Nemeski@lemm.ee to News@lemmy.world · 4 months ago

'Dumping like crazy': Trump accused of 'rugpull' scheme now valued at $32 billion

www.rawstory.com

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'Dumping like crazy': Trump accused of 'rugpull' scheme now valued at $32 billion

www.rawstory.com

Nemeski@lemm.ee to News@lemmy.world · 4 months ago

President-elect Donald Trump has now found yet another way to convince his followers to throw their money his way — this time with a questionable cryptocurrency venture.Axios is reporting that the soon-to-be 47th president of the United States has rolled out a "meme coin" dubbed $TRUMP, which is bei...

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4 months ago
People acting like cryptocurrency isn’t just a security backed by thin air really drives me up the wall.

Crypto is a mirage and when it crashes people will all be wondering, “damn how were we this naive.”. But humans are great at playing make believe so who knows. But acting like the USD and Bitcoin are the same is lunacy.

Like you said one is money, the other you hold onto and want to turn into money.

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