Author: YBB Capital Researcher Zeke

1. What Doesn’t Kill Me Makes Me Stronger

“I’m Back, Bitches!” — this statement is dedicated to all the doubters and those who took pleasure in my downfall.

The first president in history to be convicted, a “tech mogul” who flirts with disaster while claiming humanity will be interfaced with brain chips and sent to Mars, along with a faction of disgruntled former allies and enemies, all make up the key players in the 60th U.S. presidential election for the Republican Party. If you start from Trump, the internal dynamics of this team seem fragile, with two core figures — Elon Musk and JD Vance — having publicly criticized his policies multiple times. Trump himself has often spoken out against Bitcoin since 2019, calling it a Ponzi scheme and a tool for money laundering.

However, as the saying goes, “All who strive for success do so for their own benefit.” Whether people or things, as long as there is a point of interest intersection, differences can be temporarily overlooked. For Trump, this is a life-and-death battle, a fight for family honor. For Musk, it’s a battle for humanity’s future. For Vance, it’s a war to defend the old American Dream and the new Silicon Valley. All the obstacles come to a head here: the Democratic Party.

Since the first ballot was cast in Pennsylvania, the balance of victory had already begun to tilt. Changing the baton, bringing out every old politician within the party’s ranks, rallying Hollywood stars, and pouring immense resources into media campaigns, the Democrats did everything they could, but they still couldn’t stop Trump’s team from winning.

On November 6, the day the voting concluded, contrary to the mainstream media’s prediction of the closest election in history and a slim Harris poll lead, the Republican Party swept the seven battleground states, finishing the battle in half a day. Trump ultimately triumphed over the Democratic onslaught with a crushing victory. One of the Republican Party’s key trump cards was the silent majority — those oppressed by illegal immigration and far-left extremism. These people don’t voice their opinions on social media, but they cast the right vote. The man with the red MAGA hat is back in the White House.

In this magnificent U.S. election, I understand each person’s motive for aligning with Trump. But why did he choose Bitcoin? A common explanation is that 13% of the U.S. population owns cryptocurrency, and Trump needs to cater to these voters. According to his own reasoning, Bitcoin can be used to pay off the 35 trillion-dollar national debt and replace gold as the new strategic reserve. The first reason seems a bit forced, while the second one sounds somewhat far-fetched. To convince myself, I’ve reviewed a large number of articles and videos from traditional financial bloggers since the 6th. My conclusion is that Bitcoin intersects with the Trump and Musk-led America in several areas: energy, opposition to the Federal Reserve, opposition to the Democratic Party, anti-big government ideology, and as a new symbol of the old American Dream.

2. Energy

The true motives of politicians are often hidden behind grandiose justifications. Let’s revisit one of the strangest aspects of Trump’s vision for Bitcoin’s future: in June of this year, Trump posted late at night on Truth Social, stating, “Bitcoin mining could be our last line of defense against CBDC… We want all the remaining Bitcoin to be made in the USA!!! This will help us dominate the energy sector.”

There are many similar statements, such as wanting all remaining Bitcoin to carry the “Made in the USA” label, and positioning America as the crypto capital. The underlying message of these remarks seems to signal unity with his base, resisting the Democratic Party’s crackdown on crypto, opposing CBDCs, and rejecting Bitcoin produced in Europe or Asia. However, when we examine these statements more closely, it’s clear that whether Bitcoin is labeled “Made in the USA” or not has little to do with the aforementioned points. Trump’s true goal lies in the development of energy, as indicated by his mention of it at the end of the sentence.

Key donors behind Trump’s campaign include CEOs from energy transmission companies like Kelcy Warren of Energy Transfer, Harold Hamm, founder of Continental Resources, Jeff Hildebrand of Hilcorp Energy, Timothy Marvin Dunn of CrownQuest Operating, and Koch Industries, America’s largest oil conglomerate. Funding from the oil industry is a major source for Trump’s reelection campaign, and the Democratic Party’s push for renewable energy has significantly hindered the development of these traditional oil sectors. Trump’s intent is to strengthen the use of fossil fuels, leveraging these energy sources to generate power, with the goal of ramping up drilling and production.

Elon Musk’s dreams of Mars are also closely tied to the energy sector. What stands in the way of reaching Mars? First, energy, followed by rocket launch costs, AI robots, and communication systems. These four aspects correspond to Musk’s ventures: Tesla electric vehicles, SpaceX, Tesla robots, and Starlink. However, the biggest obstacle to Mars immigration now has become the government, as most of the automotive donations behind the Democratic Party come from traditional carmakers like General Motors and Ford. While the Democratic Party pushes for clean energy policies and electric vehicle subsidies, these naturally exclude Tesla. The U.S. moon landing project, which was initiated during Trump’s first term, awarded a $146 million order to SpaceX. However, when Biden took office, NASA redistributed the contracts, giving SpaceX just $9.4 million while the lion’s share went to Jeff Bezos’s Blue Origin. More importantly, the Democratic administration has been putting pressure on SpaceX through environmental regulations, with absurd reasons, such as the potential for rockets to harm marine life and ecosystems.

Starlink played a crucial role in the Ukraine war, but the service fees have still not been paid. Musk, who had originally planned to shut down Starlink in Ukraine, was compelled by the Democratic Party to continue providing service.

Ultimately, Trump is Musk’s only viable choice. Energy policy and space contracts are likely to be key bargaining chips in this partnership. Besides reviving fossil fuel vehicles, everything aligns with Trump’s anti-extreme environmental policies, making the two a natural fit.

Moreover, energy plays an essential role in AI development. In my article last year, “Potential Track Preview: Decentralized AI Computing Market,” I discussed how computing power is the oil of the future. If this oil is split into two components, it’s electricity and chips, and the “tokens per dollar per watt” represent future productivity. Developing the energy industry will ensure that the U.S. remains at the forefront of AI technology, which aligns with the needs of the new Silicon Valley forces behind Vance. Therefore, Bitcoin mining is merely a smokescreen for Trump. The “Made in the USA” label and the resistance to CBDCs or foreign mining do not inherently connect. Trump may not fully understand Bitcoin, nor does he need to, as long as he knows people like it and that it consumes energy.

3. Anti-Federal Reserve

Mark Zuckerberg, once a major fan of the Democratic Party, showcased his loyalty by banning Trump’s social media accounts as soon as he left office. Trump, in return, has repeatedly vowed to imprison Zuckerberg if given the chance to serve another term. However, this blind loyalty did not lead to any compromises from the Democratic Party regarding Libra, which Zuckerberg might not have realized was essentially a declaration of war against America’s largest private bank, the Federal Reserve. Meta’s downfall saw its stock prices plummet, and the metaverse became a bubble, but compared to previous politicians, Zuckerberg was somewhat fortunate.

In history, only two presidents have attempted to challenge the Federal Reserve: Abraham Lincoln, who sought to reclaim the power of coinage, and John F. Kennedy, who wanted to issue silver-backed currency. Both of them met tragic ends. Yet, Elon Musk and Trump are still determined to challenge the Fed. During his first term, Trump openly expressed dissatisfaction with the Fed’s interest rate hikes, criticizing the Fed’s independence and his inability to influence monetary policy. In his second term, he hoped to directly fire Jerome Powell, the Fed chair. Musk, during the last crypto cycle, tried to use Bitcoin for Tesla payments, only to later claim that Bitcoin was too environmentally damaging and paused its usage. Of course, I’d rather believe the primary intent behind using Bitcoin was to challenge the U.S. dollar, and the real reason for the pause likely had nothing to do with environmental concerns.

The common thread among these three — Trump, Musk, and Bitcoin — is the mentality of “no pain, no gain.” Trump is the most audacious politician, Musk the most audacious entrepreneur, and Bitcoin the most audacious currency. Perhaps there’s nothing in this world that they aren’t willing to challenge. On November 8th, a senator posted a tweet, to which Musk responded with a