https://www.theguardian.com/us-news/2025/jan/31/trump-cryptocurrency-republicans
created by 4inalfantasy on 01/02/2025 at 14:21 UTC
3022 upvotes, 91 top-level comments (showing 25)
Comment by Glittering_Animal_88 at 01/02/2025 at 14:42 UTC
685 upvotes, 9 direct replies
They don't give a fuck
Comment by AdhesivenessCivil581 at 01/02/2025 at 14:44 UTC
332 upvotes, 8 direct replies
Here's part of the description of the coin from CoinDesk.
Official Trump ($TRUMP) is a fungible cryptocurrency asset created on the Solana blockchain. It serves as a digital representation of support for the ideals and beliefs symbolised by the "$TRUMP" token and associated artwork. According to its creators, it is not intended to function as an investment vehicle, investment contract, or security. The token’s branding draws inspiration from former U.S. President Donald J. Trump.
They told them it's not an investment. Of course there's now a cult, trying thier best to convince each other not to sell
Comment by kajunkennyg at 01/02/2025 at 16:02 UTC
170 upvotes, 17 direct replies
There's no maga backlash, I watch all the podcast (JRE, PBD, Theo Von, Tucker, Flagrant, etc) and not one of them have even mentioned Trump coin. They have all kissed the fucking ring. Bro grifted the crypto world and everyone is scared to say anything as Trump dangles a strategic reserve over there heads. Fucking pathetic, I miss the days when those of us in crypto didn't want governments or banks involved at all.
Comment by kane49 at 01/02/2025 at 14:34 UTC
168 upvotes, 7 direct replies
yeah right.... like anything trump does could be met with anything but approval by maga.
Comment by uncapchad at 01/02/2025 at 14:30 UTC
60 upvotes, 4 direct replies
Trump "Bitcoin Strategic Reserve". Trump Media and Technology Group - creates shitcoins, buys ETH.
Comment by Less_Ant_6633 at 01/02/2025 at 17:30 UTC
10 upvotes, 0 direct replies
Maga backlash ? Lol. Sure.
Comment by JangusCarlson at 01/02/2025 at 17:13 UTC
8 upvotes, 1 direct replies
I don��t think this is a particularly political statement: trusting Donald Trump with anything related to your own finances is laughable and very bad idea.
Comment by coinfeeds-bot at 01/02/2025 at 14:30 UTC
31 upvotes, 3 direct replies
tldr; Donald Trump's launch of a "meme coin" cryptocurrency has sparked backlash among conservatives, including his own supporters. Critics, including ethics experts and members of the MAGA community, view the move as a financial scheme akin to a "ponzi scheme" and a "money grab." The coins have plummeted in value, leading to disappointment among those who hoped Trump would support the "American little guy." The Wall Street Journal and other conservatives have criticized the venture, citing potential legal and ethical issues. Trump's business empire continues to expand into the crypto space.
Comment by Every_Hunt_160 at 01/02/2025 at 14:59 UTC
25 upvotes, 4 direct replies
It is actually a surprise that some MAGA heads aren't completely blind to Trump's grift, I thought they would defend him at all costs
Comment by totemlight at 01/02/2025 at 15:27 UTC
8 upvotes, 0 direct replies
They’ll still line up and vote straight republicans in 2026. If everything he’s done didn’t sway them, this won’t either.
Comment by scraglor at 01/02/2025 at 22:21 UTC
4 upvotes, 0 direct replies
How many times can he screw money out of his supporter base over and over before they have had enough?
Comment by Bear-Bull-Pig at 01/02/2025 at 14:42 UTC
14 upvotes, 2 direct replies
Spolier there will be no backlash
Comment by Blueskyminer at 01/02/2025 at 15:01 UTC
11 upvotes, 4 direct replies
Meh. Good with anyone that voted for him getting fucked. No room for buyer's remorse.
If you bought that shitcoin, you're for a certainty regarded.
Comment by rasman99 at 01/02/2025 at 17:32 UTC
3 upvotes, 0 direct replies
Scammers gonna scam. It's in his DNA.
Comment by samcrut at 01/02/2025 at 21:02 UTC
3 upvotes, 0 direct replies
Trump's taking your money, and now he's coming for your guns. Y'all mad yet? I can feel your anger. Take your weapon! Strike him down with all your hatred, and your journey towards the blue side will be complete.
Hey. Nobody ever stopped fascism without getting a bit evil.
Comment by LordTrenbolone at 01/02/2025 at 21:28 UTC
3 upvotes, 0 direct replies
Did you guys really believe that he was going to be some honorable and moral ambassador for crypto and not continue his lifetime arc of being a conman and turning everything he touches into shit? Seems like that's on you.
Comment by Cmshillzabitch at 02/02/2025 at 00:40 UTC
3 upvotes, 1 direct replies
The cocksucker rugged the world and no one cares. How the Fk is a convicted felon that could not get hired at most American companies running the country?
Comment by kirtash93 at 01/02/2025 at 14:56 UTC
7 upvotes, 1 direct replies
The orange man always ruins everything.
Comment by getwhirleddotcom at 01/02/2025 at 18:10 UTC
3 upvotes, 0 direct replies
It's even more nefarious than cult. This is the perfect vehicle for foreign bribes.
Putin Oligarch to Trump Admin: *President Putin wanted to celebrate President Trump by investing (pumping) a couple hundred million into $TRUMP!*
Also Oligarchs: *Oh and it's really a shame what's going on in Ukraine*
Comment by LegendaryJohnny at 01/02/2025 at 16:52 UTC
2 upvotes, 0 direct replies
I had hopes that Trump with Musk behind his back trigger some kind of euphoria on the market. But they have just killed it completely.
Anytime Trump promises something just remember that Charlie Sheen story about Trump giving him fake worthless Rolex. And then decide if you trust this kind of shady person.
Comment by hydroawesome at 01/02/2025 at 18:12 UTC
2 upvotes, 0 direct replies
This is what did it for them? None of the other stuff? Ok
Comment by letsseeitmore at 02/02/2025 at 00:19 UTC
2 upvotes, 0 direct replies
Maga doesn’t give a shit what the grifter in chief does. They actively push for it.
Comment by Mammoth_Meat_8634 at 02/02/2025 at 01:48 UTC
2 upvotes, 0 direct replies
How to bankrupt a country in 4 years is what people voted for….😂
Comment by JAG_NG at 02/02/2025 at 03:33 UTC
2 upvotes, 0 direct replies
Grifter n chief.
Comment by BigSwibb at 02/02/2025 at 08:16 UTC
2 upvotes, 0 direct replies
Sadly ,this is proving the average crypto user to be gullible, stupid, and short sighted. Which we all knew already.