Be nice to people. This changes the whole environment.
- Manlobbi
Halls of Shrewd'm / US Policy
No. of Recommendations: 5
Trump, currying favor wherever he can find it.
Remember when the old flip-flopper dismissed crypto?
As president, Trump declared bitcoin “not money” and criticized it as “highly volatile and based on thin air.” He cautioned that crypto assets helped facilitate illegal underground markets.
“We have only one real currency in the USA, and it is stronger than ever,” Trump wrote on Twitter in 2019. “It is called the United States Dollar!”
But now...
One thing you can say about old Donnie, he can smell a scam a mile away and he'll follow his grifting nose every time.
In a video posted on X, Mr. Trump said he would introduce the crypto platform, World Liberty Financial, in a livestream at 8 p.m. on Monday. “We’re embracing the future with crypto, and leaving the slow and outdated big banks behind,” he said.
If Trump wins this election it will be via lies, fraud or violence. WTH has happened to our Republic?
So, suckers, if you missed out on DJT stock, this is your chance to get in on the ground floor of Trump's next big grift.
No. of Recommendations: 3
World Liberty Financial is Mr. Trump’s latest effort to ingratiate himself with the crypto industry. On the campaign trail, he has vowed to end a crackdown on the industry by the U.S. government, which has pushed for stricter regulations on digital currencies. In July, Mr. Trump spoke at the annual Bitcoin conference in Nashville, one of the largest crypto gatherings of the year, promising to make the United States “the crypto capital of the planet.”
The pitch appears to be working. Several prominent crypto executives, including Cameron and Tyler Winklevoss, the founders of the Gemini exchange, have donated to Mr. Trump’s election effort. A super PAC funded by the industry, Fairshake, has raised more than $150 million to elect pro-crypto candidates in congressional races, supporting a mix of Democrats and Republicans.
Mr. Trump was not always a crypto booster. In 2021, he said Bitcoin “seems like a scam.” But his views appear to have shifted during the campaign. This year, he hosted an event at Mar-a-Lago for people who bought a line of nonfungible tokens, the crypto collectibles known as NFTs, which he released.
"he said Bitcoin “seems like a scam.”" Right up his alley.
No. of Recommendations: 3
Mr. Trump’s embrace of crypto has made him hugely popular among digital currency investors. But his family’s promotion of World Liberty Financial has drawn a mixed reaction in the crypto world.
“It genuinely damages trump’s electoral prospects, especially if it gets hacked,” the crypto venture investor Nic Carter wrote on X this month. “At best it’s an unnecessary distraction, at worst it’s a huge embarrassment and source of (additional) legal trouble.”
The project has already become a target for hackers and scammers. This month, unauthorized posts appeared on the X accounts of Lara Trump, Mr. Trump’s daughter-in-law, and Tiffany Trump, his younger daughter. The posts directed viewers to a fake version of World Liberty Financial’s website.
No. of Recommendations: 3
this is an immediately useless opinion; someone thinks the trump family is influenced by embarrassment or legal trouble ?
