This is a most excellent place for technology news and articles.
“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.
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".
“... guys like me who have been debanked,” Donald Trump Jr. said
I had to look up "debanked". Admitting to it has to be the financial equivalent of telling people you are a registered sex offender.
What he means is he's trying to funnel his wealth into assets that aren't regulated and may be difficult to seize.
You know, to hide his money from the victims that he owes hundreds of millions to for his criminal behavior.
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.
Hate to break it to you but this is not remotely close to being the first example of that happening.
Yeah! They missed investing with several known fraudsters already. Sure is lucky that yet another one is here to fill the gap!
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.
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.
Win or lose, this is a rugpull.
“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?
Yes. A great many people believe exactly that.
Trump pump and dump.
Trump pump and dump.
Stormy Daniels approves this comment.
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?
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...
Goddamn it would be so fucking easy to scam maga shitheads if I didn't have morals
Right? I'd just sell them N-Word Passes and claim "Naw bro, Trump signed them and everything, these are real."
Hell, I think my biggest problem is I can't think of anything dumb enough before they've already got it
I used to think I was a pessimist. But now after multiple "There's no way people are that dumb" and being wrong I must be an absolute optimist.
I can use my degree from Trump University and make a boatload of money
It is a significant departure from Trump’s previous stance on cryptocurrencies during his stint in the White House when he called bitcoin a scam.
Is it a departure? Trump running a scam seems perfectly in line with his previous stance.
only a scammer would do something like thi-
oh right.
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?
Maybe trump is beginning to think he might not win the presidency so he's got to grift as much as possible while he can.
GriftCoin
There's likely some outright criminals who can't easily send their dirty traceable money into politics directly to buy favors. Seems to me that this helps "solve" that.
I, personally, imagine high odds of a combination of:
If I were any kind of federal investigator, I would look into this with great interest.
That guy has been milking every cow on the planet, you gotta appreciate the efforts. I'm just surprised there's no NFT collection out there, that'd be befitting of a supreme con artist.
Probably because he already did an nft collection apparently, according to the article.
I can't wait to see the level of grifts that will come when they really start to get desperate.
Will it become as successful as Trust Social?
A new day. A new grift.
Grifters going to grift
What could go wrong...
Up next, an innovative new sales technique. Get this, it is called Multi-level Marketing. Brand new, never been done before!
I bet the same morons that got his NFTs fall for this....the SAME PEOPLE (the ones that still have money left).
I wonder how the ethics here work. If I enter the pump phase, leave before the dump, I'm effectively stealing money from the MAGA cult. Is that a good deed?
But if you lose money you've effectively funded the maga cult!
So he did NFTs and his own coin, but where's his Metaverse tho? His grifting is lacking.
So politics aside, would you really put any money into a financial system run by someone with a proven track record of driving businesses into bankruptcy?
New grift same grifter
In before Logan Paul is attached and Coffeezilla exposes it all as a rug pull
Made Another Grift Again
Now this is just comedy-level grifting. This can't be real life, this has got to be a simulator to find the stupid ones
After Trump's NFT and silly sneakers, this just seems par for the course.
