US Crypto “Reserve” and Money-Laundering

The US Treasury buying a crypto “reserve” is money-laundering, out in the open, on behalf of a transnational criminal gang.

One of the first acts of DOGE was to fire nearly all the independent Inspector Generals who had the responsibility of ensuring that the various agencies and departments spent their allocated funds according to the laws of the United States of America.

Musk, under the guise of DOGE, has taken control of the Treasury’s payment system and stopped billions in Congressionally approved spending. An unelected immigrant has taken away the Constitutional “power of the purse” of Congress…without firing a shot! And what does the majority party that controls Congress do about having their main power taken away from them? They celebrate it as fighting fraud. Irony is officially dead.

Both Musk and Trump have had multiple private conversations with Putin over the last few years.

Hegseth, has directed the military to stop cyber-security operations against Russia.

Trump and Vance humiliated America by deriding the leader who is fighting to defend his country against an unprovoked attack from Russia. Going so far as to complain that Zelenskyy doesn’t say anything nice about Putin, and blaming Zelenskyy (in advance) for WWIII.

Crypto is a Ponzi scheme becasue it has no intrinsic value, pays no dividend, and has no profit-potential. Its price is based on the “greater fool” theory. The US Treasury is being set up as the apex fool and bag-holder (Note: the Treasury will not be allowed to sell any part of the reserve for the next 20-years!). The crypto reserve will provide the ‘off ramp’ for the crypto whales, most of whom are criminal oligarchs, and who have been getting around sanctions by conducting illegal business using Bitcoin and other $hit coins. They now have a big enough laundry machine to convert their illegal winnings into US dollars. That is what money-laundering is all about.

What we are witnessing, is the takeover of the US Treasury by a transnational criminal syndicate.

I’m still not sure if it is worth taking a ride on this money-laundering train, but if I decide to jump on, I would do it with BITO, a Bitcoin ETF.

Also, European defence contractors should do well now that NATO countries are likely to increase military spending. When I looked into buying some of these contractors, I found that they have already reached new highs in the last few weeks. The only one that is still at an old high is Airbus, EADSY. All the others are well above their 2024 highs.

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