Crowning King Donald
In Part 10 of The New Feudalism, we reveal Trump's Middle East trip is a coronation masquerading as diplomacy
This is part ten of our multi-part investigation. Read Part 1 here, Part 2 here, Part 3 here, part 4 here, Part 5 here, Part 6 is here, Part 7 is here, Part 8 is here, Part 9 is here
The quids came before the quos in the run up to the first presidential foreign trip of Donald Trump’s second term and the reality showman is not disappointing in his ostentatious and brazen corruption.
As Air Force One touches down in Riyadh, Donald Trump and Elon Musk won't be conducting traditional diplomacy with their Saudi benefactors —they will be collecting tributes from their royal patrons.
For the $100 billion weapons deal and the F-35 fighter jet sales and civil nuclear technology secrets Trump will share with the Saudis, his family received 20% of American Bitcoin - a crypto mining operation that was just listed on NASDAQ with the backing of Saudi sovereign wealth funds.
Later in his trip, the UAE will hand Trump a Tower development in Dubai with the tallest swimming pool in the world in exchange for defense cooperation agreements and regulatory support. In Qatar which has gifted the president a $400 million ‘palace in the sky’ Trump will deliver natural gas deals.
The announcement for these crypto assets and property developments were all made in the lead up to the trip. They will provide him and his spawn a permanent income stream - a tax on every transaction - and alongside Elon Musk’s DOGE - complete control over American lives. There is nothing presidential or temporary happening here - Trump is being effectively coronated as King.
Unlike traditional transactional corruption, what Trump is building alongside the Kings of Saudi Arabia, UAE an Qatar is far more pernicious and permanent: A cryptocurrency monarchy where foreign royals, brutal despots from China and Russia and Silicon Valley oligarchs can flout borders, laws, and democratic oversight.
The Digital Crown Jewels
Trump's crypto empire now spans three major ventures: World Liberty Financial (75% Trump family revenue share), the $TRUMP stable coin, and American Bitcoin (20% Trump family ownership).
While they may sound like obscure crypto ventures, they are the foundations of feudal power.
World Liberty Financial serves as the royal treasury, already raising $550 million with foreign governments as primary investors. Hong Kong crypto entrepreneur Justin Sun of Binance invested $75 million—an investment that somehow managed to make an SEC fraud investigation into his market dealings evaporate.
The USD1 Stablecoin functions as the realm's sovereign currency. The coin was launched at Token2049 as a fully fledged partnership between the royal family of the United Arab Emirates and the Trump family. The stablecoin has the full backing of the UAE's sovereign wealth fund, Mubadala Investment Company's crypto arm, MGX and the Trumps receive a high percentage of every transaction fee.
MGX has already invested $2.1 billion in the stablecoin which will underpin the huge Binance exchange market, which will grow with every trade going through it. The fact that the president's family owns such a huge stake is the most lucrative incentive to support a regulatory framework supportive of crypto ever imagined. It also represents an arms length corruption vehicle to buy favor with the administration.
The UAE also uses MGX to fund another Trump family crypto venture - this one is listed on the NASDAQ as of today - it's also heavily funded by the Saudi sovereign wealth funds through a reverse merger.
American Bitcoin is a crypto mining company that handed the Trump family a 20% stake of its operations ahead of going public on Nasdaq.
The full story of how crypto and DOGE are being used to potentially create America's first digital monarchy is available to paid subscribers. Subscribe now to read how foreign monarchies are building the infrastructure of permanent authoritarian rule.
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