1. Trump is pushing forward with his plans to create a "Crypto Strategic Reserve."
No one has bothered to explain why diverting government resources into crypto has ANY STRATEGIC BENEFIT FOR THE UNITED STATES.
The only benefit is for people who are current investors in crypto.
It's a grift.
No one has bothered to explain why diverting government resources into crypto has ANY STRATEGIC BENEFIT FOR THE UNITED STATES.
The only benefit is for people who are current investors in crypto.
It's a grift.
Comments
🤫🤫🤫
Well, if you said grift ..
Pretty sure the King of Grift is going to get excited!
And try his luck at this one, too!
Crypto isn't one of those things. And the Gov't getting involve literally defies the point of crypto's existence.
This action is an impeachable offensee because he is using his position in the WH to enrich himself.
Always assume the grift.
If he thinks he can loot the US treasury by swapping fairy dust for USD. Thats the last thing he'll ever do.
Crypto is not fit for purpose, nothing in the entire cradle to grave value chain can be bought with crypto.
Crypto needs to die in a
https://bsky.app/profile/cltomlinson.bsky.social/post/3liouhebapk2v
Doesn’t obey
NATIONAL FLOOD INSURANCE PROGRAM MANUAL
https://www.fema.gov/sites/default/files/documents/fema_nfip_flood-insurance-manual_042024.pdf
And he is not even clever about it.
Just ham handed grabbing assets.
He is going to privatize everything he can and take his vig and let his cronies buy the USA for pennies.
He and Musk are stealing our tax money to enrich themselves
It's got to stop
@democrats.org @repdangoldman.bsky.social @schumer.senate.gov @hakeem-jeffries.bsky.social
Social security cut of in 30to90.
Bodies are gonna pile up.😢🙏
Trump's pathetic hard on for Elon's $$ means he can do anything.
He specified that the "Crypto Strategic Reserve" would not only contain well-known tokens like Bitcoin and Ethereum , but also newer entrants like XRP, Solana (SOL), and Cardano (ADA).
(Ed note: Who is actually writing these posts??)
https://popular.info/p/strategic-corruption-reserve
Are Trump and Elon stupid, running a crypto scam, or both? Answered my own question, but...
Those companies and investors also have close political and financial ties to Trump.
But the taxpayers are left holding the (empty) bag because the Orange Pusbag is spending OUR money on this worthless crap.
The company contributed $5 million worth of XRP to Trump’s inauguration fund, one of the largest corporate contributions. Ripple also donated $45 million to Fairshake, a pro-Trump Super PAC that supported Congressional candidates.
Because many of those alts have companies that can actually change supply on his whims
It's a Whale pump & dump, bank the difference.