The Trump family’s embrace of cryptocurrency is not a passing fad or opportunistic grab, but rather the predictable outcome of decades of financial institutions being weaponized against conservatives.
I heard Eric Trump say that after Jan.6th, some 300 of their accounts were canceled overnight with no warning. They couldn't pay vendors or employees. The big banks have awakened a sleeping crypto giant in the Trumps. You love to see it.
Blame? Bitcoin has been around for a considerable time, well before Trump. The huge “valuations” are the domain of speculators counting on the bigger fool theory. Stablecoins are backed by various financial issuers and users depend on that institutional honesty. Any blame remains with users and loss of trust.
Awesome! I don't understand Crypto but more power to those who do.
I heard Eric Trump say that after Jan.6th, some 300 of their accounts were canceled overnight with no warning. They couldn't pay vendors or employees. The big banks have awakened a sleeping crypto giant in the Trumps. You love to see it.
What if cryptocurrency turns out to be a new Ponzi scheme? Who gets the blame?
Blame? Bitcoin has been around for a considerable time, well before Trump. The huge “valuations” are the domain of speculators counting on the bigger fool theory. Stablecoins are backed by various financial issuers and users depend on that institutional honesty. Any blame remains with users and loss of trust.
Not the Trump family, that's for sure.