Well. In 2024 Large Parts of Crypto X Traded Principles for Authoritarian Power and Lies.
This is exactly why the reaction of large parts of crypto X to Donald Trump is not just hypocritical, but structurally revealing.
The same average crypto user who never understood blockchain fundamentals, who entered through charts instead of principles, and who mistakes confidence for competence, also redefined sovereignty to mean “whoever promises me protection or upside”.
Sovereignty was never about limiting power in his mind. It was about aligning with power when it feels profitable.
Financial illiteracy research explains this pattern well. Low literacy correlates with overconfidence, preference for simple narratives, and attraction to strong figures who promise control in complex systems.
That dynamic does not stop at markets. It carries directly into politics. When you do not understand systems, you can't research truth, you are not able to detect lies and propaganda.... you outsource judgment to personalities.
In crypto, that is influencers. In politics, that is strongmen.
Supporting Trump in the name of sovereignty exposes that contradiction brutally.
You cannot claim to oppose arbitrary authority while cheering for authoritarian state force when it targets your perceived enemies or aligns with your bags.
You cannot claim decentralisation while celebrating centralised power exercised without restraint. That is simply selective principle abandonment.
X rewards the same behavior in politics that it rewards in crypto.
Certainty over truth.
Aggression over nuance.
Identity over coherence.
The crypto degen who follows every dream seller is the same actor who supports any political figure willing to project dominance.
The pattern is identical. Different arena. Same incentives.
Crypto was meant to reduce reliance on trust in powerful actors.
What happened instead is that many replaced trustless systems with blind faith. Not in protocols, but in people, in influencers, in presidents, in billionaires.
A reckoning is necessary, not because people voted a certain way, but because they claimed values they clearly do not hold.
If sovereignty only matters when it pumps your worldview, then it was just branding.
Crypto needs intellectual honesty.
Without financial literacy, ethical consistency, and a basic understanding of power, the word sovereignty becomes empty noise.
And empty noise is exactly what crypto X has learned to monetise best.
Every fucking single day.
