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At Bitcoin 2025, Crypto Purists and the MAGA Faithful Collide
Trump’s inner circle has taken over one of the biggest crypto conferences in the world—drowning out protests from diehard bitcoiners who believe their “nerd money” shouldn’t be political.
But underneath the patriotic decor remains a core of bitcoin holders who stand by the technology’s original ethos, which is firmly anti-state, as it was built to operate outside of governments and without centralized intermediaries. In a panel titled “Are Bitcoiners Becoming Sycophants of the State,” he elaborates to a crowd on the conference floor: “The amount of dick-sucking going on towards the political establishment here is shameful and disgusting,” he says. On the main stage, Bilal Bin Saqib, CEO of the Pakistan Crypto Council, says that his government is setting up its own strategic bitcoin reserve, inspired by the US.
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