从新德里到迪拜，世界领导人在外交和自私之间踩着微妙的界限

这个星期四晚上，唐纳德·J·特朗普将在他的特朗普国家高尔夫俱乐部举办独家晚宴。但这不是出于国家元首。

Donald J. Trump is a busy man. When he’s not golfing at his National Doral resort, hosting rallies in battleground states, or engaging in his favourite pastime of poking fun at ‘Sleepy Joe’ on Truth Social, the former president enjoys another unique activity: engaging directly with his top investors.

唐纳德·J·特朗普（Donald J. Trump）是个忙碌的人。当他不在他的国家杜拉尔度假村（National Doral Resort）上打高尔夫球时，在战场州举行集会，或者在“昏昏欲睡的乔”（Truth Joe Social）上嘲笑他最喜欢的消遣方式时，前总统享受了另一项独特的活动：直接与他的顶级投资者一起参与。

This Thursday night at his Trump National Golf Club in Bedminster, New Jersey, Trump will host an exclusive gala dinner. But it’s not for heads of state. It’s not for veterans or policy architects. It’s for the top 220 investors in his meme cryptocurrency, the $TRUMP coin.

这个星期四晚上，在他在新泽西州贝德明斯特的特朗普国家高尔夫俱乐部，特朗普将举办独家晚宴。但这不是出于国家元首。这不适合退伍军人或政策建筑师。这是针对他的模因加密货币的前220名投资者。

The ticket? Hundreds of thousands in crypto. The reward? Private access to the Oval Office. For the top 25 holders? A personal VIP tour of the White House.

票？成千上万的加密货币。奖励？私人进入椭圆形办公室。对于前25名持有人？白宫的个人VIP之旅。

Now, for those of us observing from India—a rising power with both economic and strategic stakes in a fragile global order—this isn’t just American political theatre. It’s a potential threat to international diplomacy, regional security, and the very fabric of democratic accountability.

现在，对于我们从印度观察的人来说，这是一个以脆弱的全球秩序具有经济和战略风险的力量，这不仅仅是美国的政治剧院。这是对国际外交，区域安全和民主问责制结构的潜在威胁。

This isn’t innovation. It isn’t a quirky PR stunt. This is a sitting President of the United States monetising political access via a digital token. And worse—most of those buying in are not American citizens.

这不是创新。这不是一个古怪的公关特技。这是美国通过数字代币货币化政治访问的现任主席。更糟糕的是，大多数购买的人都不是美国公民。

Bloomberg confirms that 19 of the top 25 $TRUMP coin holders are foreign nationals. This isn’t political patronage—it’s outsourced influence. These are people who owe nothing to the U.S. Constitution, but now hold financial stakes in American policy.

彭博社证实，在25美元的特朗普硬币持有人中，有19位是外国国民。这不是政治光顾，它的影响力外包。这些人对美国宪法一无所知，但现在在美国政策中持有财务利益。

India has long relied on a stable and principled United States to uphold norms—especially in South Asia. But if foreign billionaires can purchase backdoor access to American policy, what does it mean for India’s interests? For our defense partnerships? For our sovereignty?

印度长期以来一直依靠稳定的原则性美国来维护规范，尤其是在南亚。但是，如果外国亿万富翁可以购买后门访问美国政策，那对印度的利益意味着什么？为了我们的国防伙伴关系？为了我们的主权？

The implications extend beyond Washington’s corridors. Just weeks after Trump’s crypto-backed political machine took full shape, he announced a surprise diplomatic initiative: to mediate between India and Pakistan.

这些含义超出了华盛顿的走廊。在特朗普支持加密货币的政治机器完全成形的几周后，他宣布了一项令人惊讶的外交倡议：在印度和巴基斯坦之间进行调解。

But it’s no coincidence that this move coincides with a lucrative new partnership between Trump’s crypto empire and Pakistan.

但是，这一举动与特朗普的加密帝国和巴基斯坦之间有利可图的新伙伴关系并不是巧合。

The Pakistan Crypto Council (PCC), an entity with ties to the country’s intelligence agencies, has closed a deal with World Liberty Financial—a company where Trump and his family reportedly hold a 60% stake. WLF is the same vehicle accruing millions from $TRUMP coin investors and channeling it into crypto exchanges like Binance, backed by UAE and Chinese capital.

巴基斯坦加密委员会（PCC）是与该国情报机构有联系的实体，已与世界自由金融公司达成协议。 WLF是从特朗普硬币投资者那里获得数百万美元的同一辆车，并将其引导到由阿联酋和中国首都支持的Binance等加密交易所中。

And suddenly, Trump is interested in “peace” in South Asia? This isn’t peacemaking. This is policymaking for profit.

突然，特朗普对南亚的“和平”感兴趣吗？这不是和平的。这是盈利的决策。

Consider this: A Chinese-born crypto fugitive, Justin Sun, is one of the largest holders of $TRUMP coin. Earlier this year, he was charged with securities fraud by the U.S.—but those charges conveniently disappeared after Trump assumed office again.

考虑一下：出生于中国出生的加密货币，贾斯汀·孙（Justin Sun），是特朗普硬币的最大持有人之一。今年早些时候，他被美国指控犯有证券欺诈，但这些指控在特朗普再次任职后方便地消失了。

Sun has since invested $75 million into Trump’s DeFi platform, and a Chinese-linked firm purchased $300 million worth of $TRUMP tokens as Trump mulled over a TikTok ban. A UAE-backed crypto fund also committed $2 billion through World Liberty Financial into Binance—triggering a U.S. state visit and a sale of 500,000 Nvidia AI chips by Trump, a move with huge military-tech implications.

此后，Sun已向特朗普的Defi平台投资了7500万美元，一家以中国有联系的公司购买了价值3亿美元的特朗普代币，因为特朗普对Tiktok禁令进行了思考。阿联酋支持的加密基金还通过世界自由财务投入了20亿美元，触发了美国国事访问，并出售了特朗普的50万Nvidia ai筹码，这一举动具有巨大的军事技术意义。

This is no longer about American politics. It’s about the geopolitical auctioning of influence—with crypto as currency and the U.S. presidency as collateral.

这不再是关于美国政治的。这是关于影响力的地缘政治拍卖，以加密货币为货币，作为抵押品作为货币。

Let’s be clear-eyed about what’s at stake:

让我们对处于危险的危险中清楚地看待：

$148 million raised just from gala attendees

刚从晚会参加者筹集的1.48亿美元

$100 million in transaction fees from $TRUMP token activity

$特朗普代币活动的1亿美元交易费

80% of $TRUMP coin is controlled by Trump’s organisation

$特朗普硬币的80％由特朗普的组织控制

Trump’s crypto net worth: $2.9 billion

特朗普的加密净资产：29亿美元

37% of his overall wealth is now tied to cryptocurrency

他的总体财富的37％现在与加密货币有关

This isn’t a politician. This is a global crypto oligarch playing both sides of every border.

这不是政治家。这是一个全球加密寡头，扮演着每个边界的两边。

India has a carefully cultivated relationship with the U.S.—from strategic defense pacts to QUAD alliances, tech diplomacy, and counter-terror partnerships.

印度与美国建立了精心培养的关系 - 从战略性国防协议到四足联盟，技术外交和反恐伙伴关系。

But with a compromised White House beholden to the highest crypto bidder, what confidence can New Delhi truly have in any deal brokered by Trump? Can we trust an administration where Pakistan-backed crypto lobbies may influence foreign policy? Can we engage with a President whose loyalty may lie not with the democratic world, but with whoever buys the next 10 million $TRUMP tokens?

但是，随着白宫受到妥协的影响，新德里在特朗普实现的任何交易中都能真正拥有什么信心？我们能相信巴基斯坦支持的加密游说可能影响外交政策的政府吗？我们可以与一个忠诚可能不在民主世界的总统互动，而是与谁购买接下来的1000万美元特朗普代币的人互动？

India does not need to be reliant on Washington’s whim. But we must be attentive when American foreign policy becomes an NFT marketplace masquerading as diplomacy.

印度不需要依靠华盛顿的一时兴起。但是，当美国外交政策成为伪装成外交的NFT市场时，我们必须要注意。

The founding fathers of the U.S. had a deep fear of foreign entanglements. But even they could not have envisioned a presidency sold on cryptocurrency, propped up by rogue actors, and incentivised by meme

美国的开国元勋对外国纠缠充满了恐惧。但是，即使他们也无法设想出在加密货币上出售的总统职位，由流氓演员支撑，并受到模因的激励