201 points

Isn’t that the point? Allow anybody (including foreign crypto holders) to funnel money into the Trump family bank account with zero accountability?

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62 points

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!!

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58 points

It was really clear that this family is just scamming people left and right!!

Mainly right tho

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15 points

Ayo

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111 points

Breaking news, obvious scam is a scam.

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72 points

*Obvious money laundering is money laundering (and also a scam).

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23 points

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.

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85 points

“New crypto coin” is a weird way to say bribe money laundering

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10 points
*

Bribe. Scam. It’s all snowballing into the same thing.

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-20 points

treat them as unique beanie babys or basketsport cards. They are only worth anything because of their limited supply.

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17 points

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.

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-4 points

perhaps I should have been more clear, it’s like those things when they were new.

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14 points

My farts in a sealed bucket are extremely limited and yet I haven’t found a single buyer.

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4 points

If you did, I bet the supply would increase. Much like these “limited” Trump farts.

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2 points

On that note…

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52 points
*

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.

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12 points

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.

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1 point

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.

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4 points

Hmm, this all checks out. Now I just need to figure out how to trade my house for WLFI.

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4 points

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.

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1 point

Idk, holding excrement is icky.

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43 points

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.

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7 points

I started reading it as Trump, but it quickly devolved into redneck hillbilly, and honestly both work

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