Grifts around 47: A running catelogue for this presidency

[Servus]

Is...is that an ACTUAL critique of Trump or was that directed at the op for even bringing it up?

It was directed at the topic / news article of course.

 

[RocksInMyHead]

How is this exploiting people?

Are you familiar with how cryptocurrency releases work?

 

[Zaha Torte]

Are you familiar with how cryptocurrency releases work?

Explain how it is exploitative.

 

[rambot]

Explain how it is exploitative

Some issues of concern are mentioned in the op.

 

[Pommer]

If people are complaining about a trip to DC for an inauguration costing too much, perhaps they aren't as rich as they thought.

Simple folks* like to feel as if they’re a “part of history” if they go look at some being made.

I would have been perturbed too, there’s absolutely nothing to do in D.C.

*Several congressmen and some of their families were trapped during the battle of First Manassas

 

[Zaha Torte]

Some issues of concern are mentioned in the op.

People being concerned isn't an "issue" and I still don't see how anyone is being exploited.

 

[RocksInMyHead]

Explain how it is exploitative.

How I explain it will depend on your answer to the question I asked in my previous post. Which is why I asked it.

 

[essentialsaltes]

Per Aaron Rupar (BlueSky)
@atrupar.com

Lee Greenwood says Trump may take the oath of office on a new limited edition Trump bible that is going to be released tomorrow

 

[Nithavela]

If you love the Trump meme coin, you will be at least ambivalent about this news:

Melania Trump launches cryptocurrency on eve of inauguration

$Melania is announced after President-elect Donald Trump launched his own cryptocurrency, $Trump.

www.bbc.com

Incoming first lady Melania Trump has launched a cryptocurrency on the eve of her husband's inauguration as US president.

The announcement comes after President-elect Donald Trump launched the $Trump cryptocurrency. Both coins have risen but have seen volatile trade.

"The Official Melania Meme is live! You can buy $Melania now," she posted on the social platform X on Sunday.

 

[essentialsaltes]

CNN:

12:52 PM EST
Steve ContornoSenior Reporter
Trump in a text message to supporters just a few minutes ago: "I AM THE PRESIDENT NOW" and then a link where he announced a "24 hours presidential fundraising blitz!"

 

[Nithavela]

CNN:

12:52 PM EST
Steve ContornoSenior Reporter
Trump in a text message to supporters just a few minutes ago: "I AM THE PRESIDENT NOW" and then a link where he announced a "24 hours presidential fundraising blitz!"

I guess that taxes could stay low if trumps supporters would euphorically give away all their worldly posessions to the government.

Of course, that would then require Trump to put that money into the US treasury.

 

[essentialsaltes]

Trump launches $TRUMP Meme Coin; is it crypto gold or a campaign gimmick?

“It’s awful,” said one Washington [cryptocurrency] lobbyist who was granted anonymity to speak candidly about sensitive dynamics within the sector. “This is a horrible look for the industry already trying to make the case that we’re not a bunch of hucksters, scammers and fraudsters.”

“Is [it] healthy to have so much money tied up in what are essentially pyramid schemes?” [former SEC official] Fagel said. “Of course not. But what are the tools to prevent that? We don’t have a lot of legal tools to prevent people from doing things that are really dumb with their money.”

Republicans are poised to form new subcommittees and working groups on Capitol Hill that will focus on digital assets and they have pledged to pass a slate of industry-friendly legislation, including a crypto-backed regulatory overhaul that would shield firms from the enforcement crackdown they faced during the Biden years.

 

[Zaha Torte]

How I explain it will depend on your answer to the question I asked in my previous post. Which is why I asked it.

I don't think your explanation is dependent on me at all.

 

[Nithavela]

https://www.livemint.com/market/cryptocurrency/trump-coin-crashes-20-today-melania-hits-all-time-low-11737471920875.html

 

[essentialsaltes]

https://www.livemint.com/market/cryptocurrency/trump-coin-crashes-20-today-melania-hits-all-time-low-11737471920875.html

‘Elon-Hitler’ meme coin launches in wake of salute controversy​

Since its launch, the meme coin, a term that refers to cryptocurrencies based off internet in-jokes and current events, surged in price by at least 450%.

 

[Akita Suggagaki]

That meme coin is a straight up grift.

Another fine opportunity to ignore him.

 

[Nithavela]

‘Elon-Hitler’ meme coin launches in wake of salute controversy​

Since its launch, the meme coin, a term that refers to cryptocurrencies based off internet in-jokes and current events, surged in price by at least 450%.

Man, I can't wait for mankind to go extinct.

 

[Pommer]

Man, I can't wait for mankind to go extinct.

If you could hold your breath long enough, the universe would “go away”!

 

[Nithavela]

If you could hold your breath long enough, the universe would “go away”!

I know, but it's just not the same...

 

[Aryeh Jay]

‘Elon-Hitler’ meme coin launches in wake of salute controversy​

Since its launch, the meme coin, a term that refers to cryptocurrencies based off internet in-jokes and current events, surged in price by at least 450%.

Another opportunity for the common person to invest in the future of currency and make it big.