From Project 2025 to the PayPal Presidency: School Choice Fin-Tech for a Blockchain Social Credit Economy

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by John Klyczek
August 7, 2025


The ambitions of the Koch-backed network behind Project 2025 and the the PayPal Mafia behind President Trump are set to converge in a public-private fin-tech industry that distributes school choice subsidies using digital wallets and stablecoins based on AI social credit analytics.


In “TrumpED 2025: School Choice Corporatization, Social Impact Finance, and the Dismantling of the Department of Education,” I documented how President Donald Trump has been pursuing education reforms that align with Project 2025, which calls for Trump to push federal “school choice” subsidies, including “Education Savings Accounts” (ESAs) and tax credits for corporate donations to “Scholarship Granting Organizations” (SGOs). In the wake of my report, Trump signed into law the omnibus “One Big Beautiful Bill Act,” ramming through a school choice rider that resembles the SGO tax credit provisions stipulated in the “Educational Choice for Children Act” (ECCA), which is championed in Project 2025.

School choice ESAs and SGO tax credits may afford parents and students with a broader menu of learning options, but not without simultaneously expanding Big Government, Big Business, and Big Tech control over public, private, and home education. To be sure, ESAs and tax-credited “scholarships” are primed to expand government regulation of private, religious, and home schools while publicly subsidizing ed-tech companies that data-mine students’ psychometrics for predictive learning analytics. Not only are ESAs and tax-credited “scholarships” positioned to extend the reaches of government bureaucracies and ed-tech corporations into public, private, and home educationl, but they go even farther, as they are also positioned to usher fin-tech companies into public-private partnerships between ed-tech corporations and government bureaucracies in order to digitally dole out ESAs and “scholarships” to students.

In fact, several fin-tech corporations, including ClassWallet, Odyssey, Student First Technologies (SFT), Merit International, and SAP Ariba, are already specializing in “digital wallets” that streamline ESA and tax-credited “scholarship” payments. Altogether, these fin-tech companies have already contracted with at least 32 state governments to facilitate ESA and “scholarship” payments for public-private school choice programs. Some of these fin-tech corporations, such as ClassWallet, have also contracted with the United States (US) Federal government to digitize emergency education funding for virtual-online “distance learning” during COVID lockdowns. Many of these fin-tech companies and their digital wallets have also been promoted by a Kochfunded regiment of corporatist State Policy Network (SPN) think tanks, including the Heritage Foundation, the American Enterprise Institute (AEI), EdChoice, and ExcelinEd –– all of which are affiliates of Project 2025 contributors.

The corporatization and digitization of public education are problematic enough, but the fin-tech privatization of school choice subsidies through digital wallets is ultimately a stepping stone toward the public-private federalization of blockchain “distributed ledger technologies” (DLTs) that transfer, track, and trace all government funds through programmable cryptocurrencies, such as “stablecoins,” which have their value anchored to that of the US dollar. Pledging to crown America as the “world capital” of crypto and AI, Trump has not only minted his own “USD1” stablecoin, but he has also signed legislation legalizing digital stablecoin dollars in addition to signing executive orders to establish stablecoin regulations along with a US “Strategic Bitcoin Reserve” and a US “Digital Asset Stockpile.” To achieve crypto and AI dominance, Trump has joined forces with top PayPal Mafia bosses, including Elon Musk, Peter Thiel, and David Sacks, along with their venture capitalist (VC) cronies, such as Marc Andreessen, who together have laid the groundwork for the evolving digital economy by bankrolling digital wallets, blockchain DLTs, cryptocurrencies, and crypto exchange platforms.

In short, the corporatist contingent of the Koch-SPN think tanks behind Project 2025 is advocating for school choice ESAs and “scholarships” to be streamlined by fin-tech companies while the Silicon Valley technocrats of the PayPal Mafia are guiding Trump to accelerate the evolution of the digital economy through federal government adoption of blockchain DLTs and stablecoins. As Trump’s “PayPal Presidency” onboards federal blockchain systems, the school choice corporatization of the Koch-SPN cartel and the fin-tech disruptions of the PayPal Mafia are set to converge in a public-private digital wallet industry that tokenizes ESA and “scholarship” subsidies through stablecoins programmed by AI for government-restricted purchasing of ed-tech products and services. Synergizing the neo-conservative, beltway-libertarian, and VC Silicon Valley blocs of the Republican Party, the Koch-SPN and PayPal Mafia powers behind Trump are setting the stage for fin-tech digitization of school choice subsidies in order to upgrade public-private ed-tech systems for AI social credit scoring in the blockchain economy of the Fourth Industrial Revolution (4IR).

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