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The New Coffee Room

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  3. The Never-ending Grift

The Never-ending Grift

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  • jon-nycJ Online
    jon-nycJ Online
    jon-nyc
    wrote on last edited by
    #100

    IMG_2459.jpeg

    You were warned.

    1 Reply Last reply
    • taiwan_girlT taiwan_girl

      Is anyone other than me bothered by this?

      https://www.nytimes.com/2025/01/18/us/politics/trump-meme-coin-crypto.html

      President-elect Donald J. Trump and his family on Friday started selling a cryptocurrency token featuring an image of Mr. Trump drawn from the July assassination attempt,

      and

      Disclosed just days before his second inauguration, the venture is the latest in a series of moves by Mr. Trump that blur the line between his government role and the continued effort by his family to profit from his power and global fame.

      What do President Trump and the Hauk Tauy girl have in common? 🙄
      https://truthsocial.com/@realDonaldTrump/posts/113846888132979151

      89th8 Offline
      89th8 Offline
      89th
      wrote on last edited by
      #101

      @taiwan_girl said in The Never-ending Grift:

      Is anyone other than me bothered by this?

      I heard about it today and had the same reaction. An almost hard-to-describe annoyance at the degradation Trump has brought to the office. I know... Clinton got BJs and Biden was a propped up corpse, but Trump has almost made it numb to think about what it was like before him. A multiple-bankrupt celebrity, caught on tape joking about sexually assaulting women, commits adultery, found liable for sexual assault, fires FBI directors, has like 75% of his previous staff voting against his re-election, guilty of felonies, making fun of the disabled, pretending to care about the Bible for a photo op, mishandling classified information, guilty of fraud, two impeachments, responsible for multiple people going to jail or going bankrupt or dying, launching meme coins right before he takes the oath again. I mean wtf.

      1 Reply Last reply
      • taiwan_girlT Offline
        taiwan_girlT Offline
        taiwan_girl
        wrote on last edited by
        #102

        President Trump at a pre inauguration speech

        “As of today, TikTok is back,” Trump said. “So, you know, I did a little TikTok thing. We have a guy...he’s a young kid, like 21 years old, and we hired this guy, and I went on Tiktok. Can you believe what I’ll do to win an election?”

        “So whether you like Tiktok or not, we’re going to make a lot of money,” he added.

        1 Reply Last reply
        • 89th8 Offline
          89th8 Offline
          89th
          wrote on last edited by
          #103

          The TRUMP coin I believe has already lost 50% of it's value from the initial price high.

          1 Reply Last reply
          • kluursK Offline
            kluursK Offline
            kluurs
            wrote on last edited by
            #104

            That's Ok. Doesn't Trump have 80% of the value?

            1 Reply Last reply
            • jon-nycJ Online
              jon-nycJ Online
              jon-nyc
              wrote on last edited by
              #105

              That’s usually how grifts work.

              You were warned.

              1 Reply Last reply
              • jon-nycJ Online
                jon-nycJ Online
                jon-nyc
                wrote on last edited by jon-nyc
                #106

                Earlier today, the president’s daughter Ivanka warned her social media followers not to fall for a scam crypto coin called $IVANKA that, she said, “is being promoted without my consent or approval.”

                I would love to hear someone articulate why it would be any less of a scam if she were the one promoting it.

                Maybe a better way to phrase it would have been ‘this is someone else scamming you, not me’.

                You were warned.

                taiwan_girlT 89th8 2 Replies Last reply
                • jon-nycJ jon-nyc

                  Earlier today, the president’s daughter Ivanka warned her social media followers not to fall for a scam crypto coin called $IVANKA that, she said, “is being promoted without my consent or approval.”

                  I would love to hear someone articulate why it would be any less of a scam if she were the one promoting it.

                  Maybe a better way to phrase it would have been ‘this is someone else scamming you, not me’.

                  taiwan_girlT Offline
                  taiwan_girlT Offline
                  taiwan_girl
                  wrote on last edited by
                  #107

                  @jon-nyc Well, based on the family history, it is a pretty believable "product"

                  1 Reply Last reply
                  • jon-nycJ jon-nyc

                    Earlier today, the president’s daughter Ivanka warned her social media followers not to fall for a scam crypto coin called $IVANKA that, she said, “is being promoted without my consent or approval.”

                    I would love to hear someone articulate why it would be any less of a scam if she were the one promoting it.

                    Maybe a better way to phrase it would have been ‘this is someone else scamming you, not me’.

                    89th8 Offline
                    89th8 Offline
                    89th
                    wrote on last edited by
                    #108

                    @jon-nyc said in The Never-ending Grift:

                    Earlier today, the president’s daughter Ivanka warned her social media followers not to fall for a scam crypto coin called $IVANKA that, she said, “is being promoted without my consent or approval.”

                    I would love to hear someone articulate why it would be any less of a scam if she were the one promoting it.

                    Maybe a better way to phrase it would have been ‘this is someone else scamming you, not me’.

                    Hahaha, so true.

                    Also, do you think Barron was named after the Robber Baron? Sure would make sense.

                    AxtremusA 1 Reply Last reply
                    • 89th8 89th

                      @jon-nyc said in The Never-ending Grift:

                      Earlier today, the president’s daughter Ivanka warned her social media followers not to fall for a scam crypto coin called $IVANKA that, she said, “is being promoted without my consent or approval.”

                      I would love to hear someone articulate why it would be any less of a scam if she were the one promoting it.

                      Maybe a better way to phrase it would have been ‘this is someone else scamming you, not me’.

                      Hahaha, so true.

                      Also, do you think Barron was named after the Robber Baron? Sure would make sense.

                      AxtremusA Away
                      AxtremusA Away
                      Axtremus
                      wrote on last edited by
                      #109

                      @89th said in The Never-ending Grift:

                      Also, do you think Barron was named after the Robber Baron? Sure would make sense.

                      More likely there was a copy of Barron's on the nightstand or coffee table when the naming took place.

                      1 Reply Last reply
                      • JollyJ Offline
                        JollyJ Offline
                        Jolly
                        wrote on last edited by
                        #110

                        Ah, the hyenas circle the 🔥, just out of the circle of light.

                        Face it, with the exception of Barron, I doubt any of the Trump kids understand Bitcoin. Somebody made a pitch and they took it.

                        Personally, I would not invest in any of the stuff.

                        “Cry havoc and let slip the DOGE of war!”

                        Those who cheered as J-6 American prisoners were locked in solitary for 18 months without trial, now suddenly fight tooth and nail for foreign terrorists’ "due process". — Buck Sexton

                        AxtremusA 1 Reply Last reply
                        • JollyJ Jolly

                          Ah, the hyenas circle the 🔥, just out of the circle of light.

                          Face it, with the exception of Barron, I doubt any of the Trump kids understand Bitcoin. Somebody made a pitch and they took it.

                          Personally, I would not invest in any of the stuff.

                          AxtremusA Away
                          AxtremusA Away
                          Axtremus
                          wrote on last edited by
                          #111

                          @Jolly said in The Never-ending Grift:

                          Face it, with the exception of Barron, I doubt any of the Trump kids understand Bitcoin.

                          I have seen no evidence to support the above. Feel free to point me to such evidence if you wish. :man-shrugging:

                          JollyJ 1 Reply Last reply
                          • HoraceH Offline
                            HoraceH Offline
                            Horace
                            wrote on last edited by
                            #112

                            I wonder how much damage a future anti-crypto president could do to the value of bitcoin? It's designed to be immune to such pressures.

                            Education is extremely important.

                            1 Reply Last reply
                            • AxtremusA Axtremus

                              @Jolly said in The Never-ending Grift:

                              Face it, with the exception of Barron, I doubt any of the Trump kids understand Bitcoin.

                              I have seen no evidence to support the above. Feel free to point me to such evidence if you wish. :man-shrugging:

                              JollyJ Offline
                              JollyJ Offline
                              Jolly
                              wrote on last edited by
                              #113

                              @Axtremus said in The Never-ending Grift:

                              @Jolly said in The Never-ending Grift:

                              Face it, with the exception of Barron, I doubt any of the Trump kids understand Bitcoin.

                              I have seen no evidence to support the above. Feel free to point me to such evidence if you wish. :man-shrugging:

                              I extrapolate that from what Trump told Hannity about Tik-Tok in his recent interview.

                              “Cry havoc and let slip the DOGE of war!”

                              Those who cheered as J-6 American prisoners were locked in solitary for 18 months without trial, now suddenly fight tooth and nail for foreign terrorists’ "due process". — Buck Sexton

                              1 Reply Last reply
                              • taiwan_girlT Offline
                                taiwan_girlT Offline
                                taiwan_girl
                                wrote on last edited by
                                #114

                                I would say that the people on this forum board on average are more knowledgable about bit coin than the average 18 year old. Most 18 year olds that I know do not have much, if any, knowledge of bit coin.

                                1 Reply Last reply
                                • JollyJ Offline
                                  JollyJ Offline
                                  Jolly
                                  wrote on last edited by
                                  #115

                                  I would say 90% of the population has little knowledge of bitcoin.

                                  “Cry havoc and let slip the DOGE of war!”

                                  Those who cheered as J-6 American prisoners were locked in solitary for 18 months without trial, now suddenly fight tooth and nail for foreign terrorists’ "due process". — Buck Sexton

                                  taiwan_girlT 1 Reply Last reply
                                  • JollyJ Jolly

                                    I would say 90% of the population has little knowledge of bitcoin.

                                    taiwan_girlT Offline
                                    taiwan_girlT Offline
                                    taiwan_girl
                                    wrote on last edited by
                                    #116

                                    @Jolly said in The Never-ending Grift:

                                    I would say 90% of the population has little knowledge of bitcoin.

                                    I agree with that. Even a lot of people who invest in it (and swear by it) dont really understand it.

                                    1 Reply Last reply
                                    • jon-nycJ Online
                                      jon-nycJ Online
                                      jon-nyc
                                      wrote on last edited by
                                      #117

                                      I understand blockchain. It’s the coins I don’t get. I’m still waiting for a use case besides money laundering, smuggling, and speculation.

                                      You were warned.

                                      1 Reply Last reply
                                      • Doctor PhibesD Online
                                        Doctor PhibesD Online
                                        Doctor Phibes
                                        wrote on last edited by Doctor Phibes
                                        #118

                                        Nobody who claims to understand it has ever been able to explain bitcoin to me so that I can understand it. Admittedly, I felt much the same way about quantum mechanics, although at least in that case the professional dorks could back up their claim with third order non-linear differential equations.

                                        So either I'm really stupid or they don't actually get it. Obviously, both could also be true.

                                        I was only joking

                                        1 Reply Last reply
                                        • HoraceH Offline
                                          HoraceH Offline
                                          Horace
                                          wrote on last edited by
                                          #119

                                          One classical use case is that bitcoin would be a currency that would survive the collapse of fiat currencies. Thus "digital gold".

                                          Education is extremely important.

                                          1 Reply Last reply
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