Trump announces The DeFiant Ones, a new cryptocurrency platform

Re:Trump announces The DeFiant Ones, a new cryptocurrency pl... by Terr_ on Thursday August 22, 2024 @03:51PM (#41323836)

Time to place your bets on the spectrum of:

1. It'll forever remain promises and PR.

2. No implementation, but they'll start soliciting "supporter pre-deposits", which will somehow not be refundable.

3. There will be enough of an implementation for trading and a pump-and-dump.

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Re:Trump announces The DeFiant Ones, a new cryptocurrency pl... by bediger4000 on Thursday August 22, 2024 @04:18PM (#41324048)

Wait where's the traditional rug pull? If we get past (2), which is where I would bet it ending, a rug pull could happen before a pump-n-dump.

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Re:Trump announces The DeFiant Ones, a new cryptocurrency pl... by Terr_ on Thursday August 22, 2024 @05:00PM (#41324365)

Good point, I'll edit it in.

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Re:Trump announces The DeFiant Ones, a new cryptocurrency pl... by empath75 on Thursday August 22, 2024 @06:12PM (#41324767)

I think the most likely purpose of this is as a way to bribe or funnel money to Trump if he gets into the white house (or really, even if he doesn't). You'd expect the Saudis and Russian, etc, to invest.

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Re:Trump announces The DeFiant Ones, a new cryptocurrency pl... by krapp on Friday August 23, 2024 @04:16PM (#41332718)

That would make sense for someone with scruples, but Trump almost flaunts his corruption. Plenty of lavish "gifts" and "fees" for him and his family when he was in the White House.

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