Flying Squid@lemmy.world to News@lemmy.world · 1 month agoMore Than 800K Have Lost $2B on Trump’s Meme Coinwww.thedailybeast.comexternal-linkmessage-square72fedilinkarrow-up1441arrow-down18
arrow-up1433arrow-down1external-linkMore Than 800K Have Lost $2B on Trump’s Meme Coinwww.thedailybeast.comFlying Squid@lemmy.world to News@lemmy.world · 1 month agomessage-square72fedilink
minus-squareLimonene@lemmy.worldlinkfedilinkarrow-up69·1 month agoIt’s not a pump-n-dump this time. In my opinion, it’s a laundered bribe. The 800k victims were an unintended benefit.
minus-squareoverload@sopuli.xyzlinkfedilinkarrow-up23arrow-down1·1 month agoDefinitely this was a way for offshore third parties to give Trump money. Gotta say this is my least favourite use of crypto, but it is also the most valuable use case (for corrupt politicians).
minus-squaretreadful@lemmy.ziplinkfedilinkEnglisharrow-up8·1 month agoThe pump would be the bribe and the dump is them cashing out. Same thing with a bunch of suckers floating the value.
It’s not a pump-n-dump this time. In my opinion, it’s a laundered bribe. The 800k victims were an unintended benefit.
Definitely this was a way for offshore third parties to give Trump money. Gotta say this is my least favourite use of crypto, but it is also the most valuable use case (for corrupt politicians).
It can easily be both.
The pump would be the bribe and the dump is them cashing out. Same thing with a bunch of suckers floating the value.