As if anyone actually saw it as anything other than a channel for bribes?
…what exactly were they expecting?
Depends on the “investor” and their purpose for “investing”.
I’m sure a bunch of MAGA boomers thought they were investing and got rooked.
But everyone else knew they were paying a bribe designed to transfer assets to the Trump family in exchange for “favors” on whatever corrupt dealings they were aiming to influence.
Crypto doesn’t magically create money. That money came from other poor suckers.
Calculated (literally)
The White House said there are no conflicts of interest involving the president or his family in these transactions.
L…o…l
… Which I now realize looks like a stick dude throwing their arms up in resignation, which is about right.
It’s good for bitcoin I guess.
