The Powell House Press

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$TRUMP Coin Con: How to Bribe a President

Most of us don’t understand Bitcoin, Meme Coins or Crypto. When you do you see that what President Trump is doing is a national security risk of historic and epic proportions.

Joshua Powell's avatar
Joshua Powell
Jul 05, 2026
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A couple of days ago, when I was writing about Trump and his grifting family, it was staggering how much money they made off of “crypto.” And to be honest, when a reader asked me what Bitcoin was and how it differs from meme coins, I had no idea. To be more honest: I didn’t really understand Bitcoin. I asked a few friends, and they, like me, knew the terms. They knew people made money (many more lose). None of us actually knew what crypto was, how it was valued, how it worked, or just how the Trumps made billions.

So I spent a good portion of the past three days boning up on these “terms” and just how the Trumps made billions. It’s worth knowing about because, when you actually know, you see that the Trumps did not “make” money; they were paid off. Let’s start with what crypto is.

Cryptocurrency is digital money with no bank behind it. No government either. Bitcoin, the first and biggest, appeared in 2009, invented by someone using the name Satoshi Nakamoto. Nobody knows who that is. Se…

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