• garretble@lemmy.world
    link
    fedilink
    English
    arrow-up
    153
    ·
    4 months ago

    “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.

    • TimLovesTech (AuDHD)(he/him)@badatbeing.social
      link
      fedilink
      English
      arrow-up
      16
      ·
      4 months ago

      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”.

  • EndOfLine@lemmy.world
    link
    fedilink
    English
    arrow-up
    125
    arrow-down
    1
    ·
    4 months ago

    “… 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.

    • Wrench@lemmy.world
      link
      fedilink
      English
      arrow-up
      29
      ·
      4 months ago

      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.

    • Billiam@lemmy.world
      link
      fedilink
      English
      arrow-up
      6
      ·
      4 months ago

      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.”

  • NoForwardslashS@sopuli.xyz
    link
    fedilink
    English
    arrow-up
    106
    ·
    4 months ago

    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.

  • dhork@lemmy.world
    link
    fedilink
    English
    arrow-up
    64
    arrow-down
    1
    ·
    4 months ago

    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.

    • dch82@lemmy.zip
      link
      fedilink
      English
      arrow-up
      19
      arrow-down
      2
      ·
      edit-2
      4 months ago

      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.

      Stonks meme but its trump

    • MajorHavoc@programming.dev
      link
      fedilink
      English
      arrow-up
      5
      ·
      4 months ago

      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.

    • Azal@pawb.social
      link
      fedilink
      English
      arrow-up
      3
      ·
      4 months ago

      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.

    • Rai@lemmy.dbzer0.com
      link
      fedilink
      English
      arrow-up
      3
      ·
      4 months ago

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

  • Ultraviolet@lemmy.world
    link
    fedilink
    English
    arrow-up
    55
    ·
    4 months ago

    “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?

  • conciselyverbose@sh.itjust.works
    link
    fedilink
    English
    arrow-up
    39
    ·
    4 months ago

    I know this is a crazy ask, but could we maybe have a presidential candidate not openly telling us he’s committing fraud while he’s on the campaign trail?

    • IllNess@infosec.pub
      link
      fedilink
      English
      arrow-up
      40
      ·
      4 months ago

      Jimmy Carter gave up his peanut farm when he became president. After his presidency, Rosalynn and Jimmy spent their time building affordable housing. Rosalynn passed away last year on November 19. at the age of 96. They were married for 77 years.

      Crazy how some people view what a good leader is now…

  • Bruhh@lemmy.world
    link
    fedilink
    English
    arrow-up
    38
    ·
    4 months ago

    Goddamn it would be so fucking easy to scam maga shitheads if I didn’t have morals

    • Queen HawlSera@lemm.ee
      link
      fedilink
      English
      arrow-up
      12
      ·
      4 months ago

      Right? I’d just sell them N-Word Passes and claim “Naw bro, Trump signed them and everything, these are real.”

    • Azal@pawb.social
      link
      fedilink
      English
      arrow-up
      11
      ·
      4 months ago

      Hell, I think my biggest problem is I can’t think of anything dumb enough before they’ve already got it

      I used to think I was a pessimist. But now after multiple “There’s no way people are that dumb” and being wrong I must be an absolute optimist.

  • Cethin@lemmy.zip
    link
    fedilink
    English
    arrow-up
    37
    ·
    4 months ago

    It is a significant departure from Trump’s previous stance on cryptocurrencies during his stint in the White House when he called bitcoin a scam.

    Is it a departure? Trump running a scam seems perfectly in line with his previous stance.

    • lepinkainen@lemmy.world
      link
      fedilink
      English
      arrow-up
      6
      arrow-down
      1
      ·
      4 months ago

      He got paid by crypto bros, now he is pro crypto.

      He was anti-EV until Elon paid him to care.

      If he gets elected Putin will pay him to pull US support from Ukraine.

      That’s how he works

    • Aceticon@lemmy.world
      link
      fedilink
      English
      arrow-up
      2
      ·
      4 months ago

      People are presuming he used the word “scam” as most people do - with negative connotations - when, Trump being Trump it’s likely that the only negative thing he sees in a “scam” is him not making money from it.

  • Snapz@lemmy.world
    link
    fedilink
    English
    arrow-up
    27
    ·
    4 months ago

    Next test of the cult… are you fucking people actually about to line up to trust your financial future to dumb dumb eric trump and sniff sniff don Jr?

    • Azal@pawb.social
      link
      fedilink
      English
      arrow-up
      2
      ·
      4 months ago

      Personally I hope so. They’re burning the world, it’ll at least be fun to watch them flounder in the process.

      • Cethin@lemmy.zip
        link
        fedilink
        English
        arrow-up
        3
        ·
        edit-2
        4 months ago

        Except the Trumps get rich off of it. I don’t know if the stupid people losing out so the rich assholes can gain is ideal for me. I’d rather the stupid people keep their money.

  • MajorHavoc@programming.dev
    link
    fedilink
    English
    arrow-up
    23
    ·
    edit-2
    4 months ago

    There’s likely some outright criminals who can’t easily send their dirty traceable money into politics directly to buy favors. Seems to me that this helps “solve” that.

    I, personally, imagine high odds of a combination of:

    • overt intentional crime happening in un-subtle ways
    • disallusioned operational staff with no real reason for loyalty
    • failure to stop at various “don’t do this or we will get caught” lines

    If I were any kind of federal investigator, I would look into this with great interest.