The Crypto Jew-Haters

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Whenever someone says “couldn’t have happened to a nicer guy,” they always mean “literally anyone else it could have happened to would have deserved it less.” And that’s why, when I read that an anti-Semitic crytpo-currency company started by a white supremacist was imploding over credible allegations of financial fraud, I thought: that couldn’t have happened to a nicer guy.

The guy in question is Stew Peters, a true American renaissance man. He first tried his hand at a hip-hop career, but that didn’t get far. He went on to become a bounty hunter, and a fairly infamous one at that. But the bounty hunting, too, ended in tears.

Peters is now finding some success as an internet personality and podcaster—think Father Coughlin with a spread collar and a YouTube channel. Although the popularity of anti-Semitic influencers has been climbing, Peters isn’t too happy about it, grumbling on a recent show that the more mainstream personalities dabbling in the “Jewish Question” were mere “controlled opposition.” Not Stew Peters—he was a slimeball before it was cool.

But like a skinhead version of Icarus, Peters appears to have flown too close to the sun.

In April, Peters launched $JPROOF, a digital currency of a kind known as “memecoins.” These are like Bitcoin but meant to capitalize on some ideological trend. It’s a great vehicle for financial grift. “This serves as a moment in which we break away from this Rothschild Jew-run Talmudic cabal financial system,” he announced, essentially just vomiting a string of neo-Nazi buzzwords.

As if this wasn’t enough of a red flag, some crypto commentators began sounding the alarm right away. One called attention to the fact that Peters controlled most of the token supply, opening it up to manipulation. Essentially the concern was that Peters could buy up the coin and then transfer and sell it, which would drive down the value just as it would a stock that saw a substantial sell-off. In that case, Peters would profit off of the initial buy-up and get to re-invest his money in a more stable currency—again, similar to the manipulation of a young stock. Peters also reportedly didn’t follow the transparency process for legitimate crypto currency.

Well, this pump-and-dump scam is pretty much what JPROOF customers are now alleging happened. Lucas Gage, another prominent white nationalist in Peters’ circle, announced he’d lost big on JPROOF, and then he and others investigated and found that the coin’s insiders were intentionally “draining [its] liquidity.”

Said Gage: “I feel betrayed.”

Well that’s a shame. Others in the white-nationalist crypto community said much the same. And if you can’t trust a burned-out bounty hunter who broadcasts anti-Jewish tirades on the internet, who can you trust?

The purpose of this post isn’t schadenfreude. It’s to make three related points.

First, as always, anyone feeding you conspiracy theories about the Rothschilds while asking for your money is scamming you.

Second, the reason they are scamming you is because they know that Jew-baiting media is a lucrative business.

Third, it is not just lucrative for its pied pipers but for those willing to be brought into online coalitions. One example involving JPROOF: Last month, a Temple University student named Mo Khan identified himself as the person who broadcast a “F— the Jews” sign from a Barstool bar in Philadelphia after Barstool Sports’s owner denounced the stunt. Claiming that he was being “lynched” for his “free speech” (meaning he was criticized for being an anti-Semite), Khan then began asking for donations. As if to confirm everyone’s terrible first impression of him, Khan then went on Stew Peters’s show, where Peters offered him $100,000 worth of JPROOF.

“Over the past few days, this disgusting Jew has internationally destroyed your reputation,” Peters said to Khan, referring to Barstool’s owner Dave Portnoy. Khan then said he agreed with Peters that this was a case of “Jewish supremacy.”

So successful Jew-baiters cushion the landing of those willing to spread the gospel of anti-Semitism in return for the high-value brand advertising that comes with it and the access to campus anti-Semitic activist groups. Thus does the skinhead right and the Hamas left merge over a memecoin. Not because they like each other personally, but because, well, it’s apparently all about the Benjamins.

Yet these same people will say they're "friends of Israel".

MAGAs say that in front of the cameras to fool people into thinking they're not bigots. They only care about Israel in relation to end times prophesies.

When the cameras are turned off, they're saying the usual anti-semitic tropes (they killed Jesus, they control this and that, Rothschild, Soros, etc.)