153 points

“I think there has been a lot of inequality in that only certain people can get financing […] so this notion of decentralized finance is obviously very appealing to guys like me who have been debanked,” Donald Trump Jr. said in the interview on Locals.

Ha. “I’m toxic to banks so we are going to try and grift our idiot followers” is fun.

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So is he trying to say that he wants to build a crowd source lending institution that uses crypto? Or is this a Mt. Gox situation where they get people to buy their fake coins (a really good look for a son of a former President) and then are “hacked” and think nobody will be able to trace the coins back to them? And you know the whole reason they want to go crypto is so they can do money laundering/bribes and be “untraceable”.

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124 points

“… guys like me who have been debanked,” Donald Trump Jr. said

I had to look up “debanked”. Admitting to it has to be the financial equivalent of telling people you are a registered sex offender.

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29 points

What he means is he’s trying to funnel his wealth into assets that aren’t regulated and may be difficult to seize.

You know, to hide his money from the victims that he owes hundreds of millions to for his criminal behavior.

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6 points

No no no, he didn’t say “debanked” he said “Deutsch Banked.” As in, “I’m such a liability that the only financial institution that will work with me is shady Russian money laundering Deutsch Bank.”

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105 points

Oh, now I should get into crypto. I’ve just been waiting for someone publicly convicted of multiple counts of fraud to start up a platform so I can pour all my money into that.

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14 points

Hate to break it to you but this is not remotely close to being the first example of that happening.

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9 points

Yeah! They missed investing with several known fraudsters already. Sure is lucky that yet another one is here to fill the gap!

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1 point
*

And with Trump’s stellar success rate with new ventures and all.

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5 points

You mean you didn’t get your Trump trading card set, Bible or Golden sneakers?

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4 points

Does he accept unmarked bills?

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3 points

I wouldn’t get into crypto, but have you heard about this newfangled thing with the NFTs?

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2 points

Felon cryptobro 100% speed run.

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63 points

We all know how this is going to end, right?

He’ll get his fans to buy his shitty token, and maybe even keep custody on his platform. Then if he loses the election, he’s gonna flee to Russia via Venezuela, while pulling the rug out from under all those “investors” and taking it all. Then he will publically state that Harris must have directed the NSA to hack his site. He can live out his remaining time in Russia as a wanna-be oligarch, and Putin will treat him like a leader-in-exile.

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17 points
*

We all know how this is going to end, right? He’ll get his fans to buy his shitty token, and maybe even keep custody on his platform. Then if he loses the election, he’s gonna flee to Russia via Venezuela, while pulling the rug out from under all those “investors” and taking it all. Then he will publically state that Harris must have directed the NSA to hack his site. He can live out his remaining time in Russia as a wanna-be oligarch, and Putin will treat him like a leader-in-exile.

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13 points

Win or lose, this is a rugpull.

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5 points

He can live out his remaining time in Russia as a wanna-be oligarch, and Putin will treat him like a leader-in-exile

Yep. Except that’s only until he runs his mouth and has a tragic fall from a window.

If I where to place a bet, I would say 3 months, tops.

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3 points

The fucked up thing is he’ll never leave the US, and he’ll never face consequences.

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3 points

He can live out his remaining time in Russia as a wanna-be oligarch, and Putin will treat him like a leader-in-exile.

Honestly think he’d be safer in North Korea. Kim Jong Un could at least see him as an ally of “the world is against us.”

Putin already views Trump as a puppy that makes messes on the carpet… while running a dog fighting ring.

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55 points

“For too long, the average American has been squeezed by the big banks and financial elites,” Trump wrote. “It’s time we take a stand — together.”

Do people actually believe for a fraction of a second that Donald Trump of all people is on the side of the average American? And that the way to “take a stand” is with a crypto pump and dump scheme?

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33 points

Yes. A great many people believe exactly that.

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6 points

I was going to invest myself, but I already lost $20,000 investing in the NFTs. Best purchase ever.

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1 point

Yes, some people are uninformed idiots.

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1 point

People will 100% kill for him. I’ve heard it from my own ears from people around me where I live. We in Canada.

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