Isn’t that the point? Allow anybody (including foreign crypto holders) to funnel money into the Trump family bank account with zero accountability?
I saw a documentary about the trump, or the wall. And they were selling part of the wall where people could write their name. It was really clear that this family is just scamming people left and right!!
It was really clear that this family is just scamming people left and right!!
Mainly right tho
Ayo
Breaking news, obvious scam is a scam.
*Obvious money laundering is money laundering (and also a scam).
Not sure I’d call it money laundering, it’s all being done in the clear.
But it’s certainly a scam:
The paper released Thursday shows that Trump and his family assume no liability. It indicates that none of them are directors, employees, managers or operators of WLF or its affiliates, and said the project and the tokens “are not political and have no affiliation with any political campaign.”
There’s a strong implication that launching this during his campaign means it’s tied to the campaign, but it’s really not.
“New crypto coin” is a weird way to say bribe money laundering
Bribe. Scam. It’s all snowballing into the same thing.
treat them as unique beanie babys or basketsport cards. They are only worth anything because of their limited supply.
Do you honestly think that, on the off chance that the Trump family sells out of these things, they won’t immediately mint more? It’s “limited” in the same way Marvel movies are limited.
perhaps I should have been more clear, it’s like those things when they were new.
No, when beanie babies were new you could play with them. When basketball cards were new you could trade them with your friends. They had inherent value first, and then they gained speculative value on the secondary market. Trump’s grift has no inherent value now or ever.
you can trade nfts with others, and they don’t need to have significant value.
No, you can’t. You can pretend to, but I can pretend to trade things with anyone without paying any money. The only thing stored on the Blockchain is a URL to an image which everyone just agrees to pretend that you own; if that server goes down, you have nothing.
My farts in a sealed bucket are extremely limited and yet I haven’t found a single buyer.
If you did, I bet the supply would increase. Much like these “limited” Trump farts.
On that note…
Huh. From what I’ve searched, WLFI comes with its own warning on coingecko, a site that supposedly tracks various cryptocurrencies.
According to GoPlus, this is a proxy contract. The contract owner can make code changes to the token contract including but not limited to disabling sells, changing fees, minting, transferring tokens etc. Exercise caution.
No active trades are found for this coin.
Emphasis mine.
If it wasn’t such a pithy amount that they sold I would accuse them if it, but this would be a great avenue to accept donations from foreign or nefarious actors.
I could also see that, given the total absence of liability on Trump’s part, even those foreign and nefarious actors might steer clear of it, if they realize that they, too, might be getting scammed, with no recourse at all to recover their investment.
Something like is very likely designed primarily to con easily conned conservatives out of their money, though the vehicle for foreign and bad actors also exists.
Hmm, this all checks out. Now I just need to figure out how to trade my house for WLFI.
Trading your house for a bunch of those $100k watches of good might be a better deal, because at least you’ll be able to hold actual physical excrement in your own hands. With that crypto thing, you just get watch your money vanish on a screen.
Idk, holding excrement is icky.
I quite agree.
As a dog owner, I agree.
I’d say it’s remarkable that Trump is even still able to run for president, but all this country seems to care about is social issues, and that clearly makes it easier to control people.
His health, both physical and mental, should have barred him from being able to do much. I am confident that if he wins, he will probably die in office from some illness. A Vance presidency would then happen…
Immigrants are eating dogs. Buy my trading cards, I’m a Cowboy GI Joe, it’s going to be worth a looooot of money!!! Also Kambalula NEVER WORKED AT McDoNALdS but look at these pics of Taylor Swift she loves me but fuck that overrated bitch. They gave me an award once for being the most honest person on earth but covid is a democrat scam, now buy my steaks and bitcoin, I’m the least racist person in the world even the lazy mexicans and black bitches say it but women think I’m the most sexy business man they all want me to grab them by the pussy but I wouldn’t rape the ugly ones. Send donations liberals are giving abortion to trans communist. 50% of the country will vote for me anyway, lol.
I started reading it as Trump, but it quickly devolved into redneck hillbilly, and honestly both work
Imagine buying a politician’s cryptocurrency
Imagine buying a policitian
's cryptocurrencyImagine buying
a politician’scryptocurrencyHave fun buying your drugs IRL like it’s 1970 or something.
pfft I wish my dealer took cash they like being paid in venmo!
Don’t worry though i put the pizza emoji in there for the reason they’ll never be able to pin it on me!
Imagine
buying a politician’s cryptocurrencyDragonsImagine all the people
Imagine buying
a policitian’s cryptocurrency
The only crypto where the rug pull is done on top
The stupidest thing about Trump is that he could have extorted billions of dollars out of the Saudis on Inauguration Day. Even Team Rocket could have figured that out.
I’m not 100% sure Jared didnt
I’m unfamiliar with this, what’s the story there?
Team Rocket are the primary antagonists in the Pokemon series, and the lead characters from Team Rocket are usually inept with their plans getting foiled by the protagonists, who are 10 or 11yo, and usually by accident.
I’m mad but I laughed.
Ah, the ol’ Lemmy Pokeroo.
Hey! If you’re gonna do it, do it right!
- Hyperlink your comment to the previous one in the chain
- Make a post in !lemmaroo@lemmy.world referencing it
See https://lemmy.world/post/8803878 for more detailed instructions.
Wait, it got made?!? Now I’m excited.
Hold my pokéball I’m going in!
WLFI has a current value of $0.0000000000034 USD.
That’s about 3 billion WLFI for 1 penny. What a deal!
According to this article, they “sold 846.63 million tokens valued at $12.7 million” on the first day, leaving “19.1 billion coins worth $287 million unsold”.
At the current price, $12.7 million USD would require 65,376,030 Trillion WLFI, so to get the money back you just have to own 3.2 billion times more WLFI tokens that exist.Sounds like a penny stock, I should dump my life savings into it, right?
Hey, I made a bunch off a penny stock once time. Ignore that I’ve invested in penny stocks more than once.
When Trump says he’s “pro crypto”, this is what he means.
Meanwhile the SEC under Biden/Harris has helped crypto by targeting actual scams like this one.
So in case you have a friend who’s a crypto bro, remind him who has actually helped and who called Bitcoin a scam.
World Liberty Financial, or WLF
are these the guys that sell wolf cola
Sounds like the guys that sell limited edition newly minted coins on Fox News commercials.
I wonder if any particular blyat is gonna buy these up.
Every blyat and zasranets will.
Washing that money clean
Dudes just trying to stack up all the lawsuits. SEC won’t be so nice I don’t think.
SEC can’t SEC if SEC doesn’t exist.
