[fulladder]

The purpose of buying a coin like $TRUMP is not to make money. It is to help Trump. You expect to lose money because the entire goal is to transfer money to Trump.

You and the New York Times seem to have misunderstood this important point.

[bbor]

Interesting thesis, hadn’t heard that! There’s lots of people on Twitter who admitted to losing tons of money unintentionally, but of course it’s hard to prove what the silent majority was thinking. I am still a little dubious tho, sorry:

1. Why didn’t any of the marketing materials say that?

2. Why launch $MELANIA?

3. Why didn’t people just trade around a couple bucks over and over to rack up fees, rather than investing as usual?

4. This is edging on partisan politics I guess, but: why donate to the billionaire president…? He doesn’t need a legal fund, he now has free housing, and he’s selling more direct merchandise (watches, NFTs, bibles, etc.) than ever. Just seems like a weird time to donate.