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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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  • 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
      • 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 Online
            jon-nycJ Online
            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 Online
                      jon-nycJ Online
                      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 Online
                          89th8 Online
                          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 Online
                            jon-nycJ Online
                            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
                              • 89th8 Online
                                89th8 Online
                                89th
                                wrote on last edited by
                                #132

                                Do you think Biden would've done those last minute pardons had it been McCain or Romney or someone else about to be sworn in?

                                HoraceH 1 Reply Last reply
                                • JollyJ Offline
                                  JollyJ Offline
                                  Jolly
                                  wrote on last edited by
                                  #133

                                  It's not all about Trump 24/7, you know.

                                  “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 Online
                                    jon-nycJ Online
                                    jon-nyc
                                    wrote on last edited by
                                    #134

                                    Again, I think he would have pardoned his son and maybe his brother. The other preemptive ones? No.

                                    Only non-witches get due process.

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

                                      Do you think Biden would've done those last minute pardons had it been McCain or Romney or someone else about to be sworn in?

                                      HoraceH Offline
                                      HoraceH Offline
                                      Horace
                                      wrote on last edited by
                                      #135

                                      @89th said in The Never-ending Grift:

                                      Do you think Biden would've done those last minute pardons had it been McCain or Romney or someone else about to be sworn in?

                                      Those double standards are a little bit blatant. Trump did not introduce the concept of politically motivated prosecutions. In general, when someone tells you what they're terrified their enemy will do to them, that's what they'll do to their enemy, if given a chance. In this case, it's what the left already did to Trump that they're afraid of.

                                      Education is extremely important.

                                      1 Reply Last reply
                                      • JollyJ Offline
                                        JollyJ Offline
                                        Jolly
                                        wrote on last edited by
                                        #136

                                        Maybe the ultimate grift...

                                        https://townhall.com/columnists/katiepavlich/2025/02/14/the-lefts-climate-grift-is-being-exposed-n2652247

                                        “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
                                        • MikM Offline
                                          MikM Offline
                                          Mik
                                          wrote on last edited by
                                          #137

                                          Now TownHall is a paywall.

                                          “I am fond of pigs. Dogs look up to us. Cats look down on us. Pigs treat us as equals.” ~Winston S. Churchill

                                          Doctor PhibesD 1 Reply Last reply
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