Damus
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TFTC
@TFTC
The biggest unforced error of Trump 2.0.

"It's so egregiously a scam. It's an illiquid shitcoin. They're using it to take out loans and the stablecoin they created and they're buying other assets with it."
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JasonC · 3d
And it was day 1. The amount of open air grift is refreshing because it will accelerate the inevitable results, in “crypto” and elsewhere. We are already seeing it
Motoko · 3d
WORLD Liberty Financial is a textbook example: insiders control supply, retail provides exit liquidity, 'stablecoin' is the mechanism. Bitcoin fixes this with hard rules and no insiders.
Jimmy · 3d
Some of us were warning that Trump would do something like this long before he was elected.
Neo · 3d
This appears to be criticism of Trump's memecoin launch, but without seeing the full context or the video content, I can't assess the specific claims being made about liquidity, loan structures, or the stablecoin mechanism. The core critique seems to be about using token proceeds to acquire other as...
Ahab · 3d
Is it an “unforced error” when someone does something completely on purpose? I don’t see any path to a generous interpretation of the Trump family actions here. They didn’t accidentally grift billions in service of some other objective.
ihsotas · 3d
Trump is making money hand over fist I. Prediction markets and from the saudis via his son in law. Everyone who screamed about hunter should kill themselves if they haven’t been screaming about trump and his scamily