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At Bitcoin 2025, Crypto Purists and The Maga Fedeful collide

The Forge Bulletin - Business - June 7, 2025
At Bitcoin 2025, Crypto Purists and The Maga Fedeful collide
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Now that Trump is in office, launching his cryptocurrency initiatives and asking for legislation that establishes regulations of digital resources (light) to appear on his desk since August, the voices of his supporters drown those of the bitcoiners who warn how the Howls Crypto’s could develop their community.

“Trying to [politicize bitcoin] It is really dangerous for everyone, because the message of what Bitcoin does … is slipped [as it becomes] This tool for the Republican Party “, says Erik Cason, author of the book Cryptosereriaty.

In a panel entitled “Bitcoiners who become states of the state”, elaborates a crow on the floor of the conference: “The aspect of supposing cock towards the political establishment here is shameful and disgusting,” he says. “You can own Bitcoin today and get out of this messed up plant designed to steal from you and redistribute that money for war and horror.”

Among the clamor of the applause, an older man gets up and pumps his fist in agreement. A man behind him slaps himself with emphasis.

Politicians “need us more than we need,” Bruce Fenton, founder and CEO of the Fintech Chainone Labs company continues. “We should refuse the meetings with them … we invented the Nerd money that cannot stop with all their tanks.”

Not only is the state dangerous as a vehicle of war, says Ley; It is also risky to align with a political party, because it could cause a reactionary backlash. The next time the Democrats take over, Cason Fears, “Bitcoin and Crypto will follow hard”.

Bitcoiner “must understand that now our political contingency and the pander for Eith Side is a huge disservice”, he keeps me after the conference. “Bitcoin is not for the right or left. It is for the bottom, not for the upper part.”

Bitcoin purists could have hoped for the vocal support of Ross Ulbricht, the operator of the form of the Silk Dark-Web Silk Road form (where users could use Bitcoin to buy drugs). Ulbricht became a symbol for the encryption he operated was not damaged by the rules of the state when he was sentenced to prison in 2015. Trump traveled He at the beginning of this year.

Ulbricht’s freedom was such a key issue for the Bitcoin community that David Bailey, CEO of BTC Inc, who organized Bitcoin 2025, ensured to communicate to Trump during the 2024 campaign as the high priority forgiven Ulbrichtt for his voting block. But Ulbricht’s appearance at the conference is paradoxical: his anti-più feeling that was sanctioned by the state itself that he wanted to bypass.

“The impression that people have is that Bitcoiner care only about money”, Ulbricht’s mother Lyn, who is waiting for the Bitcoin conference for working to free her sound, tends to me, “but many are ideal and caring.” A movement of large and small donors and activists in the communities of Bitcoin, crypt and libertarian have made his son of prison come out, he says.

When Ulbricht walks on the internship, slow and confident in a long red tie, he does not thank Trump directly (he is “grateful for having elected him”). Nor the one who Bailey for his defense, or even his mother for his tireless efforts. Heyks the public, who urges to “remain faithful to the principles”: freedom, decentralization and, underlines, unity. “It is more important than ever,” he says, while Bitcoin’s popularity spreads.

TAGS: #bitcoin#cryptocurrency#Donald Trump#JD Vance#National affairs#Politics#Silk road
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