Trump promotes family’s new crypto platform, ‘The Defiant Ones’

[Rexedgar]

On a tangent:

Scaramucci has been promoting crypto almost since his departure from the Trump Administration. I’m a skeptic…….

 

[zincwarrior]

It's not even an actual Crypto currency. It's an exchange.

Don't tell @dmpi.

Thats two entire levels of "I don't know what that means but it sounds like a Felony," to me...

 

[Nomad4Ever]

Finally! I've been waiting for the right place to sell my Trump NFTs.

 

[eohrnberger]

There is a very good reason why Trump is promoting crypto currency and it is a response to Central Bank Digital Currency.

Here is a good article about the dangers of CBDC.

From Beyond the Wire - The Information War, CBDCs and a Metaphor for Those Who Need - The Last Refuge

After my latest outline, on the looming probability of a dollar based Central Bank Digital Currency (CBDC) {SEE HERE}, I found myself saying, “I hate to say this, but most people really don’t care. For some, the issue is esoteric, abstract, and difficult to comprehend. For others, there is a...

theconservativetreehouse.com

Crypto currency works outside of CBDC and is not subject to the controls of the government. (unless the government makes crypto currency illegal)

Indeed.
CBDC can be turned off as easily, or even more easily, than how Trudeau turned off people's own access to their own cash, when their political position displeased him.
This is far too much control over it's own peoples for any government.

Further, every single transaction would be recorded with the government central bank, a gold mine for Big Data and AI to exploit for government abuse and misuse.

So, nothing good at all about CBDC, at all. CBDC, is a clear threat.

 

[Simon W. Moon]

There is a very good reason why Trump is promoting crypto currency and it is a response to Central Bank Digital Currency.
Here is a good article about the dangers of CBDC.
Crypto currency works outside of CBDC and is not subject to the controls of the government. (unless the government makes crypto currency illegal)

Indeed.
CBDC can be turned off as easily, or even more easily, than how Trudeau turned off people's own access to their own cash, when their political position displeased him.
This is far too much control over it's own peoples for any government.
Further, every single transaction would be recorded with the government central bank, a gold mine for Big Data and AI to exploit for government abuse and misuse.
So, nothing good at all about CBDC, at all. CBDC, is a clear threat.

I love that you guys trust a politician so hard your first thought is that Trump is acting altruistically to protect you.

 

[zincwarrior]

Indeed.
CBDC can be turned off as easily, or even more easily, than how Trudeau turned off people's own access to their own cash, when their political position displeased him.
This is far too much control over it's own peoples for any government.

Further, every single transaction would be recorded with the government central bank, a gold mine for Big Data and AI to exploit for government abuse and misuse.

So, nothing good at all about CBDC, at all. CBDC, is a clear threat.

I guess that would be important if I were a drug dealer, laundering money.

 

[eohrnberger]

I love that you guys trust a politician so hard your first thought is that Trump is acting altruistically to protect you.

Where do you believe there's any expression of this trust of which you speak in the posts?
If anything, it is an expression of a well warranted deep distrust of the US federal government, especially when it comes to money matters, such as CBDC.

 

[Simon W. Moon]

Where do you believe there's any expression of this trust of which you speak in the posts?
If anything, it is an expression of a well warranted deep distrust of the US federal government, especially when it comes to money matters, such as CBDC.

fed govt ain't a politician

Trump is

Maybe it's only @Mycroft who thinks Trump is launching this to protect us from the dangers of CBDC.

Why do you think Trumpco is launching this project?

 

[Mycroft]

I love that you guys trust a politician so hard your first thought is that Trump is acting altruistically to protect you.

I find it pathetic that you would ignore the dangers of government control just because you don't like a politician.

 

[eohrnberger]

fed govt ain't a politician

Trump is

Maybe it's only @Mycroft who thinks Trump is launching this to protect us from the dangers of CBDC.

Why do you think Trumpco is launching this project?

Don't know. Don't care. Don't want anything to do with that project nor crypto either.

What I care about is government over stepping it's constitutional bounds, government's ever growing power and control over the lives of people which it shouldn't have, and which should be minimized to the greatest extent possible and practical.

 

[phoenix2020]

Don't know. Don't care. Don't want anything to do with that project nor crypto either.

What I care about is government over stepping it's constitutional bounds, government's ever growing power and control over the lives of people which it shouldn't have, and which should be minimized to the greatest extent possible and practical.

Cool, you should start a thread about that rather than posting on a thread about Trump crypto that you don’t care about the topic of Trump crypto.

 

[Simon W. Moon]

I find it pathetic that you would ignore the dangers of government control just because you don't like a politician.

My friend in DP, we're talking about your belief that Trump is starting this crypto exchange as an altruistic measure.

There's no need for you start start building up straw men from whole cloth to dodge.

Your belief in Trump's altruism is unrelated to the dangers of the CDBC