Jimmy Carter sold his fucking peanut farm, and now this is the point we’re at.
And doesn’t get his 30 days of mourning. Because Carter can’t even get a fucking break after he dies.
Everyone should post nothing but Carter and King tributes today instead of talking about the coronation.
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Sometimes I wonder what it must be like to go through life without a sense of shame.
It actually seems like it feels pretty great. The downside is you’re probably some degree of sociopath or other disorder. But I’m neither qualified nor experienced to diagnose.
Maybe, but neither Trump nor Melania look like they feel great.
A friend and I were discussing this. It seems like these days it’s more rewarding, objectively, to be a shitbag than to actually be a good human. We’re constantly being played for suckers despite having morals. Everyone else is cheating in this tragedy of the moral commons.
There’s a selection bias, we usually hear about the most successful shitbags. Most ordinary shitbags live pretty terrible lives. Just look at the life of the typical red state resident. Usually working their ass off in a blue collar for some plutocrat who abuses them, subjected to country music all day long. Almost makes me feel bad for them.
Most ordinary shitbags live pretty terrible lives
Same goes for most ordinary non-shitbags.
The point is, just because one shitbag gets away with it, that shouldn’t motivate you to also become a shitbag.
There have been studies done that show that the prevalence of Dark Triad traits rises, the higher you look in a hierarchical structure. C-suites have roughly three times the prevalence of these traits compared to the general population. The selection is being done by the system.
Other societies (as an anecdotal example, the Inuit) have ways of removing such individuals from the population because of the damage they do to group survivability. Take one out ice-fishing, push him in the hole, 3 minutes later, problem solved.
I hope you don’t think this is just a recent thing…
At some point there will be a correction and history will not look kindly on these people.
Dude people have been waiting for that since before Jesus Christ.
I don’t give a toss what history will do. It’s up to us.
Victors wright the history books my friend
Enter the church
It has always been like that.
I returned, and saw under the sun, that the race is not to the swift, nor the battle to the strong, neither yet bread to the wise, nor yet riches to men of understanding, nor yet favour to men of skill; but time and chance happeneth to them all.
The sci-fi books/series “The Expanse” features a rogue lab where all the scientists got the part of their brain responsible for empathy intentionally destroyed.
I sometimes think about that and wonder what it would be to be like that. How easy it would be to make a ton of money. And how sad it must be for these people to live only for themselves.
Isn’t calling it a meme supposed to be the quiet part? I thought we called them “meme” coins because everybody was in agreement that the coin wasn’t meant to be taken seriously?
Nah, you call it a meme so everyone doesn’t look at it too closely.
It’s like the typos in scam emails and texts.
The people that would actively investigate such a thing dismiss it immediately.
The stupid people buy right into it.
I think Elon has already bought himself a bit of Melania…
He’s more interested in doggy trump
Nah, that’s just his current pet. Once he doesn’t find a use or loses interest he’ll move on. Maybe he’ll stay close to usurp the cult once Trump croaks.
Smellania?
Smellania and Strump, shitting in a stree.
I can’t not see Smelania now.
Smelania? That’s not very nice.
…And that’s not the Onion? Looks like she is laughing so hard at the idiot peasants getting rug-pulled already in that pic.
And also: “you can buy Melania”? Um, phrasing?
We already knew that. Or at least, rent.
The disclaimer Novak referred to in his skeet (the generally accepted term for a Bluesky post) …
who has accepted this term? i want names
skeet (the generally accepted term for a Bluesky post)
Can we just agree that they are all just “posts”? No more “tweets”, “Toots”, “xeets”, etc… it’s just a post.
I think most people use skeet as a joke
History from someone who moved to the platform early on:
A lot of the early adopters were the queer and trans community, first to leave Twitter after Musk’s meddling and most sensitive to the changes he was making. (In this context I don’t mean sensitive as in “snowflake”, I mean sensitive as in “aware of inevitable changes and resultant catastrophe” - when someone shits in the pool you don’t wait wait for the water to turn brown). They took the gross out humor and used it as a ward to keep some of the other elements from following over. Now they defend the term as history.
I don’t particularly agree, I understand the basis for it but ugh, it’s still gross. I keep advocating for “bleats” which kind of works as “Bluesky tweet” and leans into us all being sheep; something I find cute and take no offense at because it’s a toothless insult wielded by deeply unserious people. Alternatively, I think we should’ve just straight stolen tweet since the trademark or whatever has been abandoned at this point (???). Failing that, I’ll probably resort to just calling them posts, there’s no point in fighting momentum like this and I imagine it’ll probably settle down onto something else once the platform gets over its first wave of serious growing pains … if it lives that long.
Wtflol
Look at the bright side: only a die-hard magard would fall for this grift. So when Trump pulls the rug, the magards will finally realize they’ve been took.
In other words, Trump is innoculating his own followers with the cure for Trumpism.
So when Trump pulls the rug, the magards will finally realize they’ve been took.
Bless your heart.
No, no it will be the democrats’ fault somehow. Or brown people. Or both. Probably both.
the magards will finally realize they’ve been took
No they won’t. They will line up for the next one. The only reason they will ever stop is because they have nothing left. And then when they have nothing they will blame immigrants, woke, Soros, or whoever for their lot in life.
There are people who exist in this world who can not comprehend that the actions they take lead in part to the consequences that follow. The only thing that can be done is to watch from the side them losing everything and then getting out of the way as best one can in their fit of rage.
Sort of like a person with a gambling addiction putting the last $10k of their life savings into a slot machine. We know what’s going to happen, there is nothing that can stop it from happening.
This was a money laundering scheme. Foreign governments and companies (foreign and domestic) who want favor with trump are the ones who bought in.
Nah. They’ll double down to own the libs
Oh yeah because this is totally the first time ever that he’s fucked them over.
Trump has been running the same scams for decades. There’s probably tons of bag holders for his NFT scam that are loading up on TRUMP and MELANIA. He’s got a whole mailing list of gullible marks and he keeps butchering that pig until there’s nothing left.
He’ll just gish gallop his way out of it. Whatever smoke screen he comes up with will make his followers lose focus on all the money they have lost. Example:
Oh wow, look at this immigrant caravan from Panama. Let’s invade and stop them.
Or he’ll just claim he wasn’t a part of it and “some very bad people” are the ones responsible for their losses.
Don’t worry, the DOJ under President Trump wl prosecute those responsible.
Namely the reporters making these allegations.
Please correct me: is this nothing but entirely fake money?
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I read your comment, thought it’s impossible that you’re right, and took a beat to verify. You’re entirely correct. Crypto truly is this stupid.
The same method is used to determine market cap of publically traded companies. Whatever the most recent trade price was * total number of shares = what the company is supposedly worth.
Non-rigged markets tend to also require a minimum trade volume, restrict insider trading, and keep a close watch to prevent pump-and-dump and similar scams.
Clean, open markets are regulated. That’s why the scammers to go the crypto markets: they’re opaque, rigged, and free of those inconvenient fraud-prevention rules
This was a blatant way to allow people to donate to Trump while skirting existing campaign finance laws. Get his buddies to buy his meme coin for exorbitant prices, and now he gets to keep the money because he “sold” something and it’s not a bribe.
Great! Now we need to fix the tax code so you have to declare that as income, and it’s taxed progressively. That would pretty quickly put the kibosh on these scams.
Short term capital gains already are taxed as income. I doubt anyone is holding these rug pull coins for more than a year.
It’s like those terrible celebrity endorsed/named perfumes and other product.
Being sold like stocks
But with no physical product even a shitty one
Yes and no.
It’s a collection of numbers with properties related to how they’re found that make them difficult to counterfeit, and the way they’re recorded makes it difficult to steal. This, as well as a handful of other properties, give digital currencies behavior not entirely unlike the things that make cash useful.
Unlike money, it’s not backed by a government. This means that it’s much more volatile in terms of value. Say what you will about the state of the US, it’s unlikely that the dollar will significantly change value over the next year. It’s essentially guaranteed that the price of every cryptocurrency will be wildly different a year from today.
Put them together and you’ve got a wonderful vehicle for laundering money or bribery, which is what this all is.
The other key aspect of money that it’s missing is being generally useful outside of speculation. I can reliably use my dollars to pay for goods and services, and most significantly to pay taxes and satisfy debts in the eyes of the law. Cryptocurrency is inevitably either instantly converted to money once someone gets it, or it’s held onto under the assumption it’ll be worth more later.
Money has value because it gets you “stuff”. Cryptocurrency has value because it gets you money.
It’s fake money, but it’s a very complicated and realistic fake money.
People acting like cryptocurrency isn’t just a security backed by thin air really drives me up the wall.
Crypto is a mirage and when it crashes people will all be wondering, “damn how were we this naive.”. But humans are great at playing make believe so who knows. But acting like the USD and Bitcoin are the same is lunacy.
Like you said one is money, the other you hold onto and want to turn into money.
Cryptocurrency is inevitably either instantly converted to money once someone gets it, or it’s held onto under the assumption it’ll be worth more later.
Money has value because it gets you “stuff”. Cryptocurrency has value because it gets you money.
With one notable exception…when it is actually used as a medium of exchange, to buy drugs on the internet. (Which the vast majority of crypto is not used for, especially shitcoins like Trump’s scam.)
Drugs and money laundering, and I am very sure the latter is going on with this, by design.
I don’t know if this one is more money laundering or bribery or both, but it’s clearly something in that ballpark, yeah.
Yeah and you’re a fool if you use Bitcoin for that purpose
That would be what XMR is for
I truly have no idea what that means… Unrelated, but I recently got into a tragic boat accident.
Fake money spends.
Nobody launders money like Donald Trump. Simply the best
“Let me tell you, folks, this, what we’re seeing right now, it’s HUGE, okay? I mean, some people are saying—and I don’t know, but they’re saying—it could be the biggest rugpull in the history of rugpulls. Tremendous potential. Absolutely tremendous. Nobody’s ever seen a rugpull like this before, believe me.”
This is not a rugpull but a readjustment. The purpose of this coin and Melania’s coin is to get around laws preventing foreign sources from donating to or bribing Trump.
Well yes and no. It’s a way for foreign countries to launder their bribes. They “buy” the coins knowing he will get the money. The quasi-rug-pull part is him extracting the laundered money. Everyone, except his shit-head followers, understands this.
I suspect this coin might not be a complete rugpull though. I suspect the rugpull cones at the end if his term or when he dies whichever comes first.
No sympathy. Fuck everyone who paid Trump for this shit, I hope they needed that money.
The problem isn’t that idiots are throwing their money away. It’s that foreign governments and bad actors can give Trump money this way.
Hmm, true
Yeah same, I really really really wish a necessary and life-saving surgery they now cannot afford to each and every wanker that paid into this crap.
The first I heard of Trump’s memecoin was a headline declaring it was worth $25 Billion. I’m a pretty online person, so I tend to hear about these things pretty quickly. The article said it was worth $9 billion in 12 hours.
$9 billion is an unimaginable amount of money for any number of people to decide to “invest” in under 12 hours. The only way I can explain that happening is if many, very wealthy people, had been notified about the coin going up for sale ahead of time and wanted to curry favor with Trump.
What a fucking embarrassment this country is.
People have not actually put $9 bn into it. The value is crudely extrapolated from price and volume, but there’s nothing actually there.
I guess that makes sense. So if they only sell 1 coin out of 1 million and they sell it for $100 then they can walk around saying the lot of coins as a whole are worth $100 million? (obviously a simplified example)
I’m not even sure which exchange(s) it is on? I wonder if it’s almost entirely about laundering money and almost none of the peasant redhats put money into it.
It’s entirely for foreign governments to bribe him and nothing else.
This is the Rug Pull Administration, after all. Might as well kick it off with really, really big and obvious grift.
It’s not dumping if it was money laundering all along.
Who cares? He’s gonna get away with all of it
Unless and until he is stopped. I wonder if anyone is trying to take down the exchange?
On closer inspection the rug has been made with a row of pulleys which were attached to f350’s rolling coal. So you can understand the suprise.
