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The New Coffee Room

  1. TNCR
  2. General Discussion
  3. The Never-ending Grift

The Never-ending Grift

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  • 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 Offline
              jon-nycJ Offline
              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.

              Only non-witches get due process.

              • Cotton Mather, Salem Massachusetts, 1692
              1 Reply Last reply
              • Doctor PhibesD Offline
                Doctor PhibesD Offline
                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
                  • taiwan_girlT Offline
                    taiwan_girlT Offline
                    taiwan_girl
                    wrote on last edited by
                    #120

                    Trump bitcoin pricing chart since launch

                    TRUMP_1M_graph_coinmarketcap.jpeg

                    1 Reply Last reply
                    • HoraceH Offline
                      HoraceH Offline
                      Horace
                      wrote on last edited by
                      #121

                      I'm actually glad it's dying a quick death rather than building up slowly so that more people eventually get burned.

                      Education is extremely important.

                      1 Reply Last reply
                      • jon-nycJ Offline
                        jon-nycJ Offline
                        jon-nyc
                        wrote on last edited by
                        #122

                        Yeah, that initial burst was probably from the cohort that made a fortune reselling his sneakers.

                        Only non-witches get due process.

                        • Cotton Mather, Salem Massachusetts, 1692
                        1 Reply Last reply
                        • JollyJ Offline
                          JollyJ Offline
                          Jolly
                          wrote on last edited by
                          #123

                          Mega-Grift:

                          https://issuesinsights.com/2025/02/07/wait-you-mean-theres-corruption-in-washington/

                          “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
                            #124

                            More than 813,000 crypto wallets have lost a total of $2 billion after buying President Donald Trump’s memecoin, according to an assessment by Chainalysis commissioned by the New York Times. Meanwhile, the Trump Organization and its partners gained $100 million in trading fees. Since its Jan. 17 launch, $TRUMP has lost most of its value, which is now about $16 per share, down from its $75 peak.

                            https://www.inkl.com/news/thousands-of-investors-in-trump-s-memecoin-lost-2-billion-in-just-weeks-while-the-family-and-its-partners-racked-up-100-million-in-trading-fees

                            RenaudaR 1 Reply Last reply
                            • taiwan_girlT taiwan_girl

                              More than 813,000 crypto wallets have lost a total of $2 billion after buying President Donald Trump’s memecoin, according to an assessment by Chainalysis commissioned by the New York Times. Meanwhile, the Trump Organization and its partners gained $100 million in trading fees. Since its Jan. 17 launch, $TRUMP has lost most of its value, which is now about $16 per share, down from its $75 peak.

                              https://www.inkl.com/news/thousands-of-investors-in-trump-s-memecoin-lost-2-billion-in-just-weeks-while-the-family-and-its-partners-racked-up-100-million-in-trading-fees

                              RenaudaR Offline
                              RenaudaR Offline
                              Renauda
                              wrote on last edited by Renauda
                              #125

                              @taiwan_girl

                              Meanwhile, the Trump Organization and its partners gained $100 million in trading fees

                              It’s the Ferengi way.

                              Elbows up!

                              1 Reply Last reply
                              • JollyJ Offline
                                JollyJ Offline
                                Jolly
                                wrote on last edited by
                                #126

                                $2B compared to just USAID is chump change.

                                You want grift? Check that agency out.

                                “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
                                • jon-nycJ Offline
                                  jon-nycJ Offline
                                  jon-nyc
                                  wrote on last edited by jon-nyc
                                  #127

                                  Sorry Jolly, we’re not changing the subject. It is objectively gross the way he repeatedly fleeces his sheep and at some level you must see through it.

                                  I just hope you haven’t bought into any of his grifts yourself.

                                  Only non-witches get due process.

                                  • Cotton Mather, Salem Massachusetts, 1692
                                  JollyJ 1 Reply Last reply
                                  • jon-nycJ jon-nyc

                                    Sorry Jolly, we’re not changing the subject. It is objectively gross the way he repeatedly fleeces his sheep and at some level you must see through it.

                                    I just hope you haven’t bought into any of his grifts yourself.

                                    JollyJ Offline
                                    JollyJ Offline
                                    Jolly
                                    wrote on last edited by
                                    #128

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

                                    Sorry Jolly, we’re not changing the sunjisect. It is objectively gross the way he repeatedly fleeces his sheep and at some level you must see through it.

                                    I just hope you haven’t bought into any of his grifts yourself.

                                    You changed the subject way back in the thread, since the thread was about the Biden Crime Family.

                                    All pardoned now, btw.

                                    “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
                                    • 89th8 Offline
                                      89th8 Offline
                                      89th
                                      wrote on last edited by
                                      #129

                                      LOL you can thank Trump for those pardons. Wouldn't have happened otherwise. I guess J6 folks who beat up cops can also thank Trump for the pardons, too. MAPA!

                                      JollyJ 1 Reply Last reply
                                      • jon-nycJ Offline
                                        jon-nycJ Offline
                                        jon-nyc
                                        wrote on last edited by jon-nyc
                                        #130

                                        My personal view is he would have pardoned Hunter in any case. And his brother was in fact under investigation by his own DoJ (imagine that happening to a Trump family member under Bondi - lol). So maybe that one too.

                                        Only non-witches get due process.

                                        • Cotton Mather, Salem Massachusetts, 1692
                                        1 Reply Last reply
                                        • 89th8 89th

                                          LOL you can thank Trump for those pardons. Wouldn't have happened otherwise. I guess J6 folks who beat up cops can also thank Trump for the pardons, too. MAPA!

                                          JollyJ Offline
                                          JollyJ Offline
                                          Jolly
                                          wrote on last edited by
                                          #131

                                          @89th said in The Never-ending Grift:

                                          LOL you can thank Trump for those pardons. Wouldn't have happened otherwise. I guess J6 folks who beat up cops can also thank Trump for the pardons, too. MAPA!

                                          Biden pardoned the Biden crime family, not Trump.

                                          “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
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