Trump Taps the Presidency for $$$$$Five Billion Net

[Phil1111 1,260]

Trump has pulled the handle on the presidential slot machine and raked in another $5 billion for his family. This brings his total net earnings since last fall to a neat $7.2 billion all juiced off the presidency. Merica there is no country like it. 

"Donald Trump and his family made approximately $5 billion on Monday when WLFI, the token associated with their crypto venture, World Liberty Financial, began trading on public markets. But World Liberty is far from the only crypto-based money-making business the president has going on right now. Indeed, it seems that on any given day, the leader of the free world—who once called Bitcoin a “scam” but is now “a big crypto fan” who wants to build a “strategic bitcoin reserve”*—is finding new opportunities to enrich himself through crypto dealings."

Face it Americans love to treat their convicted felons,...er... presidents in a kingly fashion. "In July, Trump signed into law the GENIUS Act, which makes it easier for banks and other financial entities to issue digital currencies known as stablecoins. During the signing at the White House, he told reporters: “I pledged that we would bring back American liberty and leadership and make the United States the crypto capital of the world. And that’s what we’ve done under the Trump administration.” (Critics were less enthused about the new law, with Carla Sanchez-Adams, senior attorney at the National Consumer Law Center, saying it would  “benefit only crypto-billionaires and large corporate actors while exposing ordinary consumers to incredible risk with no protection.”)"

Edited September 2 by Phil1111

[BIGUN 1,520]

9 hours ago, Phil1111 said:

senior attorney at the National Consumer Law Center, saying it would  “benefit only crypto-billionaires and large corporate actors while exposing ordinary consumers to incredible risk with no protection.”)"

^This, To me; that's not investing, that's 100% speculation during the gold rush. 

[dogyks 30]

3 hours ago, BIGUN said:

^This, To me; that's not investing, that's 100% speculation during the gold rush. 

Anyone want some tulips?

[Phil1111 1,260]

4 hours ago, BIGUN said:

^This, To me; that's not investing, that's 100% speculation during the gold rush. 

 

16 minutes ago, dogyks said:

Anyone want some tulips?

Agree, pyramid scheme, suckers game, there are hundreds of crypto schemes possibly thousands out there.

Foolish, greedy little pigs all waiting to get slaughtered. But face it be bibles, steaks, university, casinos, etc. Trump always makes out like a bandit.

[JoeWeber 3,019]

19 hours ago, Phil1111 said:

Trump has pulled the handle on the presidential slot machine and raked in another $5 billion for his family. This brings his total net earnings since last fall to a neat $7.2 billion all juiced off the presidency. Merica there is no country like it. 

"Donald Trump and his family made approximately $5 billion on Monday when WLFI, the token associated with their crypto venture, World Liberty Financial, began trading on public markets. But World Liberty is far from the only crypto-based money-making business the president has going on right now. Indeed, it seems that on any given day, the leader of the free world—who once called Bitcoin a “scam” but is now “a big crypto fan” who wants to build a “strategic bitcoin reserve”*—is finding new opportunities to enrich himself through crypto dealings."

Face it Americans love to treat their convicted felons,...er... presidents in a kingly fashion. "In July, Trump signed into law the GENIUS Act, which makes it easier for banks and other financial entities to issue digital currencies known as stablecoins. During the signing at the White House, he told reporters: “I pledged that we would bring back American liberty and leadership and make the United States the crypto capital of the world. And that’s what we’ve done under the Trump administration.” (Critics were less enthused about the new law, with Carla Sanchez-Adams, senior attorney at the National Consumer Law Center, saying it would  “benefit only crypto-billionaires and large corporate actors while exposing ordinary consumers to incredible risk with no protection.”)"

What the hell? Trump has 5 Billvon’s? Now I’m pissed.

[Phil1111 1,260]

"This summer, Steve Witkoff, President Trump’s Middle East envoy, paid a visit to the coast of Sardinia, a stretch of the Mediterranean Sea crowded with super yachts.

On one of those extravagant vessels, Mr. Witkoff sat down with a member of the ultrarich ruling family of the United Arab Emirates. He was meeting Sheikh Tahnoon bin Zayed Al Nahyan,...Over the past few months, Mr. Witkoff and Sheikh Tahnoon had ..become business partners, testing the limits of ethics rules while enriching the president, his family and his inner circle, ...

At the heart of their relationship are two multibillion-dollar deals. One involved a crypto company founded by the Witkoff and the Trump families that benefited both financially. The other involved a sale of valuable computer chips that benefited the Emirates economically....

One of Sheikh Tahnoon’s investment firms would deposit $2 billion into World Liberty Financial, a cryptocurrency start-up founded by the Witkoffs and Trumps."

All in exchange for approvals by the US government to sell chips to the UAE for their AI program.

Cha-ching the Trump cash register keeps ringing every day..