Trump to unveil crypto project amid scams and fears of ‘huge embarrassment’
Trump to unveil crypto project amid scams and fears of ‘huge embarrassment’
Tens of thousands of Trump followers already tricked into joining fake group
New "pump-n-dump" scheme to fleece his flock. Dollars to doughnuts "Leon" is also knuckle deep into this too.
87Kind of surprised that he isn't selling snake oil medicine and novelty dietary supplements and such. Alex Jones seemed to be really into that family of scams.
18he did before with his vitamin and supplement MLM for a while
11
Just another way for foreign countries to legally fund his campaign without limits. There are only so many sneakers they can "buy" before it starts to look too obvious what's going on.
66
62While eventually all Trump ventures fail some have enough money to keep going for quite a while - be careful that you don't overleverage yourself and get forced to take on debt because it didn't fail fast enough.
45Ban shorts.
5But they're comfy and easy to wear...
12Sure PGA, let’s get you to bed.
1
Trump is far from a successful business man. Is Dumb and Dumber's hands, this should be a real shit show
2I'm a Republican who does His Own Research and I'm buying Trump Crypto AGAIN after I lost THOUSANDS on his Last One! But this one is Different because Trump went on TV and Told Me and if you hear it on TV it's TRUE unless it's from the FAKE NEWS Which AOL is!
44Along with the bibles, the steaks, the bogus university, the bogus charity... he's really trying to win the scam decathlon.
19Hey, those bibles have the USA constitution in them and that somehow makes them better!
2Parts os the constitution anyway
1
Don't forget the shoes
2
Let’s combine some of these grifts, how about each coin being minted with a number seared on a trump steak, which you must eat in order to be accepted to trump university.
29mcdonald's burger, not steak
6"Please eat a 'Trump brand verification steak' to sign into your account"
5So greasy you feel your heart aged another ten years and you are just a half way through it.
4
Could this be a convoluted way to tornado-cash his buddies' dirty linen by opening up a channel to dump his upcoming huge windfall in clean (as per US law, and FEC regulations, apparently) cash about to be gained from rug-pulling $DJT the moment that window opens?
12He would never do such a thing! /s
3
Wait why is he trying to "leave the outdated big banks behind"? I thought conservatives liked big business. If they don't then can we leave the outdated big oil companies behind? Or are they special? Or is it banks specifically they don't like?
21Money laundering is probably easier with crypto than with banks. Or he knows that his accomplices at Deutsche Bank are flipping on him.
24
9
It's banks specifically that he doesn't like, because they stopped lending to him after his ventures had one too many bankruptcies.
But then he learned he didn't need banks' money anymore, when he could just run for office and have people give him money out of their own pocket.
19
Yeah… stick with the NFTs - at least there is a “product”.
11A crypto coin and an NFT are literally the same thing.
3There's a difference in how they're regulated. NFT's are not classified as investment vehicles, so the SEC doesn't care about them.
1
Don't you mean yuge embarrassment?
7“It’s equitable. It’s collateral anyone can get access to and do so instantly,” he said. “I don’t know if people realise what a shake up that is for the world of banking and finance. I hope we can help change that.”
Oh, cool, they're revolutionizing finance! Gotta fleece the supporters a bit more before potentially losing the election.
“Get ready as we unveil our plan to Make Finance Great Again,” the Telegram post stated. “This is a landmark event you won’t want to miss! Let’s make history together.”
Oh, cool, this is gonna be historic. Gotta make the broke MAGA supporters a little more broke and in debt. Did you see how poorly DJT stock is doing? But it went up when he said he wouldn't sell, which I'm sure comforts the people who bought when it was twice as much.
Having previously dismissed the world’s leading cryptocurrency as a “scam”, Mr Trump told the crowd at the Bitcoin 2024 conference in Nashville that he would create a “national bitcoin stockpile” from seized criminal funds, as well as “immediately appoint a bitcoin and crypto presidential advisory council”.
Oh, cool, he takes this seriously. Gotta have someone in government make sure there isn't any regulation.
To be honest, while I'd prefer healthcare for everyone, I know we're not getting it. And because I'm jaded and convinced that his followers are filled with hate, I'm ok with them getting hurt by him. I just resent that he profits in the process.
3Didn't he already unveil some tRumpcoin in the past?
6there was a Let's Go Brandon coin that I only ever heard of because they announced a deal to sponsor a NASCAR team then were eventually rejected, so they cried about cancel culture and sued NASCAR https://www.miaminewtimes.com/news/nascar-sued-over-lets-go-brandon-coin-fiasco-16416730
The combined value of the meme coins, branded around the popular anti-Joe Biden catchphrase, plummeted from an estimated $570 million to near zero after the sponsorship went belly-up. The market for the digital currency — which apparently hinged on the hope that the "Let's Go Brandon" logo would be plastered all over a NASCAR racecar — vaporized in a matter of weeks.
afaik this is the first actual official DJT crypto other than two rounds of NFTs, and I've followed his scams pretty closely
4
I'm sorry, aol.com? What millennium is this?!
6One where I couldn't find another story that contained enough necessary information.
11The story is from The Independent.
https://www.the-independent.com/tech/trump-crypto-world-liberty-financial-project-b2612199.html
10Always a nice nostalgia trip when aol or msn links show up lol
2
Another day another way for him to make a fool of himself.
4