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Thomas pfp
Thomas
@aviationdoctor.eth
I swear the LHC experiment forked reality and landed us in the memeverse in 2012 Here’s the former and maybe next POTUS shilling an obscure shitcoin on Ethereum three weeks ahead of an election https://x.com/realdonaldtrump/status/1845179557852377508
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@ayojoseph
I've been asking myself, why? There's no upside to this
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Benido
@benido
Trump (but celebs in general) are looking for ways to monetize their name/ brand/ good will. This can be done with ads, being an „influencer“, etc but in the new world that’s coins. Trump is the final boss in that category and I am pretty sure that timing, risks etc don’t matter. Anything that could help win the election is good. And if there’s money involved on top (that he will also funnel into his pockets) than that’s perfect. Imo the question for him is „why not“, not „why“ and there aren’t a lot of cons in his world.
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@ayojoseph
This is what you're missing in your analysis, coins as you called it is a high risk asset, 90% of coins are heading towards zero, plenty will lose their money and only few will profit. Can you name a celeb that launched a coin and it's still alive in the market??? When ppl lose money they start pointing fingers, no one wants to be at the end of those hands
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Thomas
@aviationdoctor.eth
I wouldn’t discount that a lot of people who get grifted experience shame instead of blaming the person who led them to be grifted. Shame at losing so much money, at putting their family’s savings at risk, etc. They won’t go around saying “I trusted Trump and lost my money on a shitcoin” because it reflects poorly on their judgment, especially so when half of the population who would reply “I told you so” happens to be their political enemies, validating the broader mistake of aligning with a grifter when warned against it. And there will be enough few people who’ll luck out (selling at the top) to claim that it’s a skill issue, not an influencer issue, even though it’s by definition a zero-sum game where people must lose for others to win
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@ayojoseph
I get you, but from past results in CT, it'll end in tears
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Thomas
@aviationdoctor.eth
Schafenfreude* (I’m kidding, actually, a victim is a victim even when their actions look absolutely boneheaded to me. These people genuinely trust a political figure who’ll have no qualms milking them dry once more)
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@ayojoseph
Exactly, it's betrayal of trust, nothing more. I don't know who advised him to do that, probably to pander to the crypto community, but the truth is we don't really care. We just want to make profits. Also, I believe SEC will feast.
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Thomas
@aviationdoctor.eth
And the silver lining is that it’s on Ethereum! It’ll onboard more normies to create wallets and generate some tx lol
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Benido
@benido
His audience is not CT and his voters accept everything he says/ does. It’s also a cult and he’s basically got nothing to fear. I really don’t think this can backfire, even if the SEC investigated him. He will just slow walk the investigation and in courts and done…
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