President Trump announces his administration will move to evaluate the creation of a "national digital asset stockpile" — making good on a promise to support the use of cryptocurrencies like bitcoin.
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Donald Trump is going to use US Government money to help criminals launder crypto into real money. There is no legitimate use for crypto. It’s all crime. All of it.
this is why the crypto bros are in love with him.
The US govt will prop up the scam.
When it collapses (and it will as it's based on nothing) he gets saved.
That was the plan all along : ask the fed to use Fort Knox gold and replace it with Trump coin. The biggest heist of all time and Johnson agrees that “Trump coin is better than gold given Trump’s hair and experience in golden showers”
Using language like “making good on a promise” feeds into those who see Trump as one who does what he says he’s going to do. The focus should be on how bad an idea it is for the gov to prop up a poorly regulated and destructive asset. Also, we should invest in our people not digital wooden nickels.
This is a gift to billionaires. Most crypto is held by 5% of owners. They can’t sell it because it will deflate the value. So, they’ve convinced Trump to buy up reserves (with your tax dollars) so they can cash in and get even richer.
What a coincidence, and such fortuitous timing, that he started his own cryptocurrency just before entering the White House. Anywho, I wonder which cryptocurrencies they'll stockpile?
Next Trump will propose a "national stockpile" of shares of Trump Media stock. Granted, the national political press is too feckless to report it properly, but I have always appreciated how obvious Trump's corruption is.
So he issues his own cryptocurrency and then creates a government stockpile that buys his cryptocurrency. This is about as corrupt, immoral and illegal as it gets.
And absolutely nothing will happen to him. He will rob us blind, pay off Republicans, and destroy the country. He’s got a glide path to our destruction as a nation.
We the people are paying for this, not just MAGA. If anything they’ll get rewarded if they already bought in because Trump just made all of us the greater fool.
TS TIME TO START ORGANIZING - NO MORE DOOM POSTING - STRENGTH IN NUMBERS - FIGHT BACK AGAINST FASCISM - WE MAKE CHANGE IF WE STAND TOGETHER
IF YOU SEE THIS POST SPREAD THE NEWS. COPY TO AS MANY PLACES AS YOU CAN. BEFORE A PROTEST WILL HAVE IMPACT WE MUST GATHER NUMBERS FIRST - GET PEOPLE INVOLVED
Yay, Trump engages in open corruption, repaying his crypto donors by directly lining their pockets and also his own with taxpayer money and you just cheer them on.
The tea party was organized around fiscal conservatism and not bailing out homeowners during the great recession, and now their glorious leader is gonna buy bitcoin to prop up speculators and scammers?
So is he going to use cash to buy these assets from the dickheads in Silicon Valley so they can run away with actual fiat? Like how will you create the stockpile without paying for it.
You can tell by the fact that his eyes are open (with that hard, cold glint of contempt) that trump is fully loaded with Adderall or other stimulant. When it wears off, he can’t keep his eyes open.
Make sure you take PLENTY of stimulants, Mr. Prez. And how about some extra cheeseberders?
Remember the 2008 crash?
They're going to do it again.
The RICH wreck the economy, bankrupt people and businesses, buy up everything for pennies on the dollar, and we all start over.
The RICH love recessions and depressions.
The Democrats come around to play clean up and still get shit on for not doing it fast or well enough or whatever. Dems have their problems, for sure, but the pattern on the economy is crystal clear and there was no reason to believe it would be different this time.
Lmao democrats either don't do it fast enough or are growing government to large. Republicans then pretend to be all about fiscal responsibility until they take office.
The idea i have heard is that a huge % of crypto and bitcoin is control by a small percentage of people. They cant sell enough of it or it will plummet the price. So that were the tax payer money purchasing $1trillion in bitcoin comes in. The crypto whales unload their stake and keep price high.
When you pardon a guy serving life who was operating a crypto currency e-marketplace that facilitated human trafficking, illegal drug distribution, child pornography and assassinations, and then make crypto a big part of your political identity.... 🙄
Hey, do you want to report on who will make money from this, @nbcnews.com ? Trump, his corrupt cronies and all the billionaires and millionaires around him.
For-profit prisons are already licking their chops over the contracts they'll get for constructing concentration camps. With any luck, they'll also make $$ renting out unpaid prisoner labor. All legal under the 14th amendment!
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Stop stealing from the people!
Please, for the love of sanity can you stop normalizing this?
The US govt will prop up the scam.
When it collapses (and it will as it's based on nothing) he gets saved.
This is a transparent move to prop up an industry that already sees absolutely insane returns (especially considering it's represents nothing at all).
Because that’s what this is.
They spend all their time figuring out how to keep their thumbs down on our minuscule chance at any upward mobility.
"A cryptocurrency Ponzi scheme to rule all Ponzi schemes." Donald Trump
Applause from the American press.
Congress better not give him the money
He gonna bankrupt America.
IF YOU SEE THIS POST SPREAD THE NEWS. COPY TO AS MANY PLACES AS YOU CAN. BEFORE A PROTEST WILL HAVE IMPACT WE MUST GATHER NUMBERS FIRST - GET PEOPLE INVOLVED
Trump will use you economie as a spoil of war. And since you guys love war so much...
Make sure you take PLENTY of stimulants, Mr. Prez. And how about some extra cheeseberders?
They're going to do it again.
The RICH wreck the economy, bankrupt people and businesses, buy up everything for pennies on the dollar, and we all start over.
The RICH love recessions and depressions.
GRIFT
#GRIFTER
#FELON47
Shareholder value over actual factual reporting.
Do not erase or minimize Trump's crimes here.
https://youtu.be/BYwQW23vnmM
MAGA's #PayPalMafia
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https://bsky.app/profile/edhirsch.bsky.social/post/3lcraaxi2ls2m