Trump’s Crypto Dealings Now Have the Perfect Cover

Submitted ⁨⁨6⁩ ⁨months⁩ ago⁩ by ⁨AcidiclyBasicGlitch@sh.itjust.works⁩ to ⁨technology@lemmy.world⁩

https://www.theatlantic.com/technology/archive/2025/09/trump-crypto-world-liberty-financial/684130/

Link without paywall: www.theatlantic.com/technology/archive/…/684130/

The Trumps have never been known for their subtlety: They like to do things fast, big, and loud. This is especially so in the context of cryptocurrency, a noisy and chaotic industry by nature. Remember our president’s collection of NFTs? Among the depictions on these digital trading cards is a portrait of Donald Trump in an Iron Man–inspired suit, accompanied by the caption “SUPERTRUMP.” Or how about the $TRUMP meme coin and accompanying gamified gala dinner for its biggest investors

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technocrit@lemmy.dbzer0.com ⁨6⁩ ⁨months⁩ ago
People who think crypto is a “pyramid scheme” or whatever fail to realize that capitalism is a pyramid scheme. And stuff like this… Is exactly why crypto will continue to succeed under capitalism.

It’s a casino economy. Our lives have already been sold for chips. The branding of the chips doesn’t actually matter but improved technology does.

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rayyy@piefed.social ⁨6⁩ ⁨months⁩ ago
Losers gunna stick with losers though.

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PattyMcB@lemmy.world ⁨6⁩ ⁨months⁩ ago
Is that the cover that literally everyone can see through?

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- AcidiclyBasicGlitch@sh.itjust.works ⁨6⁩ ⁨months⁩ ago
  I honestly wonder if the “AI” data centers were always just meant to be used for crypto mining.
  
  Like that was the true reason they had to build so much hype around AI, knowing we were nowhere near the point of actually achieving AGI.
  
  Like I’m sure they will still be spying on everyone and dumping their data into these places to try to eventually reach it, but that was always secondary to having $10B data mining factories the size of Manhattan in places like Louisiana.
  
  They’re finally admitting “Ok yeah we goofed on the whole AI thing lol, our bad” but we’re still going ahead with the data centers for some reason. Also, that $10B Meta data center has suddenly increased to a $50B “investment” from the U.S. tax payers within days of Fuckerburg announcing he’s freezing his own company’s spending spree on AI due to his fears of a bubble??
  
  But nobody really noticed because this is literally being built in one of the poorest states in the U.S.
  
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- Shady_Shiroe@lemmy.world ⁨6⁩ ⁨months⁩ ago
  I feel like everyone treats Donald Trump like a kid, whenever he closes his eyes, everyone goes “Where did he go, I can’t find him, oh there he is, oh and he’s gone again”
  
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Darkcoffee@sh.itjust.works ⁨6⁩ ⁨months⁩ ago
And that cover is the Supreme Court.

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just_another_person@lemmy.world ⁨6⁩ ⁨months⁩ ago
Scammy scammers scamming. Ain’t nothin’ changed.

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