The Marine Corps is heading to Los Angeles, 134 million military expenses ignite a constitutional crisis
Military suppression escalates and power struggles
Troop deployment: Trump bypasses California Governor Newsom, pushing 2,700 armed forces (2,000 National Guard + 700 Marines) into Los Angeles within 48 hours. The Marines are under direct presidential command, and this move is actually a test of federal military control over 'deep blue states.'
Sky-high costs: 134 million dollars in military expenses (approximately 3,800 BTC) is borne by taxpayers, with the cost of individual equipment reaching 190,000 dollars. Armed conflicts have erupted on-site: the National Guard uses tear gas and rubber bullets to suppress civilians holding 'Stop the Deportation' signs, while Black Hawk helicopters conduct low-altitude intimidation.
Constitutional crisis:
The federal government, under the guise of 'protecting federal property,' avoids the Insurrection Act, triggering a constitutional lawsuit from the California government (court date set for June 12).
Trump insists the protests are a 'foreign invasion,' threatening to 'liberate Los Angeles,' while Newsom retaliates, saying 'Come and get me.'
Public opinion divides further: 47% oppose troop deployment, while only 34% support it; 45% oppose the hunting of immigrants.
Three major chain risks in the crypto world
1. Divergence of safe-haven assets
After the incident, gold rose 2.1% in 24 hours, BTC remained flat, traditional safe-haven assets are more recognized, and liquidity in the crypto market may be drained.
2. Capital flight from California
Silicon Valley VCs accelerate asset transfers, with USDC issuer Circle headquartered in Los Angeles. If the situation worsens, it may impact stablecoin reserve audits (large on-chain transfers need monitoring).
3. Policy black swan
If the federal government declares a state of emergency, it may freeze protesters' crypto wallets (referencing the Canadian truckers' incident), and centralized exchanges face compliance pressure.
On-chain defense strategies
Short-term: Allocate gold-backed assets (PAXG) or volatility products (such as ATMVOL index) to hedge against geopolitical risks.
Medium-term: Shift US Treasury exposure to RWA protocols (such as Ondo Finance) to avoid sovereign credit collapse.
Long-term: Lay out positions in the DeGov track (ARCA, POL), as the constitutional crisis validates the need for decentralized governance.
The current situation is essentially a systemic crisis triggered by the abnormal expansion of federal military power, and its trajectory will reshape the governance model within the United States and the flow of global capital.
Finally, follow me to see through phenomena to the essence, and let's traverse the bull and bear markets together.