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Make Shitcoining Great Again!www.zerohedge.com/markets/trump-media-shares-pop-after-announcing-digital-token-distribution-cryptocom
368 sats \ 18 comments \ @siggy47 4h Politics_And_Law
Trump Media shares are volatile this morning, popping before paring gains, after the company announced plans to distribute a new digital token to its shareholders through a partnership with Crypto.com, expanding the company’s push into blockchain-based shareholder engagement.
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177 sats \ 12 replies \ @grayruby 4h

I have just accepted this will never end.

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127 sats \ 10 replies \ @siggy47 OP 4h

I know. But I hope anybody who begs this fucking clown to speak at a supposed bitcoin conference in the future is held accountable.

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36 sats \ 9 replies \ @grayruby 4h

The Bitcoin conference is no longer a Bitcoin conference it is a political and fiat roadshow.

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90 sats \ 3 replies \ @siggy47 OP 3h

Very true. What really gets under my skin is that when I speak to people about bitcoin they immediately assume I'm MAGA because of all the pre election publicity. I don't buy the whole there is no such thing as bad publicity thing.

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76 sats \ 0 replies \ @BlokchainB 2h

Yeah this aspect of political optics is unfortunate

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36 sats \ 1 reply \ @grayruby 3h

Scammy crypto lobby probably held Bitcoin back a few years of adoption.

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40 sats \ 0 replies \ @SimpleStacker 3h

To put a more positive spin on it, that means there's still a lot of room to grow

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40 sats \ 4 replies \ @BlokchainB 2h

They did help get Ross Free. Also they do employ a lot of bitcoiners!

People can earn a living moving bitcoin into the mainstream for better or for worse.

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85 sats \ 1 reply \ @grayruby 2h

You're right. It's not all negative.

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40 sats \ 0 replies \ @BlokchainB 2h

Yeah bitcoin magazine fails the purity test of a maxi but I try not to throw the baby out with the bath water. They spend a lot of time and resources to move the space forward and employ and fund a ton of toxic Bitcoin maxis

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0 sats \ 1 reply \ @anon 2h

This has nothing to do with mainstream Bitcoin adoption

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0 sats \ 0 replies \ @BlokchainB 2h

They are a media company. Not sure what rock you live under but advertising works

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30 sats \ 0 replies \ @kepford 1h

Same here. And I hope people realize that this no where near the destructive force of fiat money and the Fed. Its a tradeoff of freedom. Even if the dollar dies and bitcoin takes its place you will have shitcoins.

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105 sats \ 1 reply \ @SimpleStacker 4h

I want to know who is even still buying this crap. You can't have pump & dumps without someone to dump on.

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59 sats \ 0 replies \ @siggy47 OP 4h

I think it's the guys who haven't thrown out their red hats yet

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36 sats \ 0 replies \ @Aeneas 1h

2026: The Year of the Shitcoin President.

Why are we even surprised? This WOULD happen to us.

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36 sats \ 0 replies \ @BlokchainB 2h

Hhahahaha the grift continues

But this sucks because I was thinking about adding DJT stock to my portfolio to invest fusion technology via Tae technologies

But stuff like this turns me off to this idea

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36 sats \ 0 replies \ @anon 3h
Under the proposal, each ultimate beneficial owner of DJT stock is expected to become eligible to receive one digital token for every whole share owned, with the distribution anticipated to begin in the near future.
Trump Media indicated that token holders may receive rewards periodically throughout the year, including potential benefits or discounts connected to the company’s products and services such as Truth Social, Truth+, and Truth Predict. Additional details about the distribution structure and timeline are expected to be released in the new year.

An investment of money.
With the expectation of profits
In a common enterprise
Based on the efforts of others…

Passes the howey test. How are 99.9% of these ‘tokens’ not unregistered securities?

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