The New Game Between Politics and Technology: The Power Struggle Behind Trump's Election

After Trump was re-elected, the relationship between the cryptocurrency and Web3 sectors and real-world politics entered a new phase. Beyond the apparent appointments of key positions such as the U.S. Secretary of the Treasury and the SEC Chair, the influence of some behind-the-scenes key figures cannot be overlooked, including Peter Thiel.

Peter Thiel is not only one of the founders of PayPal, a prominent venture capitalist, and a well-known figure in Silicon Valley, but his low-profile involvement in politics is also quite influential. If a certain well-known entrepreneur is the front-stage protagonist of this "Trump deal," then Peter Thiel is more like the strategist hidden behind the scenes, whose influence may shape the position of tech capital in the political arena of the United States and even globally for a considerable time to come.

Peter Thiel and J.D. Vance: A Microcosm of the Political and Business Alliance

In 2011, Peter Thiel criticized society's blind adherence to traditional career paths during a speech at Yale Law School, which deeply resonated with the students present, including J.D. Vance. Influenced by Peter Thiel, J.D. Vance abandoned the traditional legal profession, joined Thiel's venture capital firm, and began to venture into the field of venture capital.

The memoir "Hillbilly Elegy" by J.D. Vance later became a bestseller and is considered to reveal the mindset of Trump supporters. Although J.D. Vance initially held a critical attitude towards Trump, he gradually established a connection with him under the introduction of Peter Thiel. Peter Thiel not only arranged a meeting between the two but also provided significant financial support for J.D. Vance's political career.

With the support of Peter Thiel, J.D. Vance successfully elected as the senator of Ohio and became Trump's running mate for the 2024 campaign. This series of events reflects Peter Thiel's crucial role in shaping J.D. Vance's political career and also reflects the influence of some conservative forces in Silicon Valley on American politics.

The Game Between Old and New Capital: Silicon Valley's Challenge to Wall Street

This year's U.S. presidential election is, in fact, the prologue to a power reshuffle within capitalism. The "new capital" represented by the tech elites of Silicon Valley is challenging the "old capital" represented by Wall Street, vying for greater discourse power and rights to profit distribution.

In the past decade, emerging fields represented by AI and cryptocurrencies have become the driving force of economic growth. These emerging industries emphasize efficiency, innovation, and decentralization, with the call for "less regulation" becoming a common demand. From Web3 to AI, "decentralization" and "liberalization" have become their core narratives, promising higher technological efficiency, greater capital flow, and even the potential to redefine the rules of wealth creation.

However, this path of liberalization and deregulation may further strengthen the dominant position of tech giants and capital tycoons. Technologies like AI and cryptocurrencies may concentrate wealth more efficiently, accelerating the widening gap between the rich and the poor, while also further marginalizing the interests of traditional industry workers and Trump's base. This inherent contradiction may become a deep-seated driving force for the future fragmentation of American society.

Future Outlook: Seeking Balance and Opportunities

In the long run, whether the American political and economic system can find a balance between "new capital" and "old capital" will directly determine the final direction of this power reshuffling. "Old capital" needs to adapt more flexibly to the social changes brought about by new technologies while safeguarding its core position in rule-making. Meanwhile, "new capital" needs to persuade a broader society to accept the costs of wealth redistribution brought by technological expansion.

The outcome of this struggle not only concerns the political and economic landscape of the United States but will also profoundly impact the future direction of global capitalism. An era of capital that is more globalized and technology-driven is approaching, with the key being how to redefine the distribution model of power, resources, and rules.

Cryptocurrency and AI will undoubtedly be the main battleground. The entire cryptocurrency sector is not only a symbol of decentralized finance and capital liberalization but also a key lever for tech capital to counter traditional finance and reshape the rules.

The future is full of opportunities, whether in AI, cryptocurrency, or other emerging fields, their core narratives remain attractive: freedom, efficiency, and innovation. This process will also test whether all parties can find a compromise amid conflicting interests.

From "Trump Deal" to behind-the-scenes arrangements, what we see is not just an election, but a contest over the rules of the future. This is destined to be a profound struggle over resources, power, and rules, the outcome of which will shape the future global economic and political landscape.