Our nation faces a profound and immediate threat from a predatory, globalist financial scheme. This is the real crisis. I am talking about cryptocurrency. My opposition is not rooted in partisan politics, but in a firm belief that we must protect the United States from this clear and present danger.
These digital tokens, propped up by nothing more than speculation and hype, are a cancer on our financial system. They are the preferred tool for illicit activity, riddled with fraud, and often mined in countries hostile to American interests. The chaos unleashed by figures like Sam Bankman-Fried, whose FTX exchange imploded in a storm of corruption and foreign entanglements, is not an outlier—it is the inevitable outcome of a system with no intrinsic value. So-called “stablecoins” are a ticking time bomb, and the entire ecosystem is a playground for market manipulation that puts the savings of everyday Americans at risk.
This is the fire that needs to be extinguished. Yet, what is the response from Washington? Political theater.
Case in point: H.R. 3573, cynically titled the “Stop TRUMP in Crypto Act.” This bill is a perfect illustration of a political establishment that is unable and unwilling to grasp the scale of the threat. It is a weak, performative gesture that tinkers around the edges of ethics for the political elite while completely ignoring the fundamental dangers that cryptocurrencies pose to the financial stability of our country.
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