I think the problem with these coins is not that they damage the reputation of the crypto industry (lol) but that they are a vehicle for bribing the POTUS - ThreadSky

juddlegum.bsky.social • 28 days ago

I think the problem with these coins is not that they damage the reputation of the crypto industry (lol) but that they are a vehicle for bribing the POTUS

Reposted from The Washington Post

Crypto tokens $TRUMP and $MELANIA have jumped in value, triggering concerns from industry insiders that the president is amplifying the sector’s unseemly side.

Comments

equineducklings.bsky.social•27 days ago

Why does it seem this angle gets no coverage? It should be the biggest scandal

basscleffer.bsky.social•28 days ago

“Concerns”??? ….“Concerns”??? Is susan collins working weekends at WAPO?

JFC.

renepierce.bsky.social•28 days ago

Yes! How traceable are they? Could they also be used to bribe judges…. SCOTUS?

pat.alaskarobotics.com•28 days ago

The illustration really does nail the neck flaps though.

phrozen.com•28 days ago

Lisan al-trumpaib

skipds.bsky.social•28 days ago

He looks like some inbred Roman Emperor.

markw2219.bsky.social•28 days ago

No question it's bribery

pygmalion55.bsky.social•28 days ago

And it's now practically impossible to ever make a case of bribery against POTUS so hey why not take bribes

darrellemiedia.bsky.social•28 days ago

bribe? I think we're past that one.

larkspurlane.bsky.social•28 days ago

BAHAHHAHA!! That is the UGLIEST shit I have EVER seen 🤣

blueinthewolvesden.bsky.social•28 days ago

I'm hoping this is what brings down cryptoshit.

cptmolo.bsky.social•28 days ago

Trump’s coin has actually lost over $50B in market cap since its launch and over 120,000 MAGA faithful who bought at the top have closed out their position entirely. Melania’s coin is also down $10B, 80%, and similarly has over 100k who closed out their position.

amers42.bsky.social•28 days ago

That coin makes him look fat.

flusterschmuck.bsky.social•28 days ago

The truest thing created in his image….hell adjacent to his image.

emhouston.bsky.social•28 days ago

Oof the neckgina is not a good look LOL

robtbell.bsky.social•28 days ago

Always the "raising concerns" language instead of just stating the facts. As if money pouring into his coffers for something with no intrinsic value could be anything but bribes and a scam.

rongilcreast.bsky.social•28 days ago

Crypto is just Latin for Ponzi

scaustin.bsky.social•28 days ago

Can you buy cocaine and hookers with it?

lbee-cuenca.bsky.social•28 days ago

Does the orange stain like the representation of him that is shown on that coin? Lots of neck flap...

ian-brown.bsky.social•28 days ago

lady-dem.bsky.social•28 days ago

Oh really 🙄 you’re not surprises, right?

danthiell.bsky.social•28 days ago

"The sector's unseemly side." Lol

pbgfler.bsky.social•28 days ago

Ya think? 🤦🏻‍♀️

jesrcerulean.bsky.social•28 days ago

Rachel's Beanie Baby explanation should be spread far and wide. Let it become the Crypto equivalent of Popehat's Rule of Goats.

bella37.bsky.social•28 days ago

They really gave him the ‘turkey neck’ didn’t they

admiralginyu.bsky.social•28 days ago

I’ve been saying for weeks that this is primarily to money launder illegal donations. It’s easier than going through his hotels and golf courses too.

badgramar.bsky.social•28 days ago

When you care more about reporting feelings and vibes instead of facts, this is what journalism becomes.

lisafarrar.bsky.social•28 days ago

Thanks, Judd. I don't really understand crypto, so your take on this is appreciated.

breadpanes.bsky.social•28 days ago

The point is to make the US government the ultimate bagholder.

robertscribbler.bsky.social•28 days ago

Crypto currency is a way to further concentrate wealth, undermine law and democracy, and enable corruption. The coins are crap. All of them.

robertscribbler.bsky.social•28 days ago

And here come the crypto scammers…

robertscribbler.bsky.social•28 days ago

Cryptocurrency is the poster boy for harmful oligarchy…

robertscribbler.bsky.social•28 days ago

Particularly, the coins undermine national currencies and open wide the door to money laundering. They have empowered organized crime and are now empowering bribery.

nickdcs.bsky.social•28 days ago

Another problem is his hideous mullet on the coin unless that's so it appeals to MAGA

deeznotez.bsky.social•28 days ago

Impeachable high crime and misdemeanor emolument clause violations but if no one acts upon their oath to preserve, protect, and defend our constitution against these crimes it becomes "business as usual" in a corrupt political landscape of self serving oligarchs. Will their grifts become grafts?

mikelaff.bsky.social•28 days ago

Props for them getting the chin/neck wattle geometry right.

aldocella.bsky.social•28 days ago

Strump and Smelania. The scent of sulfur and human decomposition.

fatheroftheax.bsky.social•28 days ago

@profgalloway.com made this same point. HUGE bribing avenue.

mr7077.bsky.social•28 days ago

And what can you do with it..?

ipsedixitnews.bsky.social•28 days ago

Lots of people in the industry were furious with this ridiculous initiative.

raycandlelight.bsky.social•28 days ago

Impressed they were able to capture the double wattles.

time4one.bsky.social•28 days ago

Remember junk bonds - pretty soon no one will buy a house and they will be stuck with all that $$ inventory- I look forward to the day “too big to fail” No more bailouts!

ionlylivehere.bsky.social•28 days ago

It’s lost 24% of its value in the past 7 days. It was never meant to be anything more than a money laundering scheme.

jrfree.bsky.social•27 days ago

Do ya think?!

renegadesci.bsky.social•28 days ago

It doesn't "Damage the reputation" as much as "exposes crypto for a ponzi".

professorfether.bsky.social•28 days ago

Too bad there's no way to crash the crypto scam.

fffanatic06.bsky.social•28 days ago

the fucking primary use for crypto currency was buying heroin and lsd. it's all unseemly side

wingfoot1618.bsky.social•28 days ago

What’s wrong with lsd?

fffanatic06.bsky.social•28 days ago

lsd is great! just don't use it more than a couple times of month. and definitely don't use it frequently throughout the day.

wingfoot1618.bsky.social•28 days ago

🤣 lol

matureroxy.com•28 days ago

Also...... why is there no space between in and god

michaelruminer.bsky.social•28 days ago

Leopards... faces and whatnot

tberf.bsky.social•26 days ago

I'd hate to see what's on the other side...

eeesq.bsky.social•28 days ago

So Trumps shell game is threatening to impact the shell game some billionaires who bought him the Presidency and kept him out jail are running? I guess that makes it even harder to know when to dump and run.

swmseattle.bsky.social•28 days ago

These coin should cement the crypto “industry”’s reputation as they illustrate exactly what crypto is: trading in branded serial numbers on a public database.

deannyg.bsky.social•28 days ago

Per factory specs… “Digital Assets” are critical to the economy per my DEMOCRATIC Congressmen. It’s shocking how quickly the foundations of society crumble.

rocketboy1313.bsky.social•28 days ago

"People are going to stop trusting our crime money."

thiafin.bsky.social•28 days ago

LOL...yep. But he already has plenty to be bribed for.

allyoop13.bsky.social•28 days ago

Gee, and they’re so surprised🙃

rrtrent892.bsky.social•28 days ago

Clown car

artistrandy.bsky.social•28 days ago

This is true exact thing the sitting president is not supposed to be doing. This definitely putting him in a place to be compromised. Put Trump in his place and tell him no. This is another get rich quick illegal act. Asking to be bribed.

flusterschmuck.bsky.social•28 days ago

They did accurately capture his almost nonexistent chin tho!

amontaful.bsky.social•28 days ago

Every evil entity in the world knows how to curry favor with the #WorstPresidentInHistory

brianfeeney.bsky.social•28 days ago

I think the bigger question is how one of the most vain men in the world allowed them to use that image of him on his grifter coin. He looks like a potato crossed with a watermelon wearing a toupee.

hayes71.bsky.social•27 days ago

Crypto will never be a legitimate form of currency because it is backed by an entity that has no power to enforce its value.

terrifiedstill2024.bsky.social•28 days ago

Fuck strump and smelania

hoppalooza.bsky.social•28 days ago

#ETTD… give it time.

tnblue.bsky.social•28 days ago

Could this be any uglier or more fraudulent. Kind of goes together like felon and dictator.

ardeeem.bsky.social•28 days ago

I can't believe his vanity didn't stop them from including that frog ass throat

seanbrodrick.bsky.social•28 days ago

Oh, they have concerns, do they? That’s rich

rockguitarist.bsky.social•27 days ago

How does he get bribed?

dionlisle.bsky.social•28 days ago

BINGO !

Request a meeting with the administration..

Yes please show us your crypto wallet with at least $5M in Trump Coins.

Oh, you wanted a policy outcome, please show us at least $100M in Trump Coins.

Most obvious ploy in history.

mccabeagent.bsky.social•28 days ago

Which seems to be working

wiseowlmakessoap.bsky.social•28 days ago

Hot tip… it’s the next Enron.

sparklydiadem.bsky.social•28 days ago

Why does the meme coin look like someone tried to stick a human face on Jabba the hut.

mopitz.bsky.social•28 days ago

Woof that profile.

2plus2equals.bsky.social•28 days ago

Saw someone suggesting that CBS settling a ludicrous lawsuit that they could easily defend against was basically a bribe to allow a merger.

vijetha.bsky.social•28 days ago

Watergate will look like child's play after 4 yrs of Tr*mp and Nixon will look like Lincoln.

gototown.bsky.social•28 days ago

Wall Street has lost its mind. It will all come crashing down.

lumennaturalis.bsky.social•28 days ago

Yes, but what a perfect application for crypto. Add that to drug buys and money laundering, and you can see why it's the wave of the future.

ajaxatax.bsky.social•28 days ago

Strump and Smelania sitting in a tree s-c-a-m-m-i-n-g....

eck6.bsky.social•28 days ago

When will you learn that Trump is a Genius. Truth Social to these coins. Trump sneakers, Trump watches etc. As you make fun banks loan him money and even testify on his behalf. Now he is purging everything you Love and that we hate- The Deep State. Winning Baby!

mattleising.bsky.social•28 days ago

Yep https://decential.beehiiv.com/p/the-web3-rewind-3addc4769ecfe7a5

prisoner37.bsky.social•28 days ago

Yes the Bezos-Post’s first instinct is to think - but, wait, how will this impact crypto promoters? Our readers want to know!

anorakffm.bsky.social•28 days ago

Riveting story!

linwetzel.bsky.social•28 days ago

Can already bribe them with hidden, dark-money PACS. No need for Crypto. Crypto will have regulations sooner or later, and leave a trail. The PACs will not.

reluctantradical.bsky.social•28 days ago

Shades of the Dutch tulip bubble. The entire meme coin mania, too, will end in tears.

mot-chicagoland.bsky.social•28 days ago

The neck on em

squanner.bsky.social•28 days ago

It is hard to imagine he approved that profile.

gort88.bsky.social•28 days ago

Wow, that's one fat head on that coin.

Trimp [sic] proves that there is no correlation between head size and intelligence.

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greenmamalama.bsky.social•28 days ago

Major emoluments and BRIBERY, BOTH IMPEACHABLE OFFENSES THAT SHOULD LEAD TO IMMEDIATE IMPEACHMENT AND REMOVAL, as well as the ridiculous demonstrations of mental issues and IMPOUNDMENTS

donlinn.bsky.social•28 days ago

This and DJT stock are both perfect vehicles for giving him money without reporting it. Both are clearly money laundering scams and yet, we hear nothing about it from the press, from the Democrats, or from investors who fell for the pump and dump.

Insanity.

penguins18.bsky.social•28 days ago

Crypto has a non-unseemly side?

cyberthrush.bsky.social•28 days ago

the $CHUMP & the $BIMBO.... MAGAs need to buy these up pronto!!

darkinnerside.bsky.social•28 days ago

And then use it throught their "matrix" means in brain

citizen12345.bsky.social•28 days ago

indeed, I like that they damage the reputation of the crypto industry.

pfbh.bsky.social•28 days ago

True. —Izzy Dedyit.

anorakffm.bsky.social•28 days ago

Bitcoins have two sides - neither is seemly… 😎

planetvz.bsky.social•28 days ago

I was hoping they’d build a better regulatory framework for crypto, but they might help destroy the industry reputation for years to come.

nicolaasstulting.bsky.social•28 days ago

There are far too many ways to currently bribe the President, through his merch, through his golf clubs, through his real estate business, through the richest man in the world, through his family... It is just bizarre how the man can be so obviously for sale in so many public ways.