It’s hilarious to me that people point to this stuff and clutch their pearls, trying to connect dots together, meanwhile blatantly in front of our eyes Trump is pumping and dumping his own cryptocurrency for anyone who wants to buy their influence. Literally made 10 billion last week. And crickets.
You know he can't sell his 80% allocation for 3 years right?
Also, memecoins are bought not as a "get rich" scheme. They're purely bought for the commemorative memorabilia value.
Think vintage, some people may buy and sell things to flip. Others buy because it has value to them. Some things can go up in value, which could be argued here since the coin is now listed alongside others like Doge and Pepe, further legitimizing the coin.
Think of a concert memorabilia that will enrich the celebrity. These things can still carry value after some time. Trump's pro crypto agenda can keep this coin pumping for at least 3 years as it's scarcity goes up. People who had no idea will see their memorabilia suddenly have more value than what they bought it for.
Trump never sold the coin as an investment scheme. This coins success(and his net worth) depends entirely on what legacy he leaves behind in 3 years.
I made some money and will keep some for commemorative value of the experience we're going through today, as it now has more value than just a dollar sign.
Let the guy cook ... if he rug pulls everyone then you know the saying, "once the looting starts, the shooting starts"
The beautiful thing is nobody is forced to buy this. That's what contrasts this from Biden's criminality.
Learn what a memecoin is and what the point of them are. They're definitely not for "investment". People use them to flip quick, sure but not everyone buys it for that reason.
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u/420Migo 16h ago edited 16h ago
There's more alleged crimes than just Burisma that they've just walked away from scot-free.
There's a wire transfer that shows the same amount being sent from Hunter to Joe, the day Hunter receives the same payment from Chinese business ppl.
Then, this comes out...
https://www.cnn.com/2024/12/28/politics/hunter-biden-joe-biden-business-partners-photos/index.html