Behind Trump's Cryptocurrency Dinner: A Grand Exchange of Interests

The Trump dinner, which has been preheated in the market for almost a month, finally came.

But as usual, Trump's arrival was just a formality. What's interesting is that although it was a dinner held locally in the United States, the Chinese seemed to have made dumplings for the venue, allowing Trump to feel the real crypto influence of the Chinese.

On May 22, the dinner kicked off. The choice of location was very sophisticated. It was chosen in Trump's base camp, the Trump National Golf Club on the outskirts of Washington, DC. In accordance with the high confidentiality requirements, the media was not allowed to enter the venue to ensure privacy, and live broadcasts or carrying recording equipment were strictly prohibited. However, it was probably a publicity gimmick to meet the needs of all participants to carry mobile phones.

Overall, the vast majority of them are well-known crypto people or at least crypto participants, most of whom are previously famous donors to Trump, reflecting that this dinner is actually a display of power climbing in the crypto industry.

Interestingly, according to people present at the event, about 72% of the invitees came from countries outside the United States, and most of them were Chinese, which gave Trump a little shock.

As soon as Trump left, the focus of the venue naturally focused on the number one on the coin holding list——Justin Sun. Justin Sun also gave a speech at the dinner, thanking Trump, "Thank youfor everything the Trump administration has done for our industry. Not long ago, crypto professionals were constantly oppressed, and it was impossible for us to hold such a grand event in Washington, allowing all practitioners to gather in the United States to build the crypto industry together. This is the best thing I can think of. If I can come to the United States, then everyone can come.The subsequent gathering, with a one-stop service of checking in, taking photos, and posting on social media, completely transformed the Trump dinner into the Justin Sun dinner.

And if we look deeper, Trump himself is the real winner behind the scenes. In fact, the whole event is an alternative gathering of political donation donors. It seems to revolve aroundTrump's participation in token investment is at his own risk, but in fact it is a bet on Trump. Outsiders hope to use the president to gain access to the industry, while for those inside the industry, this is a blatant political bribery and exchange of interests.

Despite this, not everyone was satisfied with the dinner. Outside the banquet, more than

From this point of view, despite the chaos in the Democratic Party, the Trump family's road to wealth will probably not stop easily. At the end of the story, Trump gained a strong vote bank and obtained crypto wealth which was a hundred times easier than real estate business; the crypto industry sat on the mainstream table and gained the recognition of institutions; the holders also became "New Money", so why not?