- cross-posted to:
- politics@lemmy.world
- cross-posted to:
- politics@lemmy.world
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I like that they’re losing money, I dislike that drump himself is probably receiving that money.
Well deserved losses.
I’m positive that the vast majority of these “people” are bots run by foreign governments. He launched this meme in 3 days before his inauguration, what else are we supposed to think. That $2 billion is mostly bribes with a f ew trumpets thrown in.
Damn, where did I put that violin. It’s so small, I think I might have lost it…
The tardigrade is lending you his.
It’s not a pump-n-dump this time. In my opinion, it’s a laundered bribe. The 800k victims were an unintended benefit.
Definitely this was a way for offshore third parties to give Trump money. Gotta say this is my least favourite use of crypto, but it is also the most valuable use case (for corrupt politicians).
It can easily be both.
The pump would be the bribe and the dump is them cashing out. Same thing with a bunch of suckers floating the value.
There’s a German saying for that:
Tja.
In the region of Albacete (Spain) we have a similar word… and no, it’s not related to the video game giant:
Ea.
The only problem with that is that the money goes straight to fascism
Also: schadenfreude
Indeed.
jep
Hmm now I feel bad for not shorting it, after having thought about it initially…
A fool and his money are easily parted.
And yet somehow Elon and Trump are super rich.
When you have that much money and power, the only people that fail are the ones at the bottom of your trash heap built on the lies that brought you riches.
A lot of people never outgrew the schoolyard king-of-the-hill game, and still play it like they’re children.
“It’s easier to fool people than to convince them that they have been fooled.” - Mark Twain
Good
You’re supposed to lose your money. That’s the business.
Buy at the dip. (Dip is $0.17)
Its fucken poetic that his presidency launched with a shit coin he used to rugpull almost a million people. Fucking idiotic ass timeline.
I don’t think it could be any more American
Remember the last time he rug pulled a million people? It was during COVID and the rug was their lives. While other countries saw a fraction of the death relative to populations.
2 billion dollars / 800,000 people gives an average of 2,500 dollars per person. I’m going to venture a guess based on vibes that this was a more or less normal distribution and the median loss is close to the average loss. That’s not YUGE per person, but it would still chap my ass real good.
I imagine a lot of this is coming off the back of individuals/corporations/nations seeking influence over Trump; especially when you consider that something like 80-90% of initial tokens were owned by Trump and insiders.
A couple hundred million dollars is a small amount to pay for the leverage it could provide. I honestly think a large number of the biggest bagholders would be linked to the Saudi’s and Musk.
I absolutely LOVE that form them!
