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There is nothing hidden about Donald Trump’s support for the encrypted currency. Four years ago, he said Bitcoin was a “fraud”. Now he wants to make America “the capital of encryption in the world.” To see this as a turn is to miss how Trump works. The second statement is followed naturally from the first.

On Sunday, Trump said five encrypted currencies will be included in the public federal budget. The American “Bitcoin encryption” will include Bitcoin, Ethereum and three others (Solana, Kardano and XRP) that flared up investors. Whether David Sachs, “Trump’s encryption and AI CZAR”, whose investment company was surprised at all five, she was surprised by the issue of the Securities and Exchange Committee. All that increased in value after Trump’s announcement.

A few hours later, Trump has canceled America’s chief procedure to combat money laundering-the base that the United States Shell companies must reveal its useful owner. The second step also flowed from the beginning. Last month, the Ministry of Justice’s initiative to combat a dogmocrat, which was seized by origins such as huge yachts from the few Russians who held.

The most interesting aspect of these steps, which reaches a criminals charter, is that Trump only tries to wear their clothes. This pig has no lipstick. Trump and his wife, Melania Mimikwins, launched their own. The variable ego Trump, Elon Musk, is also a heavy encryption investor. In fact, there is the slightest idea that is not cheerful in the alleged government ministry in Musk (DOGE), which shares an acronym with an encrypted currency. One of the borrowed names in Musk is “Dogefather”.

Regardless of the extent of Trump’s chaos of the procedures, the bright thread brings them together. Louis XIV from France for the first time as follows: “The state is meTrump may update this to: “The State – it is me (and I and I am (and at the present time). The planned launch of the encryption reserve is more transparent than most of them; the Federal Reserve will be a successor to investors in speculative assets without any clear use value except for criminals and the dark network. It will be a billionaire insurance hall, including the Trump family. If the value of Crypto decreases, it can The Federal Reserve is interfering and purchasing more.

It is difficult to find a general value for unknown liability liability companies. Compliance with the treasury regulations to combat money laundering involves filling short forms and signing legally. Trump claimed that the rules were “a disaster for small companies worldwide.” FT readers may suggest that there is a legal action that will hide its final ownership. I can’t think about one. It should be noted that Reuters investigation in 2017 estimated that a third of the units in the Trump towers in Florida were anonymous. She also found that Russian passports holders have invested at least $ 98.4 million in the seven luxury Florida Towers carrying the Trump brand.

It gets worse. The Musk process aims to reduce public spending by removing waste, fraud and abuse. His declared savings are not yet added to a decimal approach. But Dog’s blow to the American organizational ability is already important. Thousands of internal revenue service were also launched. If the goal of Dog is the financial competence, it will be the opposite. For each dollar in investor in tax collection, the Tax Authority produces at least five in return. Ordinary taxpayers deduct their income in the source. Musk, whose company Tesla has not paid any federal income taxes in the past three years, has not paid people to ensure the arrival of the collection day.

Washington’s scene is scattered with organizational agencies in the turmoil. But the effect of musk on the federal aviation administration deserves a special martyrdom. Without general bids, Musk’s Starlink appears to look forward to taking a FAA air traffic control system. In the absence of musk that determines waste, fraud and abuse, here is an example. Starlink’s hostile acquisition will be the abuse of power that involves a possible waste and this may be a fraud on the American taxpayer. Air passengers can be at risk.

The idea that Trump is “flood[ing] The disgusting area “is no longer logical when its actions indicate one direction. Even its foreign policy is driven by the acquisition, whether it turns the Gaza Strip to the Riviera in the Middle East, or buying Greenland or taking metal resources in Ukraine. Trump threatens the encryption step by a similar predacy on the American taxpayer – as he does the conflict of interests in musk. All this happens under America’s nose. Trump sabotages the role of the employee. The year.

Edward.luce@ft.com