Did you guys see that the Trump family supposedly raked in $2.3 billion from crypto? It's wild, and it's not just Donald. What do you think? Is it their business savvy or does his presidential role give them an unfair advantage?
Did the Trump Family Really Make Billions in Crypto?
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Definitely think his presidency plays a huge role in this. But all those coins associated with him are tanking hard. It’s like they’re just riding the wave while it lasts.
fewunderstandLegendary
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#3Jun 19, 2017, 11:52 AM
For sure, Trump had a lot of hype when he first mentioned Bitcoin. I think many in the crypto community hoped he’d boost it. But that $TRUMP token? Total disaster waiting to happen.
Honestly, they’ve made a ton of cash, not just from crypto but everywhere else too. Just look at how they pumped the meme coin right before his inauguration. Smart move!
Totally, he knew exactly what he was doing. Crypto was a big part of his campaign pitch. It's manipulation, using his influence for profit.
I mean, come on! Trump’s practically a walking money machine as president. His family has been cashing in since he took office. It's not surprising they’re involved in crypto.
But let’s not forget Kushner and the rest of the family are also in it for the cash. Trumpcoin? Just another Ponzi scheme, to be honest. Investors should know better than to buy into these meme coins.
It’s crazy how one tweet can send the market into a frenzy. That power is insane! Just proves how the presidency can be a money-making machine if you play your cards right.
swiftstackFull Member
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#9Jun 21, 2017, 06:55 PM
It’s not just about Trump’s personality either. The family’s got connections and business experience. But without his political power, they'd be nowhere near that profit.
Right? It’s not like other families haven't tried to cash in on crypto. They just don’t have the same political backing. That’s the key! It’s all about access to info.
How about those meme coins like Trumpcoin? Are they still a thing? Or has everyone moved on to more stable coins?
its_matrixSenior Member
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#12Jun 22, 2017, 06:57 AM
They’re definitely leveraging his position. They know what’s going on behind closed doors, and that gives them an edge.
wallet2017Member
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#13Jun 22, 2017, 12:16 PM
Honestly, it’s not surprising. Other big names like Musk have done similar things in crypto. They make big bucks, but Trump's just doing it with his own tokens.
You can’t blame them for trying. If I had that kind of power, I’d do the same. Who wouldn’t want that inside scoop?
But the moment he’s out of office, what then? The family might be in for a rough ride if they can’t keep that momentum going.
I feel like if they didn’t use their connections, they wouldn’t have made all that. Business savvy or not, this is a whole other level.
+1. Trump’s position definitely gives them a boost. They’re cashing in while they can.
seed_ninjaNewbie
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#18Jun 24, 2017, 07:02 PM
Honestly, it’s a slippery slope. If he keeps playing around like this, it could get ugly real fast.
kevin_farmNewbie
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#19Jun 24, 2017, 08:35 PM
Seems like their strategy is just to keep hyping anything Trump related. It’s all a bit shady if you ask me.
fox_rock3tMember
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#20Jun 24, 2017, 11:02 PM
You think they’ll face any consequences once he’s out? I can see a lot of legal trouble coming their way.