Crypto pump and dump by the US government?

[goaded]

Trump named a bunch of crypto currencies he's thinking of using US taxpayer dollars to buy, and the price went up 10%. Before you Americans will buy them.

Why on Earth the same people who want to move back to the gold standard, based on a physical metal, think a number on a computer somewhere has value beats the hell out of me.

[MisterWack]

To my knowledge the Trump Crypto can’t even be traded which is the whole point of Cryptocoin.
Not to mention the fact Coinbase, Robinhood, Bitcoin, etc. pumped a SuperPac into the Trump Campaign a total of something like $135 million which would show the priorities of the Trump Administration.

Follow the money and you’ll find the method behind the madness. Go “woke” go broke, so Trump wants to stay rich at the backs of his supporters. He doesn’t care about you or me, he cares about his wallet.

[goaded]

I think it can be traded, because Trump's family has reportedly made $100million off trade. But, yes, everything's about making money for himself (he's charging $1million for a place at his dinner table, $5million for a one-on-one meal).

https://www.coingecko.com/en/coins/official-trump

[MisterWack]

@goaded Doesn’t surprise me

[DrPepper12]

1) that's insider trading corruption RIGHT OUT IN THE OPEN

2) ITS as @exitseven said a ponzi scheme

3) MAGA thinks the Fed & income tax is illegal & theft - dumassery of the 1st order!

4) gold is fucking dumbass bs. Can't have floating currencies with a fixed finite amount of gold

5) fiat currency is the best type as markets & users determine value

6) the US is WELL UNDER WAY to losing its status as the world reserve currency under Trump administration economic policies.

[goaded]

Yes. Yes, it is. But who's going to do anything about it?

I have to wonder how exit's going to square that circle.

Gold is dumb, but crypto is even dumber.

[exitseven]

@goaded I disagree with President Trump on this. I will tell him the next time we talk.

[goaded]

@exitseven Finally! A crack in the armour! C:

[exitseven]

@goaded Nobody gets everything right. There are however those that get nothing right.

[goaded]

@exitseven You're soooo close.

[exitseven]

@goaded close to what?

[goaded]

@exitseven Getting it.

[exitseven]

I got it a long time ago. Trump is still the best president we have had since WW2 and this term will still be great. Maybe he is right about Crypto Currency I do not have access to the best economists in the country.

[goaded]

@exitseven You think he listens to experts. That's so cute!

[exitseven]

Trump ran a successful real estate and construction empire. He did not do this alone. He tells a story about when he fixed the Javitz Center in NY. He did not know anything about skating rinks so he called the owner of the Montreal Canadiens. He got guidance from the manger of the Omni Center. The project turned dout good and people were ablr to skate again.

[DrPepper12]

Exit. I'm a NYer. Here's the REAL deal:

Yes he rebuilt the rink. Slapped his name all over it. Everyone wondered about this philanthropy from a miser like Trump. We found out years later:

In 2007 a city comptroller review found that Trump's operation had underreported its revenue from the rink for years and in 2007 by $106,608, thus shortchanging the city.

In 2019, the Trump Organization removed the Trump name from most signs and logos at both Wollman and Lasker Rinks without giving a reason. (It's since been confirmed it was the result of an out of court settlement with the city).

he's A FRAUD. A CON ARTIST. A SCAM. ALWAYS!

[OneViewpoint]

@goaded,

Crypto isn't dumb for the first 5 people in the ponzi scheme. They only need to exit before the implosion.

[goaded]

@exitseven Yes, a story. When did he fix the Javitz Center? What does it look like today?

[goaded]

Ah, I see @DrPepper12 answered that question!

@OneViewpoint Yes, and ensuring 80% is owned by the originators means they can manipulate the price as much as they like.

[exitseven]

@goaded I am not sure when this happened but he told the story during his 2015 campaign. It had fallen into disrepair and there may have been talk of demolishing it.

[goaded]

@exitseven You must have missed @DrPepper12's comment:
"In 2007 a city comptroller review found that Trump's operation had underreported its revenue from the rink for years and in 2007 by $106,608, thus shortchanging the city.

In 2019, the Trump Organization removed the Trump name from most signs and logos at both Wollman and Lasker Rinks without giving a reason. (It's since been confirmed it was the result of an out of court settlement with the city)."

[exitseven]

@goaded i do not know if that is true. Did it say anything about Trump actually depositing that money into his bank account or was some Board member skimming off the top?

[DrPepper12]

Yes he deposited the money as he had for the previous decade.

Why can't you accept that he's a con man? A fraud? A grifter? There's a lifetime of evidence. I don't understand MAGA. I just don't.

[DryGermanGuy]

"A fool and his money are lucky enough to get together in the first place.”

- Gordon Gekko, Wall Street

[NathanDavis]

no way... lmao