Why does Trump keep pushing $TRUMP
(truthsocial.com)
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I think it will go way way up over the years. Melania too.
Melanias coin is 69 cents? Wow.
That is kind of what I am thinking. Could go up 100x. 1000x or more possible???
Yup. This is my Trump watch. Of course he’s gonna pump the value of all his properties. Then people will see Melania as a value buy.
It looks so bad. I am active in the crypto community and they overwhelmingly hate the guy. They never want him to mention crypto again. I believe blockchain and crypto have real world use case, but meme coins are a fucking joke and he has one. He now has mentioned it again as a sitting president. I hate this more than anything he has done.
lol that's probably why he's active to turn people off of crypto. I don't know much about crypto except I'm not going to get involved in it. Isn't crypto all about getting people to buy a coin and then the value goes up, and people cash in their coins and pull out? Is there anything of value backing up the currency other than trustmebro? Isn't that a ponzi scheme?
It's the same Trustmebro system that fiat currency has.
That question is never answered.
I know, I didn't really expect any answer here either lol.
Because google exists, AI is free, and these basic questions have been answered a billion times over. At this point, you are so far behind the curve that most people are simply not going to engage with you, when you can't or wont even do basic research yourself. AI makes it so easy now that no one has an excuse other than laziness, stupidity, or a mix of both.
Imagine someone saying "I don't know much about math, except I'm not going to learn. But 1+1 should equal 11, right? Because you are putting two number 1's next to each other? Why would it equal 2?" That's basically what you sound like.
Meme coins are crypto, but not all cryptos are meme coins. You are conflating the two.
Meme coins are essentially collectibles. They serve no purpose other than that. They just happen to have a monetary value attached to them that tends to fluctuate wildly because some people manipulate markets. You don't go to Vegas and put your lifesavings on Red because you think it's a good investment, you do it because you are gambling recklessly with your money. Maybe you lose it all, or maybe you hit. Meme coins, same idea. Maybe you're an idiot that buys it while its high and gets left holding the bag when it dumps. Or maybe you catch it at the right time before it pumps and you sell it all when it finally does and make a killing.
Either way, meme coins are a joke. That's why they are called meme coins. It's in the damn name.
So i did google, crypto like bitcoin is backed by nothing but supply and demand, no goods, or services
The difference between bitcoin and meme coin is the number of people putting their money into nothing, and the length of time they've been around. In other words trust
Bitcoin, unlike traditional fiat currencies, is not backed by a physical commodity like gold or silver, nor by the promise of a government or central bank. Bitcoin’s value comes from the widespread trust in its security, scarcity, and predictability. Similar to gold, Bitcoin is sound money and does not require backing because inherent properties that allow it to be a good store of value, medium of exchange, and unit
So it is trust, lol.
Try using Grok and get more specific with your line of questioning. If there is something you still don't understand, ask and Grok can expand on it. If you ask broad questions, you will most likely get broad answers. Learn how to condense and keep bring more specific. The ai on the google engine isn't that great and its pretty limited in ways Grok isn't.
Trust is an over simplification of the answer. In short, its cryptography, blockchain, and a decentralized network. The value comes from it's design and strength of the network. That's why it's trusted. It's honest. And how do you value honesty? See what I did there?
Answer this.. What is the federal reserve note that you use everyday backed by? Is it gold? No? It's backed by bombs and threat of force. And the federal reserve can print them from thin air. That is not honest money. That is a scam. You use it every single day, but you're lol'ing over crypto? Interesting...
Just going to be honest here and I mean this in the most polite way possible because this forum is about waking people up. If you're going to sit on the sidelines and pass this once in a lifetime opportunity by because you chose stupidity and ignorance, that's your business. But what you are missing out on is a complete overhaul of the financial sector and re-evaluation of currencies worldwide. This is most likely the biggest transfer of wealth the world has ever seen. In the past, this was only possible for the rich. And for the first time in history, the average, and even poor people, have an opportunity to participate at some level. There will be a lot over lower and middle class people becoming multimillionaires over the next few years. And all you had to do was trade your worthless dollars that are backed by nothing for some crypto, and wait. You don't need to be some tech genius to get rich and multiply your net-worth. Literally buy and hold. That's it. And when countries start buying up cryptos for their national stockpiles, the purchasing power is going to skyrocket.
If the bankers that have been funding both sides of all wars for centuries can't conquer a country militarily, you conquer it by controlling its ability to print money (The Federal Reserve). This is why Bitcoin is a threat to them. There is no central point of attack, it's decentralized. They have no ability to "print" or create bitcoin out of nothing to control the supply, it's fixed and built into the code. Therefore it keeps it honest as a store of value and means of exchange. Are you starting to understand now?
Good luck.
You know what? I'm done we with this conversation I ignored your condescending attitude the first time. Now you add insults well that does not help your argument. May You have the life you deserve. Good day I won't be back here.
Yeah, but dropping the xrp lawsuit is solid, no? And same with releasing the silk road guy, right? The crypto community should respect him for those moves that are straight-up support.
I personally think these are comms, and unrelated to financial investments for regular people, i.e., a totally different purpose. $Trump is probably some white hat slush fund that can't be easily explained / disclosed, used to gauge the support he has in certain sectors. Like a commander asking each general to submit a muster report. That's my off-the-cuff explanation, but I'm not in the know.
You’re right, Trump has done more for the crypto btc community than any president. He’s reversed most or all Biden’s horrible legislation, he’s building platforms, creating a national stockpile and do not sell orders. Giving Ross a pardon. He’s trying to bring America back to financial prominence with decentralized blockchain finance (World Financial) project.
We’re literally weeks into the presidency.
He’s got a plan for Trump coin, the cards, sneakers and so on. He also has more experience building a worldwide brand than anyone in the crypto crowd. Old school degree in finance. Let’s see what happens. I should have sold at $50 though 😂
if you're actually in the "crypto community" then you understand that no crypto can be judged until it's been on the market for a few years.
No, just read the white paper. 80% to the Developers. It’s a scam.
where, exactly, in the whitepaper do you see this?
Technically not White Paper, as it’s not out. But their Distribution is 80% Creators and CIC, 10% Liquidity, and 10% Public Distribution. https://tokenomist.ai/official-trump
I'm in crypto. This is why I didn't buy TRUMP coin. The metrics were so bad
Is Trump not ending the federal reserve and that is why he moving everything? I thought thats what he was supposed to do.
What do you mean “moving everything”?
i think its just getting people used to crypto
So point them towards a memecoin with no utility?