Reply to How Trump Made An Estimated $1 Billion On Crypto

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[quote=Anonymous][twitter][quote=Anonymous]I guess if you're going to invest in anything--crypto is a safe bet under this administration. :shock:

https://www.forbes.com/sites/danalexander/2025/06/05/this-is-how-much-trump-has-made-from-crypto-so-far/
[quote]
The president’s crypto holdings are worth more than any single real estate asset in his portfolio, and even more than the combined value of Mar-a-Lago and Trump Tower.
Donald Trump is cashing in on crypto. Over the last nine months, beginning slightly before the election, he has stirred up new ventures, new coins, new noise. All of it makes the president money, but how much? About $1 billion, according to Forbes’ calculations, lifting his net worth to an estimated $5.6 billion.

Crypto has done more than just make Trump richer—it has also provided liquidity that the president desperately needed. A year ago, he was short on cash, with about $400 million on his balance sheet and more than $500 million in legal judgments against him, the vast majority from a fraud case he lost (and is currently appealing). Now, however, Trump holds roughly $900 million of liquid assets, about half of which come from crypto ventures.

There are hundreds of millions, perhaps billions, more on the way. World Liberty Financial, one of Trump’s ventures, is only just beginning to ramp up. Meanwhile, his memecoin, a nonsensical cryptocurrency that landed right before the inauguration, is beginning to release unlocked tokens to Trump and his partners. So far, they’ve gotten an estimated 8% of their allotment. With the other 92% still coming, it’s little wonder why the president is doing things like holding a private dinner for people willing to purchase his cryptocurrency.

“The team that’s helping him is actually pretty savvy,” says Jeff Dorman, the chief investment officer at digital-asset firm Arca. “They know that you have to continue to add features to give it value.” In other words, the dinner that scandalized Washington may have only been an appetizer.[/quote][/quote]

It’s hard to spend crypto so they will eventually want dollars. So make sure you are out before they do that. [/quote]

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