Trump's crypto reserve fund isn't a pet project or strategic investment. It's crony capitalism, strip-mining public resources for private gain: www.theatlantic.com/ideas/archiv... - ThreadSky

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annielowrey.bsky.social • 52 days ago

Trump's crypto reserve fund isn't a pet project or strategic investment. It's crony capitalism, strip-mining public resources for private gain:

https://www.theatlantic.com/ideas/archive/2025/03/trump-crypto-capitalism/681919/

Comments

dechardin.bsky.social•51 days ago

Crypto Wars -Helluva battle over who’s nothing will dominate over everyone else’s nothing - 0s & 1s on some servers somewhere. Lotsa crypto “winners” for a while. Then servers hacked ??? (Musk has the codes) - oops it’s all gone!
Big losers - US & American Taxpayers!!!
Crypto Capital of the World.

threekitties.bsky.social•51 days ago

#TheLootingOfAmerica. Wait’s you hear about the Soveriegn Wealth Fund they’re getting about!!

mmacon.bsky.social•51 days ago

This must be shut down immediately.

verlag007.bsky.social•51 days ago

Trump is a total wrecking ball.

ken10phd.bsky.social•51 days ago

The swimming pool has no water 💦…

ner430.bsky.social•52 days ago

Gift link
https://www.theatlantic.com/ideas/archive/2025/03/trump-crypto-capitalism/681919/?gift=Yv9Uxr0lc82Qy1Co6vW4GQgYShB4jN8vl8kcV-YHxU0&utm_source=copy-link&utm_medium=social&utm_campaign=share

drkimm.bsky.social•52 days ago

when i think of Trump and crypto i get a headache. but also he loves smoke and mirrors. i wonder if he might be intentionally running up the debt of the US so he can "announce" that the US will pay debt using crypto.

that would be a good scam and give insiders an advantage.

dreamersafe.bsky.social•51 days ago

So?

faithpeacelove.bsky.social•51 days ago

We haven't heard anything about his visit to Fort Knox to count the gold. Has anyone????

tmorrow66.bsky.social•51 days ago

Encouraging investors will lead to political pressure to pump the fund, the perfect Ponzi scheme

drkimm.bsky.social•52 days ago

I am very concerned about making crypto part of government assets. The potential for crises seems very high.

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