The Second American Revolution Will Be Digitized

“My hope is that the stablecoin market will grow or diminish on the merits of their benefits to consumers and the broader economy.”

– Christopher Waller

December 10, 2025 — We’re not sure which is more embarrassing: watching the Democratic establishment deploy lawfare and a host of luxury beliefs to try to destroy their political opponent — or watching the same crowd of pundits and media personalities scramble to salvage their reputations after it all collapsed in real time.

What we’re not embarrassed by is how the American monetary system — stubborn, self-correcting, and allergic to moral grandstanding — handed us a gift 17 years in the making.

That gift wasn’t a partisan victory. It is apolitical money: the seed of a new revolution emerging in code. Karl Marx, himself, jotting notes down in his Manuscripts of 1844, marveled at the political emancipation granted to individuals by the founding documents of the United States.

Marx’s later work, Das Kapital, sought to bring about economic emancipation by violence in the streets, if necessary.

And as you’ll see, technological innovation and a stable regulatory environment are going to be a much more civilized way to bring about economic freedom than the revolution advocated by the Antifa nutcases on the streets of Portland think. It won’t happen in the streets at all.

You’ll also see the numbers, the opportunities, are truly staggering.

 A Revolution of Preservation

As we approach the 250th anniversary of the United States, it’s worth recalling that our first Revolution wasn’t waged to destroy an order — it was fought to preserve one.

Political philosopher Russell Kirk called it “a revolution not made but prevented.” The colonists sought not chaos but continuity — the defense of their “chartered rights as Englishmen,” not the birth of an entirely new world. Kirk wrote:

“The American Revolution was a preventive movement, intended to preserve an old constitutional structure. The French Revolution meant the destruction of the fabric of society.”

The difference, Kirk argued, was moral. The American Revolution was rooted in ordered liberty; the French in ideological frenzy. The first produced a Constitution; the second, a guillotine.

Two and a half centuries later, the argument continues — only now, the battlefield is financial. Who controls access to money? Who defines legitimacy? Can a citizen’s ability to transact depend on their politics?

 Luxury Beliefs and the New Moral Economy

In the Biden years, luxury beliefs replaced logic. “Defund.” “Decarbonize.” “Debank.”

Virtue was measured not in outcomes, but in hashtags. The upper class could afford such moral theater; the middle class, as always, paid the price.

When January 6 arrived, it provided a pretext for Washington’s elite to enforce those beliefs through the economy itself.

Shopify deleted Trump campaign stores. Stripe froze donations. Twitter silenced the sitting president. Deutsche Bank and Signature Bank severed ties.

They referred to it as “risk management.” But everyone knew what it meant: moral compliance required. The mass of “deplorables” as Hilary Clinton referred to the growing MAGA crowd in 2016, need not apply.

“Money,” for the first time in American life, became subject to a kind of social credit score. Your right to transact depended on the mood of your banker — or worse, your followers.

 Russiagate, Emails, and the Anti-Trump Enterprise

The evolution of Trump Derangement Syndrome (TDS), as coined by the conservative analyst Charles Krauthammer, was a more virulent form of the Bush derangement Krauthammer observed in 2003. TDS didn’t evolve in a vacuum. It was the culmination of nearly a decade of institutional panic.

First came Russiagate, the sprawling political psychodrama that consumed Washington for years. A sitting president was accused — loudly and endlessly — of being a foreign agent.

Every committee, think tank, and TV anchor in town dined out on it. The narrative was built, inflated, and eventually deflated, but not before it rewired the country’s nervous system around a single premise: that Donald Trump was a cosmic error, a glitch in the moral order that had to be erased.

Then came the Hillary Clinton email scandal, that low-tech prelude to the high-tech deplatforming era. The lesson Washington took from it was simple: control the narrative or be devoured by it. The press learned to curate reality; Silicon Valley learned to curate speech.

By the time Trump’s first term ended in 2021, Trump Derangement Syndrome had become both a diagnosis and a business model.

Entire media networks depended on the outrage. Political consultants, lobbyists, and NGOs grew fat on “resistance” funding. Bureaucrats polished their résumés by “saving democracy” from the electorate.

You don’t have to believe in conspiracies to marvel at the sheer scale of the enterprise. A network of agencies, law firms, advocacy groups, and “nonpartisan” institutions all humming in unison toward one goal: to contain, humiliate, or erase a man who refused to follow their script.

What began as political warfare metastasized into lawfare — a permanent apparatus of selective prosecution and bureaucratic sabotage.

If Russiagate was the opening act, deplatforming was the finale. The message to the rest of America was clear: step out of line, and any of your digital accounts — social or financial — can vanish overnight.

That’s not exactly the “democracy” or even the Republic the signers of the Declaration of Independence and Constitution had in mind. It was more like a morality administration with a badge and a password. As we’re all painfully aware, especially during the pandemic, it went far beyond the White House.

Addison Wiggin
Grey Swan Investment Fraternity

P.S. This piece first appeared in our November Grey Swan Bulletin. Part II comes tomorrow, looking further at how the Trump family was debanked. Stay tuned…

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