The company behind Truth Social is converting its cash into crypto, creating a high-stakes link between its future and the volatile digital currency.
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Now would be a very satisfying time for the crypto bubble to collapse.
It’s not gonna collapse until it becomes properly regulated. The rich have realized they can pump and dump crypto and leave retail investors holding the bag.
https://www.investopedia.com/news/bitcoins-2017-rise-was-market-manipulation-tether-study/
It’ll work to because MAGA supporters will see the USD tanking and buy right into the grift.
May North Korea (or anyone really) steal every bit of it. They pulled off the largest single bitcoin heist so far earlier this year. How difficult could this bozo’s crypto be for them?
I don’t get it
You have hundreds of millions to billions of dollars worth coming in
Totally… well, legit as far as banks are concerned
Why TF would you store it on an unencrypted public blockchain where everyone can see every. Damn. Move.
A credit or debit card is way more private; at least only the bank, its affiliates, and your government are watching your transactions – not the entire internet
