by Indy! on September 17, 2024 10:56 am
Wow. Talk about an election killer. Funny that peebs has no idea what this means for his Orange Master - which dovetails perfectly with the attached article...
*NOTE: If you do not know endgadget - they're a well regarded tech site that's been around forever.
Trump jumps into cryptocurrency, appears to know nothing about it
'Whether we like it or not, I have to do it.'
>SNIP<
When asked questions about the venture in an X Spaces interview (above), Trump appeared to know next to nothing about it. "It's so important. It's crypto. It's AI. It's so many other things. AI needs tremendous electricity capabilities beyond anything I ever heard," he said. He deferred to Barron's expertise, saying he has "four wallets" and equated it to learning a language like Chinese.
Some comments in the Spaces interview weren't kind. "Let's be honest Trump doesn't even know what crypto is or why he's being asked to shill it," said one. Others noted that launching such a venture just ahead of an election was inappropriate.
"I think it genuinely damages trump’s electoral prospects, especially if it gets hacked (it’ll be the juiciest DeFi target ever and it’s forked from a protocol that itself was hacked)," said crypto industry notable and self-proclaimed Trump supporter Nic Carter in a post on X.
(Editor's note: God I hope it's hacked on day 1 😃👍)
================================
From citation 2 below:
Trump crypto project: Why there’s ‘enormous potential downside’ for the campaign
>SNIP<
Fred Kreuger, a California-based bitcoin investor with a large following on social media, told MarketWatch that the launch of the Trump project “makes it really hard for me” to consider voting for Trump, even after donating money to the campaign and supporting Trump throughout the current cycle.
“A lot of us feel like for him to come out and say, ‘I’m launching my own coin,’ and keeping 70% of it, right before an election, is kind of not what we signed up for,” Kreuger said.
>SNIP<
engadget.com
marketwatch.com
by Donna on September 17, 2024 11:06 am
I don't know about you all, but I'm getting a kick watching the Orange Madman self-destruct and his two supporters coming to his defense.
by HatetheSwamp on September 17, 2024 11:15 am
"...watching the Orange Madman self-destruct..."
So, let me guess. You're as confident in that as you are that OrangeTurdBad was too petrified of the Dingbat to debate her.
by Donna on September 17, 2024 1:50 pm
I was wrong about that.
by Indy! on September 17, 2024 1:54 pm
He was too stupid to not find a way out of it. He effectively turned himself into the old slack-jawed guy who can't keep up with his opponent.