Flying Squid to [email protected] • 3 months agoMore Than 800K Have Lost $2B on Trump’s Meme Coinwww.thedailybeast.comexternal-linkmessage-square72fedilinkarrow-up1279cross-posted to: [email protected][email protected]
arrow-up1279external-linkMore Than 800K Have Lost $2B on Trump’s Meme Coinwww.thedailybeast.comFlying Squid to [email protected] • 3 months agomessage-square72fedilinkcross-posted to: [email protected][email protected]
minus-square@[email protected]linkfedilink43•3 months agoIt’s not a pump-n-dump this time. In my opinion, it’s a laundered bribe. The 800k victims were an unintended benefit.
minus-square@[email protected]linkfedilinkEnglish7•3 months agoThe pump would be the bribe and the dump is them cashing out. Same thing with a bunch of suckers floating the value.
minus-square@[email protected]linkfedilink23•3 months agoDefinitely this was a way for offshore third parties to give Trump money. Gotta say this is my least favourite use of crypto, but it is also the most valuable use case (for corrupt politicians).
It’s not a pump-n-dump this time. In my opinion, it’s a laundered bribe. The 800k victims were an unintended benefit.
It can easily be both.
The pump would be the bribe and the dump is them cashing out. Same thing with a bunch of suckers floating the value.
Definitely this was a way for offshore third parties to give Trump money. Gotta say this is my least favourite use of crypto, but it is also the most valuable use case (for corrupt politicians).