I remember Trump stating that "Bitcoin is a scam," and then sometime after that Melania created some NFTs that sold like hotcakes. Now this. I'm confused.
Even a Ponzi scheme makes money for the early participants. The endgame is that the "value" of the currency must be maintained by "mining" operations---which require electric power to run computers. Eventually, the required growth in "mining" cannot be supported and the enterprise collapses.
I've seen the value histories over time. They look like seismographs.
Can we get an Orange Pill flair?
It takes away power from the Feds and every major rogue government enitity.
I remember Trump stating that "Bitcoin is a scam," and then sometime after that Melania created some NFTs that sold like hotcakes. Now this. I'm confused.
Trump is famous for this technique.
“Please don’t throw me in dat briar patch!”
My guess is they won't be HOLDING it any longer than it takes to convert it to something that has a bigger upside.
This is disappointing. Crypto isn't worth the paper it's not printed on.
My gains beg to differ.
Even a Ponzi scheme makes money for the early participants. The endgame is that the "value" of the currency must be maintained by "mining" operations---which require electric power to run computers. Eventually, the required growth in "mining" cannot be supported and the enterprise collapses.
I've seen the value histories over time. They look like seismographs.
Very smart move by Trump's organization. Opens up more avenues for contributions and encourages move away from the fiat system which is dying. 👍
Is he confirming crypto’s validity? 🤔
He did come out saying he'll help prevent the government from interfering with crypto.
https://youtube.com/shorts/OXQLt6maMek
He’s been selling those Trump cards in the Matic network.
Was this posted on Trump’s website today?
Today: The anniversary of the first Bitcoin transaction. 10k BTC was traded for two pizzas. That’s a $700 million value today.
Also today: House passes FIT21 crypto bill, and Biden admin released a statement saying he won’t veto it.
Seems like coordinating timing, but then again, I’m just a crazy conspiracy theorist.
Well I just sent over $17 worth of SHIB for the hell of it.