
You think you've seen it all, right? Another day, another Trump headline. But this isn’t your ordinary, run-of-the-mill scandal. It’s a shortsighted and self-serving action that deliberately erodes the very pillars of our democracy and exacerbates the climate emergency. And quite frankly, it ought to make your blood boil.
1. Meme Coins, Real-World Corruption
Let's be clear: Trump's foray into crypto isn't some harmless hobby. The $TRUMP meme coin may seem like an internet joke, but it’s a gateway to corruption. Providing dinner in person with the man himself as a fun experience for the top 220 holders. That’s not only tacky, that’s a clear quid pro quo of access for cash. It's like a modern-day version of selling indulgences, only instead of forgiving sins, you're buying influence.
Not you, that's for sure. This is how Trump and his cronies are cashing in—and they’re doing it big time. In the process, the rest of us are left footing the bill.
2. World Liberty: Trump's Crypto Empire
The rabbit hole goes deeper. In reality, the Trump-affiliated company only has a 60% stake in World Liberty Financial. No more infantile meme coin this time around though — he’s aiming for the crypto pantheon. But they don’t just trade crypto, they issue stablecoins and, long story short, they own the whole f***ing game.
What happens in a case where the ex-president personally benefits from the success of a booming market. What does this mean for an ecosystem that’s almost entirely self-regulated? What you end up with are policies that serve him, not the public. It's a recipe for disaster.
3. Buying Influence, Selling Out Democracy
Remember when Trump called for stablecoin legislation? Coincidence? I think not. It's a clear example of using his political influence to create a 'crypto-friendly environment' that conveniently lines his pockets.
Think about this: What if a president owned a major defense contractor and then pushed for increased military spending? You'd be outraged, right? This is no different. It’s a hard, blatant, obvious conflict of interest that makes Americans question the trust in our institutions.
Under Trump, crypto investigations are paused, a crypto crime team is disbanded, and a crypto advocate is appointed as chairman. Sounds like a cover-up, doesn't it?
4. Crypto Mining: Fueling Climate Chaos
Okay, let's talk about the environmental elephant in the room: crypto mining. And it’s more than just fringe digital coins like bitcoin, it’s about evoking the catastrophic energy consumption.
Imagine if you will, the amount of energy that Bitcoin mining alone uses — the equivalent of 159 countries. And where does that energy come from? Many times, it’s from reactivated coal plants and collusion with Big Oil and Gas. For one, it is a major step in the wrong direction in the fight against climate change.
- Energy Consumption: Rivals countries' usage.
- Fossil Fuel Ties: Reviving coal plants, partnering with Big Oil.
- Resource Depletion: Massive water usage, toxic e-waste.
It is not even limited to the carbon footprint. Crypto mining gobbles up huge amounts of water for cooling and the rapidly obsolete equipment generates mountains of toxic e-waste. It’s an environmental disaster and for the moment, Trump is the one pushing the gas pedal.
5. Billionaire Agenda: Power, Greed, Destruction
Let's not kid ourselves: This isn't about innovation or financial freedom. Featured agenda to further enrich billionaires. Unfortunately, it does so at the planet’s and public’s expense. Food & Water Watch gets it right: it's about the growing destructive power of the most powerful economic interests.
Assuming that Trump’s national crypto strategy constitutes the entire scheme or effort at play would be incomplete. It’s the end result of a broken system that puts profit before people’s health and the environment. It’s a blatant disregard for the future.
Don't let Trump get away with this. For the sake of our democracy and our planet, we can’t let that happen. Let's fight back!
- Contact Your Elected Officials: Demand they hold Trump accountable for his crypto dealings and push for stricter regulations.
- Support Environmental Organizations: Donate to groups fighting against the environmental impact of crypto mining.
- Divest From Crypto: If you're invested in crypto, consider divesting and supporting more sustainable investments.
- Spread Awareness: Share this article and talk to your friends and family about the dangers of Trump's crypto scheme.
Don't let Trump get away with this. Our democracy and our planet are at stake. Let's fight back!

Nguyen Thi Hanh
Cryptocurrency Writer
Nguyen Thi Hanh channels progressive, pragmatic views into high-energy, approachable crypto journalism, delivering confident, animated articles with regional and global relevance. Her optimistic, party-going spirit helps translate complex blockchain ideas into viral, visually engaging stories. Outside of writing, she enjoys urban food adventures and organizing community hackathons.