Elon Musk’s ‘Musk Bucks’ Coup: How Democrats Are Helping MAGA Billionaires Take Over Our Money

Democrats who thought the 2024 election was the worst-case scenario are in for a rude awakening. The real nightmare is unfolding right now in the U.S. Senate, where a handful of industry-funded Democrats are helping Trump’s crypto cronies ram through the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act—a bill that hands financial control to tech oligarchs like Elon Musk. If passed, it will create a MAGA-approved digital dollar controlled by billionaires, effectively exiling anyone who doesn’t conform to their fascist vision.

This isn’t a theory. It’s happening. And the Democratic co-conspirators are cashing in while progressives get steamrolled.

How the MAGA Crypto Coup Was Bought and Paid For

The crypto industry spent half of all corporate donations in 2024’s elections, and now they’re demanding payback. Enter Sen. Kirsten Gillibrand (D-NY), who has worked tirelessly to push pro-crypto legislation, stuffing her war chest with millions from crypto PACs. Gillibrand, now heading the Democratic Senatorial Campaign Committee (DSCC), is leading a bipartisan betrayal by helping Republicans push the GENIUS Act—ensuring that Musk, Trump, and their billionaire allies can create their own shadow financial system.

Consumer advocates, financial watchdogs, and even some crypto-friendly regulators are sounding the alarm, warning that this bill would strip away financial security, deregulate stablecoins into oblivion, and put control of digital currency into the hands of private corporations. But for Musk, it’s the golden ticket he’s been waiting for.

Elon Musk’s Endgame: X Money as America’s New Currency

For years, Musk has been quietly setting up his financial empire. First, he hijacked Twitter and rebranded it as X. Now, with X Money, he’s poised to create a private currency that will replace real money—one that’s free from oversight, accountability, or democratic control. The GENIUS Act removes the last remaining guardrails preventing Big Tech from minting their own digital dollars, allowing Musk to set up a financial system that operates outside of U.S. law.

This is no different than what authoritarian regimes have done throughout history—a financial dictatorship where the rich make the rules and everyone else suffers. If Musk controls the money, he controls who can buy, sell, and even participate in the economy. Imagine an America where your ability to make a transaction depends on your political beliefs, where progressives are locked out while MAGA loyalists flourish. That’s where we’re heading.

Stablecoins: The Trojan Horse for Financial Tyranny

Stablecoins—digital assets pegged to the U.S. dollar—are being marketed as “safe” alternatives to traditional money. In reality, they are unregulated, uninsured, and prone to collapse. A study by the Bank for International Settlements found that every single stablecoin has lost its peg at some point, meaning customers could wake up one morning and find their savings worthless.

Yet the GENIUS Act hands regulation of stablecoins to the very corporations that profit from them, ensuring that tech billionaires will have more power over your finances than the federal government. Worse, the bill allows non-financial companies to issue their own stablecoins, resurrecting Facebook’s failed Libra project and giving Musk the opportunity to make X Money the dominant currency of the internet.

The Democrats Who Sold Out

Gillibrand isn’t alone in this betrayal. Several Senate Democrats, including Ruben Gallego (D-AZ), Elissa Slotkin (D-MI), and Adam Schiff (D-CA), took millions from crypto PACs during their 2024 campaigns. Now, they’re staying quiet while the GOP rams through a bill that paves the way for Musk and Trump to rig the financial system in their favor.

Even Senate Banking Committee members like Mark Warner (D-VA) and Angela Alsobrooks (D-MD) have expressed interest in the bill, despite knowing it will accelerate financial apartheid—creating two separate economies: one for MAGA billionaires and one for everyone else.

Trump’s Strategic Crypto Reserve: A Front for Corruption

The GENIUS Act isn’t just about stablecoins. It’s part of a much bigger Trump-Musk agenda to dismantle financial regulation and turn the economy into their personal casino. Earlier this month, Trump announced a Strategic Crypto Reserve, a government-backed crypto investment scheme that conveniently mirrors the holdings of Bitwise—a startup backed by Trump’s handpicked crypto czar, David Sacks.

This isn’t free-market innovation. It’s blatant market manipulation, designed to enrich insiders and leave ordinary people holding the bag. Yet Democrats are willfully ignoring the warning signs, choosing instead to align with billionaires who are openly rigging the game.

We Must Stop This Financial Coup—NOW

The GENIUS Act is nothing short of economic warfare against progressives. If it passes, Musk Bucks will become the de facto currency of America, and anyone who refuses to play by the MAGA rulebook will be economically erased.

We cannot afford to let Democrats cave on this. We must call, email, and protest every senator backing this bill. We must demand that progressives reject Musk’s digital coup and stand up for a fair, regulated financial system that serves the people—not the billionaires.

📥 Download the ‘7 Steps to Protect Your Bank Accounts’ Guide NOW

Trump and Musk are playing for keeps. If you care about democracy, ACT NOW.