estate to launder money and it continued for decades. In 1987, the Soviet ambassador to the United Nations, Yuri Dubinin, arranged for Trump and his then-wife, Ivana, to enjoy an all-expense-paid trip to Moscow to consider possible business prospects. Only seven weeks after his trip, Trump ran full-page ads in the Boston Globe, the NYT and WaPO calling for, in effect, the dismantling of the postwar Western foreign policy alliance. The whole Trump/Russian connection started out as laundering money for the Russian mob through Trump's real estate, but evolved into something far bigger.
► In 1984, David Bogatin — a Russian mobster, convicted gasoline bootlegger, and close ally of Semion Mogilevich, a major Russian mob boss — met with Trump in Trump Tower right after it opened. Bogatin bought five condos from Trump at that meeting. Those condos were later seized by the government, which claimed they were used to launder money for the Russian mob. (NY Times, Apr 30, 1992)
► Felix Sater is a Russian-born former mobster, and former managing director of NY real estate conglomerate Bayrock Group LLC located on the 24th floor of Trump Tower. He is a convict who became a govt cooperator for the FBI and other agencies. He grew up with Michael Cohen--Trump's former "fixer" attorney. Cohen's family owned El Caribe, which was a mob hangout for the Russian Mafia in Brooklyn. Cohen had ties to Ukrainian oligarchs through his in-laws and his brother's in-laws. Felix Sater's father had ties to the Russian mob. This goes back more than 30 years.
► Trump was $4 billion in debt after his Atlantic City casinos went bankrupt. No U.S. bank would touch him. Then foreign money began flowing in through Bayrock (mentioned above). Bayrock was run by two investors: Tevfik Arif, a Kazakhstan-born former Soviet official who drew on bottomless sources of money from the former Soviet republic; and Felix Sater, a Russian-born businessman who had pleaded guilty in the 1990s to a huge stock-fraud scheme involving the Russian mafia. Bayrock partnered with Trump in 2005 and poured money into the Trump organization under the legal guise of licensing his name and property management.
► Semion Mogilevich was the brains behind the Russian Mafia. Mogilevich operatives have been using Trump real estate for decades to launder money. That means Russian Mafia operatives have been part of his fortune for years, that many of them have owned condos in Trump Towers and other properties, that they were running operations out of Trump's crown jewel. (Mogilevich's role today is unclear).
► One of the most important things that is often overlooked is that the Russia Mafia is part and parcel of Russian intelligence. Russia is a mafia state. that is not a metaphor. Putin is head of the Mafia. So the fact that they have been operating out of the home of the president of the United States is deeply disturbing.
► From Craig Unger's AMA: "Early on, a source told me that all this was tied to Semion Mogilevich, the powerful Russian mobster. I had never even heard of him, but I immediately went to a database that listed the owners of all properties in NY state and looked up all the Trump properties. Every time I found a Russian sounding name, I would Google, and add Mogilevich. When you do investigative reporting, you anticipate drilling a number of dry holes, but almost everyone I googled turned out to be a Russian mobster. Again and again. If you know New York you don't expect Trump Tower to be a high crime neighborhood, but there were far too many Russian mobsters in Trump properties for it to be a coincidence."
► So many Russians bought Trump apartments at his developments in Florida that the area became known as Little Moscow. The developers of two of his hotels were Russians with significant links to the Russian mob. The late leader of that mob in the United States, Vyacheslav Kirillovich Ivankov, was living at Trump Tower.
► According to a Bloomberg investigation (March 16, 2017) into Trump World Tower, “a third of units sold on floors 76 through 83 by 2004 involved people or limited liability companies connected to Russia and neighboring states.”
► In July 2008, the height of the recession, Donald Trump sold a mansion in Palm Beach for $95 million to Dmitry Rybolovlev, a Russian oligarch. Trump had purchased it four years earlier for $41.35 million. The sale price was nearly $54 million more than Trump had paid for the property. Again, this was the height of the recession when all other property had plummeted in value.
► In 2013, Federal agents busted an “ultraexclusive, high-stakes, illegal poker ring” run by Russian gangsters out of Trump Tower. In addition to card games, they operated illegal gambling websites, ran a global sports book and laundered more than $100 million. A condo directly below one owned by Trump reportedly served as HQ for a “sophisticated money-laundering scheme” connected to Semion Mogilevich.
► Rudy Giuliani famously prosecuted the Italian mob while he was a federal prosecutor, yet the Russian mob was allowed to thrive under his tenure in the Southern District and Mayor. And now he's deeply entwined in the business of Trump and Russian oligarchs. Giuiani appointed Semyon Kislin to the NYC Economic Development Council in 1990, and the FBI described Kislin as having ties tot he Russian mob. Of course, it made good political sense for Giuliani to get headlines for smashing the Italian mob.
► A lot of Republicans in Washington are implicated. Boatloads of Russian money went to the GOP--often in legal ways. The NRA got as much as $70M from Russia, then funneled it to the GOP. The Republican Senatorial Campaign Committee lead by McConnel got millions from Leonard Blavatnik. In the 90s, the Russians began sending money to top GOP leaders, like Speaker of the House Tom Delay. Unger's book alleges that most of the GOP leadership has been compromised by RU money.
► At the Cityscape USA’s Bridging US and the Emerging Real Estate Markets Conference held in Manhattan, on September 9, 10, and 11, 2008, Trump Jr. was frank about the tide of Russian money supporting the family business, saying "...And in terms of high-end product influx into the US, Russians make up a pretty disproportionate cross-section of a lot of our assets."
► Eric Trump told James Dodson, a golf reporter, in 2014 that the Trump Organization was able to expand during the financial crisis because “We don’t rely on American banks. We have all the funding we need out of Russia.”
Outcomes that show Trump is taking orders (or cues) from Putin:
► At the end of 2018, Putin and his allies started making a strong push for a resolution that would justify their country’s 1979 invasion of Afghanistan and reverse an 1989 vote backed by Mikhail Gorbachev that condemned it. The Putinists’ goal was to pass the resolution by Feb. There is no one on this side of the Atlantic who thinks the USSR was justified in invading Afghanistan. And out of nowhere, on January 2nd, Trump came out strongly supporting Russia's 1979 invasion of Afghanistan.
► Trump went against American intelligence on North Korean missiles. He told the FBI he didn't believe their intelligence because Putin told him otherwise. "I don't care, I believe Putin"
► Trump met in secret with Putin the G20 summit in November 2018, without note takers. 19 days later, he announced a withdrawal from Syria. As a note, Trump conducted FIVE completely private meetings and conferences with Putin, and has gone to great lengths to prevent literally anyone, even people in his administration, from learning what was discussed.
► He has denounced his own intelligence agencies in a press conference with Putin on election meddling - and publicly endorsed Putin's version of events. .
► Trump pulled out of the INF treaty with no explanation, which allows Putin to create long-range hypersonic missiles that threaten Europe with impunity. The US already has all the weaponry that the INF would ban the development of, so this offers us literally nothing, while allowing Russia to develop powerful new weapons to challenge our allies.
► After calls with Putin, Trump keeps trying to reduce America’s military readiness. In the last administration, this meant cancelling the digital catapult systems on aircraft carriers in favote of steam systems. In the current administration, after chatting with Putin he wanted to halve the US defense budget and promote Russia back into the G7
► And of course, Trump continues to threaten to pull out of NATO, a move so catastrophically stupid, so inconceivably cosmically myopic, I truly can't express the profundity of the idiocy. Suffice to say, pulling out of NATO would be like the only guy in a prison yard with a shotgun just throwing it over the fence for absolutely no reason, suddenly giving the people with crude homemade shivs complete power.
► In summation: Trump was in debt and the Russians cultivated him as an unwitting asset.
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Combination of Different FIATS Make World Inflation?
Just a question would the combination of various FIAT currencies in the world make up the total inflation that every country is facing. More less through the printing of money. Such as using example the US dollar as still somewhat as the dominate player still. As well China. As China has country of the economy with selling of goods to most of the countries of the world. Which are times done in China money for some business transactions. Also China does print lots of currency to keep things running on their side. China does have a big grip of the world, so would that also have influence on the inflation going on? Not just the USA money. More less its all the combination of USA< China and also the national currencies each country uses for their part. As the inflation works hand in hand between so many currencies. As the countries themselves also have to print currency to keep up with the other inflation coming from international part by exports etc. Also to keep their currency in the proper spot for exporting and importing etc.
Would this be factor and not just one printing of one currency the issue of the inflation for all the countries?
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Regulations Not Working?
Do you think it is true, that right now with the governments, banks “powers that be” in attempt to Gain control of BTC and other cryptos. They are trying to put into regulations etc. Yet there are troubles to making the cryptos as “securities” With all the lawsuits “they “ try to put onto the crypto companies. Has not worked in the “favour” of the powers that be? Is this true?
Does this prove that the blockchain tech is a success?
That BTC could work as a money system for the people and help people to devalue FIAT currency?
Or am I wrong and the “powers that be” are winning and people will lose in the crypto world?
Your thoughts?
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Question on BTC and other cryptos
This is from being in Canada. I was wondering if there is a way to further invest with my BTC and other cryptos without and being in legal terms. As in ways that would not be considered a taxable event. I know crypto to fiat and doing trades now is consider taxable. Even staking?
What other ways can I further invest with my cryptos without it being a taxable event? Thanks
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Bitcoin As Legal Tender?
As there are few countries that have put BTC as legal tender? What does this mean for the system? Does this make BTC more centralized? Is making BTC legal tender a benefit? If say all the countries in the world did this? Could BTC be more controlled and centralized? Or would it stay decentralized? Is making it Legal Tender just a way to offer acceptance. As a way for the government to seem friendly and let the people have better access to their own financial means? Explain this better please?
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just figure i share thoughts on crypto world, it sure has changed in last 6 years, where it used to be the free market and we could do as we please, with trades, buying and selling crypto now its so different now
as the governments in the world have gotten involved and trying to make it harder in crypto
as in if you need to trade out to fiat ,
u have to pay taxes and lots of it Governments are cracking down on exchanges and regulations etc.
in one way it does prove crypto has value and here to stay There is more adoption going on. Slowly but it is happening,.
Do you think all this will make people to drop out of crypto and leave it to the people who have high wealth only?
Or will the average person still stay in the markets?
but its too bad that the powers that be are making it difficult
ur thoughts?
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As right now BTC is more of a store of value. The value of it is not high enough to be able to use mainstream for the global market as the money system. For all markets to be based on. Do you think that if ever there becomes more adoption, BTC would be and able to be used for mainstream like a global money? Does the tech work enough that it could handle the global market?
why or why not?
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So right now it seems the corporations want all of BTC. With Blackrock buying lots and lots of BTC. I consider this a catch 22 and a mix of good and bad. What are your thoughts on this?
Sure for anyone who hodls BTC and Blackrock buying more, value goes up. so it works for people already holding BTC. Yet it makes it harder for others not in the market yet to buy more amounts , they will have to consider buying less now if on a budget.
Is this a case of too much too soon? or do you think Blackrock a good thing? thoughts?
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Is it possible as a Canadian citizen and living in Canada. Taking my crypto and opening up a bank account etc in a crypto friendly country like Portugal that does not have tax on crypto. Is this possible loop hole in the system of bringing Crypto to FIAT? Reason I wish to do this is I have a few credit card debt I need to pay off. But want to see if anyway to avoid the tax. So I was thinking this, what if I used Portugal exchange or bank to sell out crypto into the money Portugal uses. Then take that currency and sell into CAD and avoid some taxes? Thoughts on this? Thanks
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Right now the markets are rising in our favours. Too bad the worlds markets are in FIAT. Right now i wish to pay off some credit card debts i have. All in FIAT of course and yes i know i will have to pay tax on the capital gains. Would i be making an ok choice to sell off some ETH right now to CAD to pay some debt off. as where markets are im in the position. just wondering on the tax i have to pay, would i be paying more tax then what i will be writing off in credit card debt? thanks
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Thoughts on this. Now at this time. It would be almost impossible to make a physical Bitcoin. But with advances in technology it could be possible. Maybe if you have just whole numbers of Bitcoin, eg 1 Bitcoin. i am thinking its possible into a almost like a paper note format, with bar codes etc on it. It would be centralized in physical form almost, but i think it could be possible to actually have a physical aspect that could be moved in the real world.
What are your thoughts on what a physical Bitcoin could look like and an idea on how it would work?
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Who here thinks the BRICS new world order is the wrong direction for that part of the world to move in? There really are some democracy concerns on this yet these countries are more or less selling off their freedoms of the people in the name of economy
thoughts anyone?
and yes BRICs will impact crypto as well
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Maybe Not Possible For Governments To Get Off Fiat??
Thinking that with the USA dollar as the main reserve currency, That would make it very hard for other countries to get off the USA dollar and other fiat systems if they wanted to. Such as moving to a money system that has more limited supply.
More less to drop a fiat system altogether for the international business aspect for that countries exports and imports.
There would be or could be in my opinion consequences such as a possible war break out with in some case the USA before. Now with China taking over some countries. If those countries dropped the Yuan for business, there would be serious consequences coming down from that,
For example I am in Canada. If our country here stopped the USA dollar altogether for the trade transaction between USA and Canada there be serious consequences, even if my country Canada the government dropped the Canadian dollar or any fiat system in the country and moved to a new system, like BTC or some non fiat money system on the national system. There would be very serious sequences coming back from other governments in other countries.
Would this be a case of intimidation from more dominate countries that is preventing other governments from wanting to change the financial system?
Thoughts?
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Thoughts on that Bitcoin was created by a member of China. And that once there is over 60 % adoption in the world. Someone will push a button and it will ignite to something much more powerful and controlling>? more centralized?
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With the printing of fiat money that is always in constant motion by the powers that be. As the fiat money devalues in value. The value of BTC and other cryptos goes up. So if the banks etc printing all fiat out of crazy numbers, then we should be in a guarantee of BTC going to over a million perhaps.
Does that mean we should be embracing the printing of money?
Make all our money go totally out of value, so anyone holding BTC can get good value?
Does this make sense?
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A backlash, certainly by those that are well informed will happen As for the general public that is less informed and a bit lazy/naive - it will depend on how is presented. The government giving out CBDCs and being presented as way to:
1. protect the US dollar against foreign adversaries 2. combat fraud and crime 3. Give tax incentives 4. Insure against bank failures
etc... when presented in that way and possibility with incentives, much of the general public will fall for it and not see any alternative. There will also likely be the various political presentations to appeal to both the left and the right. The problem is more than just CBDC vs BTC & Cryptos - the problem is the public is lazy and will take whatever path requires the least of them and appears to give them the most.
There will most certainly be a battle and I suspect it will last a very long time.
if you look at what happened in the USa in 1971 when Nixon took the dollar off the gold standard and go with full blown fiat, the pay off was making it legal for USA citizens own gold again, people just saw the idea to own gold a good pay off, again make forgot about how the government stole the gold from everyone back in the 1940s
The mainstream media does tell everyone that crypto is a scam and many believe that, so more less
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In the early days of crypto many of us got into this space as there was less regulation. Therefore the free market. However since crypto started, there have been many platforms that have come and gone. Many of them that left were always on bad terms. Some were not. A few platforms that are still around are on good terms still.
One of the biggest negatives so far in Crypto is what happened with FTX. It is a shame since many of these exchanges had the vision to be like the "new" banks. At least be something that people can benefit from more vs the traditional banks.
Now with all of these scams that have happened. more regulation is coming.
However the question is this. It is the Catch 22 on regulation
we need it, yet we don't need it.
Reason no rules before, free market, came lots of scams. Therefore rules are needed in this space.
However rules give the powers that be much more power and will make crypto a harder place to trade in etc.
Your thoughts, Do you think regulations are need more in crypto? should we have someone watching out more for the users of cryptos?
or would you rather see the current free for all aspect continues?
tell us below, why or why not?
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there will always have some sort of inflation the push pull for sure but that is dependent on many variables etc, at least it is possible to get rid of one form of\ inflation if the entire market place was based on a money system that had a limited supply what are your thoughts on what if the majority of the population all of a sudden sold all their fiat and put it into a crypto? like BTC, do u think the system or part of the traditional finance system see some type of impact/disruption?
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