Welcome home, fellow Gator.

The Gator Nation's oldest and most active insider community
Join today!

Crypto Bros- "It Makes It all Look Corrupt"

Discussion in 'Too Hot for Swamp Gas' started by G8trGr8t, Jan 25, 2025.

  1. G8trGr8t

    G8trGr8t Premium Member

    34,464
    12,399
    3,693
    Aug 26, 2008
    Maybe there is hope for deprogramming after all. If Crypto Bros can see that the fat orange man has no robes, hopefully others will too. 100% transactional, 0 loyalty, 0 empathy

    'It makes it all look corrupt': Trump-supporting exec turns on him over 'cash grab'

    The Times is reporting, "Crypto executives criticized the move as a cash grab, saying that Mr. Trump had undercut the industry’s credibility at the very moment when proponents were seeking a more prominent place for digital currencies in mainstream finance and business," after it "created a brief and highly publicized bubble that partly deflated within a few days even as Mr. Trump’s family and its business partners collected millions of dollars from fees on purchases and sales of the coin."

    According to vocal Trump-backer Nic Carter, who heads the crypto investment firm Castle Island Ventures, the president, at a time when he is attempting to boost crypto in the halls of government, is instead making it look like a scam.

    “It makes it all look corrupt and self-interested,” he told the Times, with the report adding that after the launches, "the industry’s enthusiasm for Mr. Trump turned to fury."

    According to the Times, "Justin Bons, a crypto executive, said the back-to-back memecoin announcements were 'nothing more than blatant money grabs.'"
     
    • Agree Agree x 1
  2. 108

    108 Premium Member

    18,269
    1,251
    1,313
    Apr 3, 2007
    NYC
    Can’t make money without fools giving it up..
     
  3. ufhomerj31

    ufhomerj31 GC Legend

    701
    90
    128
    Jan 5, 2010
    Forget crypto, I am stocking up on Trump watches.
     
  4. coleg

    coleg GC Hall of Fame

    2,224
    825
    1,903
    Sep 5, 2011
    Grifters gonna grift.
     
  5. G8trGr8t

    G8trGr8t Premium Member

    34,464
    12,399
    3,693
    Aug 26, 2008
    they are NOT, wink wink, for collectibles..it's actually the disclaimer on something trump hawks