The Never-ending Grift

Jolly

Why not? The Dems are using lawfare and unbelievable fines to subvert the election. Gotta counter it with something.

Maybe the next step in our descent will be targeted political assassination, as practiced in other banana republics.

Copper

We shall fight in court, we shall fight on the seas and oceans, we shall fight on the beaches, we shall fight on the polling place, We shall never surrender'.

Axtremus

h/t @wtg :

The crypto lobby has been pouring boatloads of cash into the latest presidential campaign of former president Donald Trump, who has entirely abandoned his once-hardline stance against digital currencies as the campaign money has rolled in.

Now, on the back of recent promises to make America the "crypto capital of the world," Trump is prepping to publicly roll out a wildly dubious and ethically fraught new crypto project started by none other than his sons Eric and Donald Trump, Jr.

The project is called World Liberty Financial (WLFI), and it centers on "stablecoins," or coins that creators claim are pegged to stable commodities or government currencies. In an X-formerly-Twitter thread posted last week, the WLFI team claimed their stablecoin would be pegged to the US dollar.

"For too long, the average American has been squeezed by the big banks and financial elites," Trump, a financial elite whose penthouse is caked in gold, said in a Thursday X-formerly-Twitter video promoting the forthcoming crypto venture. "It's time we take a stand — together."

But while stablecoins sound like they should be stable, they've historically been disastrous for investors and economies.

https://futurism.com/trump-crypto-crime-terrorism

And the WSJ:

https://www.msn.com/en-us/money/markets/crypto-plan-creates-potential-conflicts-for-trump/ar-AA1qcpLi

Jolly

"caked in gold".

OK, find me a less biased source.

taiwan_girl

@Axtremus said in The Never-ending Grift:

and it centers on "stablecoins," or coins that creators claim are pegged to stable commodities or government currencies. In an X-formerly-Twitter thread posted last week, the WLFI team claimed their stablecoin would be pegged to the US dollar.

Not understanding why this would be different or better than a US dollar or other currency?