← Back to context

Comment by insane_dreamer

1 day ago

His shitcoin was mostly benign -- ok, a pyramid scam, but not damaging to the country. The rest of what he and Musk are doing is real, lasting damage that will take a long time to recover from.

> His shitcoin was mostly benign -- ok, a pyramid scam, but not damaging to the country.

How do you figure? It used to be the President couldn't leverage his office to make money. Now he has multiple legal vectors to solicit a bribe. I say that damages the country greatly. And the fact that the president is literally launching scams -- what message does that say to other scammers?

  • I was thinking benign in comparison with all the other shit going on. But yes it certainly does enable/encourage the scammers (not that they needed encouragement). It mostly just affects Trump’s base which will get shafted and maybe serve to wake some of them up to the fact that they’re being scammed and then maybe things will change in the next election. When you hit people’s pocket books they forget about everything else.