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Snapz ,

Next test of the cult… are you fucking people actually about to line up to trust your financial future to dumb dumb eric trump and sniff sniff don Jr?

Nuke_the_whales ,

New grift same grifter

sirico ,
@sirico@feddit.uk avatar

In before Logan Paul is attached and Coffeezilla exposes it all as a rug pull

Assman ,
@Assman@sh.itjust.works avatar

The Defunct Ones

UnderpantsWeevil ,
@UnderpantsWeevil@lemmy.world avatar

Plugging a crypto currency is officially the last resort of a scoundrel.

SlopppyEngineer ,

Covfefe Coin

IcePee ,

While I support crypto you gotta pick your asset. And, boy this is a dud.

Ultraviolet ,

“For too long, the average American has been squeezed by the big banks and financial elites,” Trump wrote. “It’s time we take a stand — together.”

Do people actually believe for a fraction of a second that Donald Trump of all people is on the side of the average American? And that the way to “take a stand” is with a crypto pump and dump scheme?

EncryptKeeper ,

Yes. A great many people believe exactly that.

Krackalot ,

I was going to invest myself, but I already lost $20,000 investing in the NFTs. Best purchase ever.

aesthelete ,

Now they’re defiant? I thought the whole thing was that they were the silent majority or some bullshit.

I knew serial conman Trump couldn’t resist getting involved in crypto which is one of the biggest cons of all time.

IcePee ,

I would say the fiat money system is the biggest con, at least by volume. What with all the quantitative easing and fractional reserve banking.

aesthelete ,

Yeah you’re right an ecosystem that produces things like peepee coin isn’t full up with con jobs. /s

www.livecoinwatch.com/price/Peepee-PEE

dhork ,

The PEE market is far less liquid than I would have expected

conciselyverbose ,

I know this is a crazy ask, but could we maybe have a presidential candidate not openly telling us he’s committing fraud while he’s on the campaign trail?

IllNess ,

Jimmy Carter gave up his peanut farm when he became president. After his presidency, Rosalynn and Jimmy spent their time building affordable housing. Rosalynn passed away last year on November 19. at the age of 96. They were married for 77 years.

Crazy how some people view what a good leader is now…

kenkenken ,
@kenkenken@fedia.io avatar

Will it become as successful as Trust Social?

SouthFresh ,
@SouthFresh@lemmy.ml avatar

Maybe after the rug-pull he’ll finally have something so he can stop with that ridiculous hair-style.

OhStopYellingAtMe ,
@OhStopYellingAtMe@lemmy.world avatar

Made Another Grift Again

zcd ,

https://lemmy.ca/pictrs/image/c18dfe5b-790f-4e33-9c74-541a8faae89e.jpeg

NoForwardslashS ,

Oh, now I should get into crypto. I’ve just been waiting for someone publicly convicted of multiple counts of fraud to start up a platform so I can pour all my money into that.

sugar_in_your_tea ,

Does he accept unmarked bills?

rimmedalpha ,

I’ll buy their crypto with every counterfeit dollar I can find.

Voroxpete ,

Hate to break it to you but this is not remotely close to being the first example of that happening.

MajorHavoc ,

Yeah! They missed investing with several known fraudsters already. Sure is lucky that yet another one is here to fill the gap!

Randomgal ,

Felon cryptobro 100% speed run.

GenosseFlosse ,

I wouldn’t get into crypto, but have you heard about this newfangled thing with the NFTs?

NRay7882 ,

You mean you didn’t get your Trump trading card set, Bible or Golden sneakers?

dhork ,

We all know how this is going to end, right?

He’ll get his fans to buy his shitty token, and maybe even keep custody on his platform. Then if he loses the election, he’s gonna flee to Russia via Venezuela, while pulling the rug out from under all those “investors” and taking it all. Then he will publically state that Harris must have directed the NSA to hack his site. He can live out his remaining time in Russia as a wanna-be oligarch, and Putin will treat him like a leader-in-exile.

dch82 ,

We all know how this is going to end, right? He’ll get his fans to buy his shitty token, and maybe even keep custody on his platform. Then if he loses the election, he’s gonna flee to Russia via Venezuela, while pulling the rug out from under all those “investors” and taking it all. Then he will publically state that Harris must have directed the NSA to hack his site. He can live out his remaining time in Russia as a wanna-be oligarch, and Putin will treat him like a leader-in-exile.

Stonks meme but its trump

Voroxpete ,

Win or lose, this is a rugpull.

MajorHavoc ,

He can live out his remaining time in Russia as a wanna-be oligarch, and Putin will treat him like a leader-in-exile

Yep. Except that’s only until he runs his mouth and has a tragic fall from a window.

If I where to place a bet, I would say 3 months, tops.

ThePantser ,
@ThePantser@lemmy.world avatar

The president should not have their own clothing line and currency.

NoForwardslashS ,

But what if the clothing line was selling custom versions of high quality labels like Hugo Boss?

rottingleaf ,

Your shirt can be any color as long as it’s black. Something-something honor and loyalty.

sugar_in_your_tea ,

What’s wrong with owning a clothing line as president? As long as they’re not using their office to impact their business in any meaningful way, I have no issues at all with it. So before taking the oath of President, you should be required to demonstrate that you have removed yourself from any obligations or loyalties you may have (so appoint someone to take care of your company(s) and whatnot).

As long as decisions made by the company have zero relationship to the actions of the President, I’m fine with it. And Congress and the Supreme Court should have some checks against that (i.e. Congress should be able to set rules for the President through legislation, and the Supreme Court should be able to review executive actions and force divestment if there’s evidence of bias).

I despise Trump, but let’s not be hasty.

ThePantser ,
@ThePantser@lemmy.world avatar

Ok and the currency? That undermines the currency of the country he is serving. What if Biden came out with Biden Bucks you think he wouldn’t be attacked from every angle?

sugar_in_your_tea ,

He’d be attacked, but not by me. Likewise for Harris or anyone else running for President. I’d call it stupid and probably scammy, but I wouldn’t suggest that it somehow undermines the US.

If Trump’s crypto platform or “Biden Bucks” or whatever takes off enough that it threatens the national currency, then perhaps we should be using it instead of the national currency. Competition is good, and we shouldn’t be using a currency just because the government wants control, we should be using it because it provides value. In the case of the dollar, that value is stability and ubiquity, and if Trump, Harris, or anyone else can do it better than the Federal Reserve, perhaps we should all be using that instead of the dollar. I highly doubt that’s the case, but it certainly doesn’t affect someone’s eligibility to run for President.

That said, they should divest themselves of any controlling interest in anything that could impact their role as President. That means handing off control to someone else, and ensuring that someone else doesn’t have any way to impact your decisions.

irotsoma ,
@irotsoma@lemmy.world avatar

A politician should not be allowed to own something they have the explicit power to artificially inflate the value of. For the president, that’s all businesses.

As for currency, again, the president has the ability to crash the value of the American currency and drive people to his currency in order to artificially inflate it. Sacrificing an entire global economy for personal gain should not be possible.

But not only is it possible, now with the recent Supreme Court ruling, he’d be immune to prosecution for doing it, so why wouldn’t he do it?

sugar_in_your_tea ,

artificially inflate the value of

That’s where there should be a requirement to demonstrate that you have removed yourself from any conflicts of interest. Trump didn’t do that (at least not in a way that’s satisfactory to me), and I think there should be a change to the qualifications for President that includes some level of divestiture.

the president has the ability to crash the value of the American currency

But the President doesn’t really have the power to do that. The Federal Reserve does (and there’s a lot of legal barriers between the President and the Fed) and Congress does, but the President can’t directly crash the value of the dollar. Look at Trump’s campaign, he says he should have direct control over the Fed, not that he does. Making that change would be a big deal that would piss a lot of people off.

The Supreme Court immunity ruling is absolutely dangerous and Congress should fix that ASAP, but that doesn’t mean the President can go devalue the currency on their own. That’s just not how things work. The closest they can do is attempt to fire board members of the Federal Reserve and appoint new ones that would hopefully listen to them, and that would be challenged by the Supreme Court. According to the ruling, they’d be immune from making the attempt, but that doesn’t mean the attempt can just go through w/o review.

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