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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsWhat Does a Golden Statue of Trump at His Florida Golf Course Have to Do With Your Money?
https://kaitjustice.substack.com/p/golden-trump-statue-pierce-stablecoin-wlfiKait Justice
The answer leads through Brock Pierce, Jeffrey Epstein, Tether, Cantor Fitzgerald, and a stablecoin generating millions for the president's family.

It seems that a group of very rich and powerful people figured out a way to get regular Americans to hand over real dollars in exchange for digital tokens that the rich people control. The rich people invest those real dollars in government bonds that earn interest every day, and they keep all the interest for themselves while the regular people get nothing except a promise that their token is still worth a dollar. The same rich people can also freeze those tokens at any time, locking regular people out of their own money with no warning and no way to get it back.
The Trump family runs one of these operations and keeps 75 percent of the money it makes. Naturally, Trump signed the law that governs how it works. Bo Hines, who helped to write that law as Executive Director of the Crypto Council, quit and went to work for Tether, the biggest of these "token companies", just ten days later.
. . .
Now let's follow the money because all those billions in government bonds have to be kept somewhere, and that "somewhere" is a Wall Street firm called Cantor Fitzgerald. It was run for years by Howard Lutnick, the man who is now Trump's Commerce Secretary, before stepping down and turning it over to his children.
So the person helping oversee how these companies get treated by the government is the same person whose firm holds the money for the biggest one of them. Everyone in this loop is being paid by everyone else in the loop, and the same handful of people are writing the rules for one another.
Somehow everything I research seems to tie back to Epstein and sure enough, this was no different. The man who cut the ribbon on that golden statue, Brock Pierce, is one of the people who co-founded Tether, so I went looking for him in the Epstein files. And there he was, seven years ago, Pierce was backing a small crypto bank in Puerto Rico called Medici, and Jeffrey Epstein was right in the middle of it.
. . .
The Trump family runs one of these operations and keeps 75 percent of the money it makes. Naturally, Trump signed the law that governs how it works. Bo Hines, who helped to write that law as Executive Director of the Crypto Council, quit and went to work for Tether, the biggest of these "token companies", just ten days later.
. . .
Now let's follow the money because all those billions in government bonds have to be kept somewhere, and that "somewhere" is a Wall Street firm called Cantor Fitzgerald. It was run for years by Howard Lutnick, the man who is now Trump's Commerce Secretary, before stepping down and turning it over to his children.
So the person helping oversee how these companies get treated by the government is the same person whose firm holds the money for the biggest one of them. Everyone in this loop is being paid by everyone else in the loop, and the same handful of people are writing the rules for one another.
Somehow everything I research seems to tie back to Epstein and sure enough, this was no different. The man who cut the ribbon on that golden statue, Brock Pierce, is one of the people who co-founded Tether, so I went looking for him in the Epstein files. And there he was, seven years ago, Pierce was backing a small crypto bank in Puerto Rico called Medici, and Jeffrey Epstein was right in the middle of it.
. . .
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What Does a Golden Statue of Trump at His Florida Golf Course Have to Do With Your Money? (Original Post)
erronis
Tuesday
OP
Goonch
(5,859 posts)1. ;-{).....

SonOfNebanaube
(155 posts)2. tether is just to allow trading btc without incurring taxes.
erronis
(24,858 posts)3. That's what most of the new financial 'instruments' are for.
And if you don't have wads of money, don't expect to be able to get in on the party.