Bitcoin Becomes a Battleground: The Silent War Between the White House and JPMorgan Chase

existOver the past few months, a peculiar pattern has emerged in the political, market, and media spheres. Market anomalies no longer appear accidental, and institutional participants are behaving with unusual aggression, as if something deeper is unfolding.

This is not a normal monetary cycle, nor a traditional partisan dispute, nor a traditional “market fluctuation”.

What we are witnessing is a direct confrontation between two competing monetary systems:

The old order: centered around JPMorgan Chase, Wall Street, and the Federal Reserve.

And a new order: centered on the Treasury, stablecoins, and a digital architecture anchored to Bitcoin.

This conflict is no longer theoretical; it is real-time and accelerating. And for the first time in decades, it is being brought into the public eye.

The following is an attempt to depict a real battlefield that most analysts cannot see because they are still examining a world that is breaking free of its own constraints through a 1970-2010 framework.

JPMorgan Chase steps out from behind the scenes

Most people mistakenly believe that JPMorgan Chase is a bank.

JPMorgan Chase is the operating arm of the global financial system. This entity is closest to the core mechanisms of the Federal Reserve, influences global dollar settlements, and acts as a major executor of the traditional monetary architecture.

Therefore, when Trump posted about Epstein’s internet and explicitly named JPMorgan Chase, it wasn’t just a rhetorical embellishment. He dragged the most entrenched institution in the system into the narrative.

at the same time:

• JPMorgan Chase is a major driver of the aggressive shorting of the micro-strategy (“MSTR”), coinciding with a critical moment when Bitcoin’s macro narrative threatens the interests of traditional currencies.
• Clients attempting to transfer their MSTR shares out of JPMorgan Chase have reported settlement delays, suggesting custody pressures that only arise when internal operating mechanisms are strained .
• JPMorgan Chase is strategically at the heart of the Federal Reserve ecosystem, both structurally and politically, and weakening its position is tantamount to weakening the old monetary system itself.

None of this is normal.

The silent shift in the administration: returning monetary power to the Ministry of Finance

While the media focuses on the disruptions of the culture war, the real strategic theme is currency.

The administration is quietly working to bring the center of currency issuance back to the U.S. Treasury Department, through the use of:

• Stablecoins integrated with the Treasury
• Programmable settlement track
• Bitcoin reserves as long-term collateral

This transformation is not a minor tweak to the existing system; it replaces the system’s core power center.

Currently, the Federal Reserve and commercial banks (led by JPMorgan Chase) virtually monopolize the creation and distribution of all US dollars. If the Treasury + stablecoins become the mainstay of issuance and settlement, the banking system will lose its authority, profits, and control.

JPMorgan Chase understands this.

They fully understand what stablecoins represent.

They understand what would happen if the Treasury became the issuer of programmable dollars.

So they need to fight, not through press releases, but through marketing strategies:

• Derivatives pressure
• Liquidity bottlenecks
• Narrative suppression
• Hosting delay
• Political influence

This is not a policy disagreement.

This is a struggle for survival.

Bitcoin: An Unexpected Battlefield

Bitcoin is not the target, but the battlefield itself.

The administration hopes to quietly build up its strategic reserves before making any explicit moves toward a Treasury-anchored digital settlement system. A premature announcement would trigger market volatility, cause Bitcoin prices to surge, and make the accumulation prohibitively expensive.

What’s the problem?

The old system is using a gold-like suppression mechanism to hinder Bitcoin’s rise:

• Derivative products are rampant.
• Large-scale synthetic short selling,
• Cognitive warfare
• Liquidity surprise at key technology levels
• Custody bottlenecks for major brokerages

JPMorgan Chase has spent decades mastering these technologies on gold, and now they are applying them to Bitcoin.

It’s not because Bitcoin directly threatens bank profits, but because Bitcoin strengthens the Treasury’s future monetary architecture and weakens the Federal Reserve’s monetary status.

The administration faces a difficult strategic choice:

• JPMorgan Chase should continue to suppress Bitcoin and maintain its ability to accumulate at low prices.
• Making a strategic announcement led to a Bitcoin breakout, but it lost its accumulated advantage before the political alliance could solidify.

This is why the administration has remained publicly silent on the issue of Bitcoin.

It’s not because they don’t understand it, but because they know it too well.

MSTR: Transition Bridge Under Direct Attack

Now we introduce a crucial aspect that most commentators overlook.

MicroStrategy is more than just a Bitcoin holder company.

It has become a conversion mechanism, bridging traditional institutional capital with the emerging Bitcoin-Treasury monetary architecture.

MSTR’s structure, its leveraged Bitcoin strategy, and its preferred stock products effectively convert fiat currency, credit, and government bond assets into long-term Bitcoin positions. By doing so, MSTR has become a de facto gateway for institutional and retail investors who cannot (or do not want to) hold spot Bitcoin directly but need to escape from artificially suppressed yield curve control.

This means:

If the administration envisions a future where Treasury-backed digital dollar and Bitcoin reserves coexist, then MSTR is the key corporate channel to achieve this transition.

JPMorgan Chase knows this.

So when JPMorgan Chase:

• Promote aggressive short selling,
• Introducing delivery delays,
• Suppressing MSTR liquidity
• And when it fuels negative market narratives,

It’s not just an attack on Michael Seller.

It is attacking the bridge that makes the government’s long-term accumulated strategies feasible.

There is even a seemingly plausible scenario where the US government eventually intervenes and makes a strategic investment in MSTR. As recently suggested ( joshmandell6 ), this could take the following form:

• Acquire ownership of MSTR by injecting U.S. Treasury bonds.
• This will clearly support MSTR’s preferred instruments and support higher credit ratings.

Such a move will bring political and financial risks.

But it will also send a signal that the world cannot ignore:

The United States is defending a key node in its emerging currency architecture.

This possibility alone explains the intensity of JPMorgan Chase’s attack.

Key Window of Opportunity: Control of the Federal Reserve Board of Governors

This is where the timeline becomes urgent.

As caitlinlong recently suggested, Trump needs to achieve functional control over the Federal Reserve before Powell leaves. The current situation is unfavorable for him; he trails by approximately three to four votes in the council vote.

Several bottlenecks appeared simultaneously:

• Lisa Cook’s Supreme Court challenge could drag on for months and delay a key shift.
• The Fed governor vote in February 2025 could solidify a hostile governance structure for a long time.
• A poor performance by the Republican Party in the upcoming midterm elections would weaken the administration’s ability to readjust monetary authority.

That’s why economic momentum is crucial now, not six months from now.

• This is why the strategy for issuing government bonds is changing.
• This is why stablecoin regulation has suddenly become high-risk.
• This is why Bitcoin suppression is important.
• This is why the struggle surrounding MSTR is not trivial, but structural.

If the executive branch loses Congress, Trump will be unable to restructure the monetary system and will be constrained by the very institutions he seeks to circumvent.

A broader strategic vision

When you step back and look at it, the pattern becomes clear and obvious:

• JPMorgan Chase is waging a defensive battle to protect its position as a key global node in the Federal Reserve-banking system.
• The administration is carrying out a secret transition to return monetary primacy to the Treasury through stablecoins and Bitcoin reserves.
• Bitcoin is a proxy battlefield, where price suppression protects the old system, while secret accumulation empowers the new system.
• MSTR is a conversion bridge and an institutional entry point that threatens JPMorgan Chase’s control over capital flows.
• Federal Reserve governance is the bottleneck, while political timing is the constraint.
• Everything is happening on an unstable foundation, and wrong actions can lead to unpredictable systemic consequences.

This is not a financial story, nor is it a political story.

This is a civilization-scale monetary transformation.

For the first time in sixty years, the conflict is no longer hidden.

Trump’s bet

The executive branch’s strategy has become clear:

• Taking advantage of JPMorgan Chase’s excessive investment in suppression.
• Quietly accumulating Bitcoin.
• Defend and potentially empower MSTR bridges.
• Take swift action to reshape the governance of the Federal Reserve.
• The Treasury is positioned as the issuer of digital dollars.
• And wait for the right geopolitical moment (possibly the “Mar-a-Lago Agreement”) to announce the new framework.

This was not a gentle reform; it was a complete overthrow of the 1913 order, returning monetary power to political entities rather than financial entities.

If the bet succeeds, the United States will enter a new monetary era built on transparency, digital orbits, and a hybrid Bitcoin collateral framework.

If it fails, the old system will tighten its control, and the window for transformation may not reopen for a generation.

In any case, the war has already begun.

Bitcoin is no longer just an asset; it is a fault line between two competing futures.

What neither side could understand was that both would ultimately lose this battle in the face of absolute scarcity and mathematical truth.

When these two behemoths fight for control, be prepared for unexpected events and pay attention to safety.

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