Anonymous wrote:

Anonymous wrote:So President “I have the concept of a plan” has a complex plan to move the world to crypto? I think it’s one of his many grifts but he is fundamentally a stupid person.

Crypto is at 109. So newsflash: the world has moved to crypto.

Oh just like tulips.

Anonymous wrote:This is totally effing unacceptable. No way this risky-ass fraudulent sh!t gets FDIC protection.

I don't think it is saying what you think it is saying...



SEC. 9. Treatment of insolvent payment stablecoin issuers.

(a) In general.—In any insolvency proceeding, including any proceeding under title 11, United States Code, or any insolvency proceeding by a primary Federal payment stablecoin regulator or a State banking supervisor with respect to a payment stablecoin issuer, the claim of a person holding payment stablecoins issued by the payment stablecoin issuer shall have priority over all other claims against the payment stablecoin issuer.

(b) Priority in bankruptcy proceedings.—Section 507 of title 11, United States Code, is amended—

(1) in subsection (a), by striking “The following” and inserting “Subject to subsection (e), the following”; and

(2) by adding at the end the following:

“(e) Notwithstanding subsection (a), any [b]claim of a person holding payment stablecoins, as defined in section 2 of the Guiding and Establishing National Innovation for U.S. Stablecoins of 2025, issued by a debtor shall have first priority over any other claim against the debtor under this title.”.

(c) Debtor.—A payment stablecoin issuer that is not a depository institution (as defined in section 3 of the Federal Deposit Insurance Act (12 U.S.C. 1813)) may be considered a debtor under title 11, United States Code.[/b]


https://www.congress.gov/bill/119th-congress/senate-bill/394/text]https://www.congress.gov/bill/119th-congress/senate-bill/394/text

This is totally effing unacceptable. No way this risky-ass fraudulent sh!t gets FDIC protection.

Anonymous wrote:

Anonymous wrote:Nah, I think he honestly thought all of this would work out and BAM the economy would be fabulous. His understanding of economics is about at a 3-year old's level. Listening to Navarro and Bessent et al. blather nonsense into his ears convinced him that it would work. Making a killing off of crypto is a nice bonus.

He doesn't live in reality anymore, if he ever did. He actually thinks he won at the Supreme Court in the Abrego Garcia case, 9-0,

TBH, I'm with OP. Yeah, I think he half-believes maybe this stuff would work, but his broligarch backers are heavily invested in crypto as well as the concept of networked states. This is what they want.

The broligarchs want to each have their own kingdom that runs on cyrpto. Trump is their useful fool. When he dies, they'll have Vance or another fool.

Anonymous wrote:My 401k is at an all time high.

If that's all you have in wealth, I wouldn't be too excited about this moment.

Anonymous wrote:Trumps intentional tanking of the economy and the US dollar was all done to boost crypto and his family is making a killing.

You don't understand crypto. He is selling a meme coin, which is not an investment-grade asset like bitcoin. Meme coins don't do anything. They don't track anything. They just collect revenue for a party every time they are bought and sold. So when his sells, he just makes money. The asset meme coin itself has gone down. He is making a killing, but not to boost "crypto." It's just a direct payment to him.

Anonymous wrote:

Anonymous wrote:Trumps intentional tanking of the economy and the US dollar was all done to boost crypto and his family is making a killing.

He wants to fast track manufacturing and industry in America, not import it.

Same as Europe today finally spending on its own defense.

He does not, even at the most fundamental level, understand economics. Got it.

Anonymous wrote:

Anonymous wrote:So President “I have the concept of a plan” has a complex plan to move the world to crypto? I think it’s one of his many grifts but he is fundamentally a stupid person.

Crypto is at 109. So newsflash: the world has moved to crypto.

lol, no.

Stop trying to make crypto happen.

Anonymous wrote:

Anonymous wrote:So President “I have the concept of a plan” has a complex plan to move the world to crypto? I think it’s one of his many grifts but he is fundamentally a stupid person.

Crypto is at 109. So newsflash: the world has moved to crypto.

It's not Trump's plan, he just wants to grift.
It's the billionaire tech bro plan.

Anonymous wrote:

Anonymous wrote:So President “I have the concept of a plan” has a complex plan to move the world to crypto? I think it’s one of his many grifts but he is fundamentally a stupid person.

Crypto is at 109. So newsflash: the world has moved to crypto.

BTC that is

Anonymous wrote:So President “I have the concept of a plan” has a complex plan to move the world to crypto? I think it’s one of his many grifts but he is fundamentally a stupid person.

Crypto is at 109. So newsflash: the world has moved to crypto.

So President “I have the concept of a plan” has a complex plan to move the world to crypto? I think it’s one of his many grifts but he is fundamentally a stupid person.

Anonymous wrote:Never attribute to malice that which is adequately explained by incompetence!

That too. You should see the COO where I work… value destruction!

Anonymous wrote:Trumps intentional tanking of the economy and the US dollar was all done to boost crypto and his family is making a killing.

He wants to fast track manufacturing and industry in America, not import it.

Same as Europe today finally spending on its own defense.

Anonymous wrote:Never attribute to malice that which is adequately explained by incompetence!

This is not incompetence this is deliberate and intentional and full of malice