• danc4498@lemmy.world
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    3 months ago

    Isn’t that the point? Allow anybody (including foreign crypto holders) to funnel money into the Trump family bank account with zero accountability?

    • telllos@lemmy.world
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      3 months ago

      I saw a documentary about the trump, or the wall. And they were selling part of the wall where people could write their name. It was really clear that this family is just scamming people left and right!!

    • calabast@lemm.ee
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      3 months ago

      *Obvious money laundering is money laundering (and also a scam).

      • sugar_in_your_tea@sh.itjust.works
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        3 months ago

        Not sure I’d call it money laundering, it’s all being done in the clear.

        But it’s certainly a scam:

        The paper released Thursday shows that Trump and his family assume no liability. It indicates that none of them are directors, employees, managers or operators of WLF or its affiliates, and said the project and the tokens “are not political and have no affiliation with any political campaign.”

        There’s a strong implication that launching this during his campaign means it’s tied to the campaign, but it’s really not.

    • desktop_user@lemmy.blahaj.zone
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      3 months ago

      treat them as unique beanie babys or basketsport cards. They are only worth anything because of their limited supply.

      • ilinamorato@lemmy.world
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        3 months ago

        Do you honestly think that, on the off chance that the Trump family sells out of these things, they won’t immediately mint more? It’s “limited” in the same way Marvel movies are limited.

          • ilinamorato@lemmy.world
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            3 months ago

            No, when beanie babies were new you could play with them. When basketball cards were new you could trade them with your friends. They had inherent value first, and then they gained speculative value on the secondary market. Trump’s grift has no inherent value now or ever.

              • ilinamorato@lemmy.world
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                3 months ago

                No, you can’t. You can pretend to, but I can pretend to trade things with anyone without paying any money. The only thing stored on the Blockchain is a URL to an image which everyone just agrees to pretend that you own; if that server goes down, you have nothing.

  • don@lemm.ee
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    3 months ago

    Huh. From what I’ve searched, WLFI comes with its own warning on coingecko, a site that supposedly tracks various cryptocurrencies.

    According to GoPlus, this is a proxy contract. The contract owner can make code changes to the token contract including but not limited to disabling sells, changing fees, minting, transferring tokens etc. Exercise caution.

    No active trades are found for this coin.

    Emphasis mine.

    • TeamBrett@lemmy.world
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      3 months ago

      If it wasn’t such a pithy amount that they sold I would accuse them if it, but this would be a great avenue to accept donations from foreign or nefarious actors.

  • Yerbouti@sh.itjust.works
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    3 months ago

    Immigrants are eating dogs. Buy my trading cards, I’m a Cowboy GI Joe, it’s going to be worth a looooot of money!!! Also Kambalula NEVER WORKED AT McDoNALdS but look at these pics of Taylor Swift she loves me but fuck that overrated bitch. They gave me an award once for being the most honest person on earth but covid is a democrat scam, now buy my steaks and bitcoin, I’m the least racist person in the world even the lazy mexicans and black bitches say it but women think I’m the most sexy business man they all want me to grab them by the pussy but I wouldn’t rape the ugly ones. Send donations liberals are giving abortion to trans communist. 50% of the country will vote for me anyway, lol.

    • ArtVandelay@lemmy.world
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      3 months ago

      I started reading it as Trump, but it quickly devolved into redneck hillbilly, and honestly both work

  • FlashMobOfOne@lemmy.world
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    3 months ago

    I’d say it’s remarkable that Trump is even still able to run for president, but all this country seems to care about is social issues, and that clearly makes it easier to control people.

    • Phoenicianpirate@lemm.ee
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      3 months ago

      His health, both physical and mental, should have barred him from being able to do much. I am confident that if he wins, he will probably die in office from some illness. A Vance presidency would then happen…

  • EndOfLine@lemm.ee
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    3 months ago

    WLFI has a current value of $0.0000000000034 USD.

    That’s about 3 billion WLFI for 1 penny. What a deal!

    • JohnEdwa@sopuli.xyz
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      3 months ago

      According to this article, they “sold 846.63 million tokens valued at $12.7 million” on the first day, leaving “19.1 billion coins worth $287 million unsold”.
      At the current price, $12.7 million USD would require 65,376,030 Trillion WLFI, so to get the money back you just have to own 3.2 billion times more WLFI tokens that exist.

      • Dozzi92@lemmy.world
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        3 months ago

        Hey, I made a bunch off a penny stock once time. Ignore that I’ve invested in penny stocks more than once.

  • Dagwood222@lemm.ee
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    3 months ago

    The stupidest thing about Trump is that he could have extorted billions of dollars out of the Saudis on Inauguration Day. Even Team Rocket could have figured that out.

  • explodicle@sh.itjust.works
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    3 months ago

    When Trump says he’s “pro crypto”, this is what he means.

    Meanwhile the SEC under Biden/Harris has helped crypto by targeting actual scams like this one.

    So in case you have a friend who’s a crypto bro, remind him who has actually helped and who called Bitcoin a scam.

  • bitwolf@lemmy.one
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    3 months ago

    Dudes just trying to stack up all the lawsuits. SEC won’t be so nice I don’t think.