Graphic by Midjourney / Canva
There is a long history of hate groups using new technologies to disseminate their message. In the 1930s, it was radio. In the 2010s, it was social media. In 2025, he could be crypto.
Enter $ Joproof, a new piece of the same launched in April by Stew Peters, a far -right podcastor and a denial of the Franc Holocaust with a general public online. On paper, it is only another token in a sea of barely coherent blockchain projects. But even peel a single layer, and you will find something much darker: a coin literally marked like “Jewish proof”, marketed for the followers of Peters as a weapon against the “usurious Jewish bankers”.
The room has been floating in the extremist corners of the Internet for a few weeks. But he drew more attention after Mohammad “Mo” Khan, a student from the University of the Temple, suspended an anti -Semitic incident in a Philadelphia bar, made an appearance on the Peters podcast on Tuesday. The two discussed “Jewish supremacy”, then Peters offered Khan a million tokens to J., worth $ 100,000. Peters added: “F— The Jews.”
What is a coin?
A coin is a kind of cryptocurrency that generally starts as a joke, a blow or a media threshing tool. Unlike Bitcoin or other digital assets that try to solve real financial problems, memes parts are often useless beyond attention – and sometimes to make money for people who create them.
If you have a large audience and technological know-how, you can run your own meter piece in a few hours. Promote it on social networks, push your fans to buy, and if the price increases, you withdraw.
“I think it’s much more a wealthy program in addition than a real investment,” said Mike Rothschild, author of Jewish space lasers: Rothschilds and 200 years of conspiracy theories. “You can create one of these things and make money quickly by advancing the immediate follow -up very quickly that you have.”
What is $ jroproof?
Peters, a former premium hunter who has become marginal media, has spent years building an online brand rooted in Covid-19 denial, anti-Semitic conspiracy theories and hateful rhetoric. It is called Judaism “a cult of death built on the blood of murdered babies” and recently proposed a “final solution” to expel the Jews of the United States
$ JPOHER is the latest evolution of this world vision – and a new attempt to monetize.
Peters describes the token as “the beginning of a movement to free himself from the banking cabale led by Rothschild”.
“The idea that this Jewish family has all central banks is this very powerful idea,” said Rothschild, who is not linked to the well -known banking family. “But it is based on the operation absolutely of the operation of the bank.”
THE Website Includes discussions on “twisted Jews” and the imagery of the Nazi era. “I find that this is particularly unique,” said Phoenix Berman, investigator of investigation at the center on the extremism of the anti-deficiency league.
Berman said Peters had used the controversy surrounding Khan to amplify his emerging cryptocurrency. “He is a supplier of hatred,” she said. “And bring Khan to his platform, promoting theories and accounts of anti -Semitic plot – it’s his bread and his butter. This is what he likes to do.”
Berman said that the exchange was also part of a wider diagram. “It is generally to send a message that fanaticism is not only authorized in society, but potentially financially lucrative.”
Why extremists turn to crypto
For many hate groups, cryptocurrency is not only a convenience – it is ideology.
“White supremacists and anti-Semites will use cryptocurrency as an alternative to conventional financial institutions which, according to them, are controlled by the Jews,” said Berman. “Some of these extremists can be launched on payments treatment platforms and banking institutions, so sometimes they are stuck in a situation where they must turn to cryptocurrency.”
Earlier this year, The Proud Boys – a right -wing extremist group that played an essential role in the January 6 insurrection – launched their own memes piece.
And while $ jroprower can be one of the first openly anti -Semitic cryptographic coins, Berman said it was part of a disturbing trend. “Cryptocurrency is a way for extremists like Stew Peters to enjoy their hatred,” she said. She also noted that the scams by “Rug -Pullle” – in which a creator of a room takes the money and disappears – are “quite common on the market of cryptocurrency tokens”.
For his part, Peters said: “It is a piece that will never be drawn from carpets”, adding that he will “never sell him” and “he will never crash”.
The increase in political theme crypto projects was not limited to the fringe. Merchants who bought Melania Trump’s new play before its official launch made more than $ 100 million, According to an investigation published this week by the Financial time.
These tokens suggest that crypto becomes an increasingly common tool for politics, identity and indignation. And for some, like Stew Peters, it’s a direct line to finance and feed hatred.
“As long as there are people ready to believe it,” said Rothschild, “there will be more pieces like that.”
I hope you enjoyed this article. Before leaving, I would like to ask you to support the Before.
More than ever, American Jews need independent news in whom they can trust, with relationships motivated by the truth, not on ideology. We use you, no ideological agenda.
At a time when other editorial rooms close or cut, the Before Deleted his paid wall and invested additional resources to report on the field of Israel and the United States on the impact of war, the increase in anti-Semitism and polarized discourse.
This is the ideal time to support independent Jewish journalism on which you count. Make a gift today!
– Rachel Fishman Feddersen, Publisher and CEO
Support our mission to tell the Jewish story fully and fairly.
