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Trump launched a “crypto platform” called The DeFiant Ones

Discussion in 'Too Hot for Swamp Gas' started by WarDamnGator, Sep 3, 2024.

  1. WarDamnGator

    WarDamnGator GC Hall of Fame

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    DeFi, short for Decentralized Finance, is the Wild West of finance, with all sorts of fraud wrapped in promises of outrageous investment returns…. A lot of it is basically illegal unregistered securities trying to skirt banking laws.

    With Trump involved, I’m sure this is going to end well…

    Trump promotes family's new crypto platform, 'The Defiant Ones'
     
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  2. VAg8r1

    VAg8r1 GC Hall of Fame

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    I wonder if any of the graduates of Trump University will avail themselves of the latest opportunity offered by the stable genius or maybe some of the investors in DJT will cash out and reinvest their profits in The Defiant Ones. It would seem that any rational investor would have a learned a lesson from Trump's first publicly traded company.
    [​IMG]
    or in DJT
    Trump Media stock slides to new low since it began trading publicly
     
    Last edited: Sep 3, 2024
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  3. SotaGator

    SotaGator Junior

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    Is this Eric's idea or Baby Boy Barron's little project?
    Generational grifting at its finest!
     
  4. WarDamnGator

    WarDamnGator GC Hall of Fame

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    I read it might be tied to the idea of selling “virtual real estate” in imaginary VR cities. Something that seemed to be popular in 2021 but hasn’t caught on. The whole idea of building a “metaverse” seems to have just died a couple years ago.

    Buying Virtual Land in the Metaverse | The Motley Fool
     
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  5. enviroGator

    enviroGator GC Hall of Fame

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    Another day, another way for Trump to grift and take bribes.
     
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  6. WarDamnGator

    WarDamnGator GC Hall of Fame

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    I guess he held a press conference today to announce this, but changed the name to World Liberty Financial. Because, you know, he's taking his run for president very seriously. Given how these things have been ending up lately, this might be the thing that lands all the Trump's in prison ... would love to see it. You know for them it's just another money grab scam. Erics all in, so you know it's going to be great...



    Donald Trump launches new business as election race heats up - TheStreet
     
  7. gator_jo

    gator_jo All American

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    I, for one, am absolutely OUTRGAED over this! Because of the name!

    Since when does Trump care about the damn rest of the world? As he shouldn't! America first, baby! 'Murica!!!!!!!!!!!!

    World Liberty Financial.......what do we care if the rest of the world has any....liberty? We just need all those grifters to pay their damn bills!!
     
  8. BigCypressGator1981

    BigCypressGator1981 GC Hall of Fame

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    How does one go about betting against the success of a cryptocurrency platform?
     
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  9. channingcrowderhungry

    channingcrowderhungry Premium Member

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    Bottom of a pint glass
    You can short a crypto if u want
     
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  10. BigCypressGator1981

    BigCypressGator1981 GC Hall of Fame

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    on regular trading platforms?
     
  11. channingcrowderhungry

    channingcrowderhungry Premium Member

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    Bottom of a pint glass
    Not sure. I'm not a short guy. Don't you just borrow, buy, and hope it drops?
     
  12. dangolegators

    dangolegators GC Hall of Fame

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    It's a shame they had to use the name of a really good movie for this garbage.

    The Defiant Ones
     
  13. exiledgator

    exiledgator Gruntled

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    If it runs like DJT, it may be worth throwing some Gourdes at this. It'll probably pop then tank.

    The grifters won't be subject to any pesky SEC rules with this, so they can sell any ol time.
     
  14. WarDamnGator

    WarDamnGator GC Hall of Fame

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    Last edited: Sep 16, 2024 at 8:35 PM
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  15. VAg8r1

    VAg8r1 GC Hall of Fame

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    From the same guy who brought you Trump University and Truth Social (trading under the symbol DJT).
    upload_2024-9-16_20-40-46.png
    And let's not forget Trump Hotels and Casino Resorts
    [​IMG]
    Trump was actually right about crypto at one time and then he realized that he could monetize the scam himself.
    How Trump Reversed Course On Crypto—As He Debuts His Own Platform
    Trump Used To Think Crypto Was A 'Scam' — Now He's Launching His Own Crypto Platform Run By His Sons
     
    Last edited: Sep 16, 2024 at 8:48 PM
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  16. chemgator

    chemgator GC Hall of Fame

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    It is a very simple scheme. You send in your defiant hundred dollar bills, and they send you their defiant ones, which are worth more coin than you can imagine, yet, less than you would hope.
     
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  17. chemgator

    chemgator GC Hall of Fame

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    It is a little surprising that someone so close to the crypt is starting up a crypto platform. I would expect that a klepto platform might be more appropriate, with all of the grifting and taking going on during Trump's political career.
     
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  18. gator_jo

    gator_jo All American

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    I'm just really glad that Barron is getting his well deserved shot at making an honest buck in the business world. He's worked hard to earn this - he really deserves this opportunity.
     
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  19. RIP

    RIP I like touchdowns Premium Member

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    Grifters gonna grift
     
  20. Gatorrick22

    Gatorrick22 GC Hall of Fame

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    Yay, more nonpolitical tripe about Trump...
     
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