Sure, because promoting a taxpayer-backed cryptocurrency reserve is a great idea. The Grifter in Chief is at it again, tackling our most pressing societal issues.
And then you have Musk calling the Social Security Administration a giant Ponzi scheme. THIS is the definition of a Ponzi scheme.
@briankrebs you know he and his cronies bought the dip (it dropped below 80k this past week) and are going to dump Monday, making a tidy 25% profit.
And, what do they care if it wastes a few hundred billion tax payer dollars, and fleeces a bunch of retail investors who didn't have insider info?
Huge jump, but 10% on an announcement like he made is nothing to write home about.
Bigger speculation is all the mass movement of tokens over the previous week. I read about HUGE movements in advance of this, which is the real feathering of beds for ‘those in the know’
what goes up...
@briankrebs The #Republican Speaker of the House, today🇺🇸 Mike Johnson lied on live T.V📺 🤦🏼 and said🗣️ “Senator Murkowski's view on this is plainly wrong. The person who walked away from the table was President Zelensky…” 
Not True: Remember JD Vance 🗣️ slammed #Zelensky for lack of gratitude🙏🏼 berated for not wearing a suit👔 @ 🥺the Oval Office, then after #Trump😡refused to sign the deal and kicked🇺🇸 🛫Zelensky out of the #Whitehouse.
In 12 months time, the country as it's known now won't exist any longer, and with it's being gone, so is the super power status.
😂 I didn't say that it'll last that long.
My hunch is it will happen at the latest this fall, at least the cracks that cannot be papered over. The collapse can happen very quickly then.
It could be that we Europeans will still make it with the EURO as the world's reserve currency. But only thanks to Trump.
@Buugman @briankrebs Are you sure about that? I thought it was crime victims.
US authorities have confiscated significant amounts of cryptocurrency. That used to be sold eventually, with the proceeds going to victims of crime.
Hasn't Trump been planning to stop selling and keeping to cryptocurrency for his "strategic reserve" instead?
That would not cost the taxpayer, but it would cost victims of crime. Which is very much in line with thug thinking.
@MaSiKa69 @TallSimon @briankrebs
He will trade the Gold in FT. Knox!
A Cow & 6 Magic beans.
@briankrebs
Musk: Look! A Ponzi Scheme! *Points at Social Security*
Trump: Pumps real ponzi scheme while no one notices
@briankrebs when your in charge you can crash the economy, pump up a fake safe haven for people's money, then dump it before they wake up.
The real reason that cryptocurrencies are effective cons - they trade overnight.
@briankrebs we call this "Enkeltrick" (grandchild trick) in Germany. It's when thugs call old geriatric people and say, they are grandchildren that need money for the car, the doctor, ... You Name it
I bet, you have a name for this too.
@briankrebs Yeah you go ahead with that #america.
Fwiw as a dutchman I can say we tried this already. And it didn't go so well.
https://en.wikipedia.org/wiki/Tulip_mania
But then, that's just some woke history thing and hey, who needs that when you have a stable genius supreme leader.
So yeah, go right ahead with that
https://www.nytimes.com/2024/11/06/technology/crypto-industry-spending-election.html
https://www.politico.com/news/2024/03/09/crypto-super-pacs-ohio-montana-00146138
"Yet more foreign money will flood into American elections. The opportunities for public corruption are endless.
Musk's China investor, Binance, looks forward to the inevitable financial crash & taxpayer funded government bailout.
Russia, Saudi Arabia, & #KochNetwork appreciate the rising electricity utility rates & wasteful fossil fuel usage. "
https://newrepublic.com/article/192008/trump-musk-scandal-corruption-crypto
1/2
If I have no cryptocurrency, how will I pay my taxes?
But, I do not want to participate in a Ponzi scheme.
@briankrebs
Boy, look at those egg prices go up instead of down.
At least Donald Trump is focused like a laser beam on the issues that matter to Americans.
@briankrebs
Organized crime is in the (White) House!
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