this post was submitted on 22 Aug 2024
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348
Trump promotes family's new crypto platform, 'The Defiant Ones' (www.cnbc.com)
submitted 2 months ago by vegeta@lemmy.world to c/technology@lemmy.world
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[–] garretble@lemmy.world 153 points 2 months ago (1 children)

“I think there has been a lot of inequality in that only certain people can get financing [...] so this notion of decentralized finance is obviously very appealing to guys like me who have been debanked,” Donald Trump Jr. said in the interview on Locals.

Ha. "I'm toxic to banks so we are going to try and grift our idiot followers" is fun.

[–] TimLovesTech@badatbeing.social 16 points 2 months ago

So is he trying to say that he wants to build a crowd source lending institution that uses crypto? Or is this a Mt. Gox situation where they get people to buy their fake coins (a really good look for a son of a former President) and then are "hacked" and think nobody will be able to trace the coins back to them? And you know the whole reason they want to go crypto is so they can do money laundering/bribes and be "untraceable".