I have a horrible prediction. Donations from billionaires to far right parties are going to shoot up in the UK and Europe, and a lot of it will come through random third parties, "legitimate" money-mixing layers and those crypto "entrepreneurs". Musk is out there turning up at Tommy Robinson events saying things like "Violence is coming for you". Also supporting AfD and most other far right parties with any chance of grabbing power in Europe.
These parties can’t fund themselves legitimately because real businesses don’t want anything to do with their anti-immigration rhetoric, but plenty of powerful folks in the US seem more than happy to lean into a sort of techno feudalism to keep their debt-ridden, fading empire going a bit longer. Unfortunately, destabilising Europe is now part of the menu. The only reason we’re not already seeing "bitcoiners" donating way more than a million pounds to Reform is because these people want someone even more extreme than Farage leading Reform UK. Buying parties that no one else will fund is good business for Musk and friends. And all the people cheering this on because "who likes immigrants?", 'they support BTC" or "the EU is bad" will regret it later.
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For these folks, BTC and crypto are unfortunately just tools for mixing and adding some indirection between politicians and the real donors. The real financial power behind those donations is the US money printing machine. Crypto is doing some of the worst money laundering that even Big Finance, which has made money from some of the most awful stuff in the world, still will not touch, mostly because the Jamie Dimons of the world still have political ambitions of their own. IMO the economic power of bitcoiners has nothing to do with any of this, other than inflating the crypto market and making sure there is enough liquidity to keep it all going. I see no good news here, for bitcoiners or non bitcoiners. Once democratic institutions and the state violence apparatus are under their control, I can almost guarantee that the techno fascists will eventually turn against BTC holders. We will likely see many real bitcoiners having their BTC infrastructure pen tested with a wrench:


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