“Now, as fears emerge Trump’s administration is ‘dangerously’ undermining the U.S. dollar, Musk has confirmed he wants to put the U.S. Treasury on a blockchain, the technology that underpins bitcoin and other cryptocurrencies—including Musk’s pet project dogecoin.”
https://www.forbes.com/sites/digital-assets/2025/02/02/this-needs-to-stop-now-elon-musk-confirms-radical-doge-us-treasury-plan/
https://www.forbes.com/sites/digital-assets/2025/02/02/this-needs-to-stop-now-elon-musk-confirms-radical-doge-us-treasury-plan/
Comments
More money for him, more control as crypto currency is not regulated and easily manipulated.
The ego of that man is simply astonishing.
They want a monarchy.
Too many people are serfs in that system for me.
@schumer.senate.gov
@sanders.senate.gov
@warren.senate.gov
@bennet.senate.gov
@booker.senate.gov
@hakeem-jeffries.bsky.social
The best we can hope for is resistance until the next election cycle.
I mean his cabinet could 25th amendment him but Vance is owned by Thiel and that may not stop Elon at all.
It has to be the people who remove these crooks and traitors. Letting generals decide what the law really means opens the door to fascism even more than Trump has. The most that the military should do is refuse unlawful orders.
Opposite of Right is Wrong for a reason!
Harris and Walz were the leaders we deserved, and rightfully should be as they'd protect 🇺🇸 vs. destruct.
I will try anyway. That's assuming that mc cormick isn't still posting someone else's phone number as his own, like he was last week. He's dodging.
To tell them to GET RID OF MUSK NOW!
Plus, if the JCS are removed from positions (with their deputies as well for good measure), a gap opens in the chain of command for each military service, which means new orders can't be sent.
Hegseth
Adblock early Adblock often
https://www.fool.com/retirement/2..
He named one of his sons X
He owns Space X
He renamed Twitter X
And he has often mentioned DogeCoin (a small Bitcoin outfit (he doesn't own) but loves to post about it on X which causes its stock values to change radically
No one should be able to say they are surprised!
Transactions are recorded on multiple servers to make sure the amount is accurate.
And there are no regulations on it
Several people have been jailed for stealing money for themselves - including one Trump pardoned and is now a member of the Trump Coin board.
https://www.youtube.com/watch?v=SSo_EIwHSd4
Big problem is Crypto values vary day by day minute by minute.
It's a big risk on values and a bigger risk on the morald of the people running the crypto service.
#WhereIsCongress
Ban Twitter/X. Choke him & Trump off all media.
Tax & ban Starlink, Tesla, and all products and services from Musk & Trump.
RAMP IT UP.
Fight fire with an even bigger fire.
SAVE THE WORLD.
Germany can tax every imported part from the U.S. that goes into Tesla’s vehicles.
There are many ways to skin the cat.
It's not much but it's a start!
The murderous Saudi prices were Twitter’s #2 investor that allowed them to take it private.
Choke them all in their businesses.
Don't hit Americans, we don't want this.
Crush Musk, and see how long he keeps presidenting
They are on the right track, as some of their tariffs are on products from red states only. They need to apply that across the board. Other countries need to do that.
https://www.fool.com/retirement/2..
It does seem they’ve moved beyond a monetary currency and now it’s just them making up whatever shit they want and people just saying “oh he’s worth $$$$” - it does start to seem abstract.
Once they use the Treasury money to buy the worthless crypto, they dump it, they lose our money to them.
It's like if you used somebody else's money to gamble, lost it, but you owned the casino.
That said we are way out of the perimeters of normal.
The problem is that Trump has ordered that he get access to everything not classified, which is a lot of private info so nobody is stopping them.
The courts are
They knew this going in.
Kind of an 'it's easier to ask for forgiveness than permission' scenario.
They knew nobody would stop them & they are counting on the SC to let them off.
Must read from historian @timothysnyder.bsky.social
Is this the attempt to make the Treasury underpin Crypto instead of fresh air and make it legit?
https://bsky.app/profile/peark.es/post/3lhagrbfmac2u
Fake Agency
Fake American
No Transparency or Guidelines not authorized by Congress
He doesn’t have immunity
Musk needs to be tossed out. DOGE is a fake agency with no authority.
This is a hostile takeover.
Grief.
Block chain (shell game) will lead to economic hell.
Remember, Brawndo is the thirst mutilator! (it's got electrolytes!)
I expect Putin would have welcomed Trump's apparent desire to blow up NATO. Musk is an unbelievable (and dangerous) gift.
$44.2 billion for a $6 Trillion return. Looks like he is smarter that I thought.
Starve a MAGAt
Feed a Billionaire
This is unspeakable greed by oligarchs!!
If Bitcoin dropped 80%, I don't lose anything. I do gain the ability to accumulate more Bitcoin per dollar.
I'm saddened by the Bitcoin Reserve proposed
Where is this idea coming from that us Bitcoiners I decidedly waiting to sell our Bitcoin for dollars to governments?
They’re not even bothering to mask their motives anymore. 🙁
It is entirely performative, and way to for him to automate his grift.
I've been warning about this few weeks, and months.
$1.88 billion in crypto losses in 24 hours
Dow futures drop more than 450 points after Trump hits U.S. trading partners with tariffs
Orders for US products worth Billions canceled
Traiffs imposed by Canada and Mexico
Car production impacts expected within 1 week
By a nazi all strung out on horse tranquilizers. Great.
Trump is a puppet for our hostile enemies set to destroy our country.
Get rid of Kim Jon Don.
Put it on blockchain, you can steal it all in seconds.
Totally have zero understanding of this?
This is happening. I feel like I've stepped into a movie or something. Shit.
The cure is anathema to the patient, not the disease.
Do Republicans shrug and Democrats issue a strongly worded press release?
#Republicans
There’s lots of other amazing reads about what’s happening.
I love this outline of what to watch for tomorrow:
https://www.thebulwark.com/p/follow-the-money-trump-musk-market-reaction-tariffs-canada-mexico-nyse-dow-sp500-treasury?utm_campaign=post&utm_medium=web
I’m scared too 😔
#Republicans
PEACEFUL protest
Plus, I like Pluto - and I’d never make that orb needlessly suffer by slamming a useless piece of crap into it.
Fuck him to infinity and beyond!
# 202-224-2131
He wants to *rule the world*, and cryptocrap can get him there
#Oligarchy
Probably a dumb question - I don’t even play the regular stock market so very naive
Am I NUTS?
IDK, did you think a 19yr old call-sign "BigBalls" would have unrestricted, unvetted, access to the entire system?
Putin owns him
Fuck these fucking criminals
Blockchain processing is compute intensive and power hungry.
And what would the benefit be, to other than the crypto firms?
FFS Elon Musk needs to go. Now. Before he kills us all.
This is complete and utter madness.
We need to tank his precious car company! If you drive one of those things, might want to sell it before it becomes worthless. When this whole country tanks, do you really think mobs will be content with "keying"it?
Real power
He can do any damned thing he wants because Trump is too befuddled and stupid to know what is happening and even Project 2025 is not paying attention because they are eyebrow deep in their culture war
Musk, has TAKEN POWER
Wait till he starts to USE it
https://www.fool.com/retirement/2..
Looks like the Dems are unwilling to put any pressure on this administration.
What happens next?
F*ck Off Elon. You Cannot Have AMERICA. FAFO ⚡️⚡️⚡️⚡️⚡️⚡️
I was in the street yesterday with people against the ICE raids and other injustices of the Trump administration. I’m open to more of this.
Only fears now?
Anyway.
Would you invest in the stock market of a country that can't guarantee its currency?
So what are you doing about this? It would be bad enough if it were someone who had been elected to his office, but he is not even that.
YOU NEED TO ADDRESS THIS AND NOT WITH PLATITUDES.
Elon needs to be stopped.