Trump Claims Big Tech Companies Are Colluding Against Him 

Share Article

In a recent phone interview on CNBC, US President Donald Trump accused big tech companies like Amazon, Google, and Facebook of colluding with Democrats against him.

Sponsored



Sponsored

The bias in these companies’ leanings has been made relatively clear by others. Even Facebook’s own Mark Zuckerberg said that Silicon Valley is predominantly leftist. With such massive platforms, these companies are seeking to move public opinion.

Sponsored



Sponsored

Trump Takes On Centralized Tendencies

The suggestion that independent companies would work together to accomplish political aims is not that far-fetched. Trump has made it clear that he believes they’ve been against him from the start.

“People talk about collusion. The real collusion is between the Democrats and these companies because they were so against me during my election run. Everybody said if you don’t have them, you can’t win. Well I won, and I’ll win again because we’re doing well and we’re not the fools anymore.”

In an interesting twist of fate, however, it appears that the President’s accusation of centralized bias may come home to roost. The federal government has been making a number of very centralized decisions regarding financial movements in the marketplace.

For example, Trump’s threat of tariffs on Mexico for political ends sent markets tumbling last week. When asked about the trade negotiations with China and Huawei, the President made it clear that he intends to deal with the political threat with financial negotiations.

“I do see it as a threat. At the same time, it could be very well that we do something with respect to Huawei as part of our trade negotiation with China.”

What Gives?

The old adage about the pot calling the kettle black may be appropriate. The negotiating tactics that Trump has used are the same as his enemies. Collusion and financial pressures to achieve political ends are nothing new in Washington.

What’s more, the consumer is generally the final victim of such policies. As the markets respond to the complexities of trade negotiations and political intrigue, everyday investors pay the price.

Moving Away From the Center

The answer to such issues may be found in decentralization. Shifting away from the centralized platforms that link money with politics can have a profound impact on how governments function.

Bitcoin (BTC) is a decentralized ‘trustless’ payment platform that removes politics from economic systems. Bitcoin is neither Republican or Demoncrat, American or Chinese.

By decentralizing authority and connecting consumers together without external influence, Bitcoin provides a system that divests governments of financial gamesmanship. Trump may not like collusion in Silicon Valley, and big tech may not like Trump — but everyone should be a fan of Bitcoin.

Do you think Bitcoin is the answer to deal with the political and financial intrigues facing markets today? Will politicians find a way to manipulate Bitcoin just the same? Let us know your thoughts in the comments below!

Disclaimer

All the information contained on our website is published in good faith and for general information purposes only. Any action the reader takes upon the information found on our website is strictly at their own risk.
Sponsored
Share Article

With a background in science and writing, Jon's cryptophile days started in 2011 when he first heard about Bitcoin. Since then he's been learning, investing, and writing about cryptocurrencies and blockchain technology for some of the biggest publications and ICOs in the industry. After a brief stint in India, he and his family live in southern CA.

Follow Author

Market signals, studies and analysis! Join our Telegram Today!

Go

Market signals, studies and analysis! Join our Telegram Today!

Go

Market signals, studies and analysis! Join our Telegram Today!

Go