A new histoical low for Americans. Trump first POTUS to line up a rug pull.
On the upside. Not sure he will be able to make this an "official duty" no matter the mental gymnastics.
41-45, M
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justanothername · 51-55, M
PicturesOfABetterTomorrow · 41-45, M
@justanothername It is not about politics. He's setting up a crypto meme coin which 99.9% of the time are scams.
He is busy tweeting about it.
He is busy tweeting about it.
justanothername · 51-55, M
@PicturesOfABetterTomorrow So what’s a rug pull in crypto terms?
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justanothername · 51-55, M
@PicturesOfABetterTomorrow almonds like a Ponzi scheme then but only the founder makes money?
PicturesOfABetterTomorrow · 41-45, M
@justanothername Basically a Ponzi in a new space where it is not illegal yet.
Usually there is a team of people behind it. The tech person who creates the "product" (there is some technical know how required), a famous person who attracts the suckers and usually a small number of people who are also in on the scam.
Usually there is a team of people behind it. The tech person who creates the "product" (there is some technical know how required), a famous person who attracts the suckers and usually a small number of people who are also in on the scam.
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PicturesOfABetterTomorrow · 41-45, M
@justanothername Probably. Steve Bannon scammed them the first time with a bogus crowd funding campaign for the border wall.