The Trump administration has asked a federal appeals court to issue an emergency stay of a judge's ruling Thursday ordering the administration to fully fund SNAP.
Look, I too wish that were true. But he is filthy, disgusting rich. Through Crypto scams alone his family has made more money than you or I will ever have earned in our entire lives, combined, by order of magnitudes.
And all that is over-leveraged against innumerable debts. That’s not “rich”, that’s gambling with extreme risk and zero padding. The only reason he’s still alive is because he’s far more valuable to said creditors as a fuck puppet.
I don’t think you realize how much he is grifting out of crypto right now. It’s mind boggling. Two years ago he was more or less insolvent, now they think he has made over 3 billion in crypto alone.
The catch is that a lot of that is tied up in crypto tokens that aren’t exactly traded widely. If started dumping the entire amount the price would crater before he could sell it all.
Forbes estimates it a bit lower, they say his liquid net worth and crypto is a little over $2B, but they admit they are devaluing the crypto because he can’t sell it all at once:
The unlocked market cap of $TRUMP alone is over $3B, and people suspect he owns much of that personally. There are also a ton of shitty tokens owned by World Libery Financial, which he also owns a good chunk of.
All this crypto literally didn’t exist during Trump’s first term.
Side question about the username: Are you death or are you a baby with opinions? One we wish on him a thousandfold and the other he drools over. For clarity’s sake, just curious.
Look, I too wish that were true. But he is filthy, disgusting rich. Through Crypto scams alone his family has made more money than you or I will ever have earned in our entire lives, combined, by order of magnitudes.
More than everyone that uses lemmy combined in their lifetimes.
And all that is over-leveraged against innumerable debts. That’s not “rich”, that’s gambling with extreme risk and zero padding. The only reason he’s still alive is because he’s far more valuable to said creditors as a fuck puppet.
I don’t think you realize how much he is grifting out of crypto right now. It’s mind boggling. Two years ago he was more or less insolvent, now they think he has made over 3 billion in crypto alone.
The catch is that a lot of that is tied up in crypto tokens that aren’t exactly traded widely. If started dumping the entire amount the price would crater before he could sell it all.
You seem exceptionally well-versed in that secret knowledge there. Got any citations to back up this confidence in your own veracity?
Forbes estimates it a bit lower, they say his liquid net worth and crypto is a little over $2B, but they admit they are devaluing the crypto because he can’t sell it all at once:
https://www.forbes.com/sites/danalexander/article/the-definitive-networth-of-donaldtrump/
The unlocked market cap of $TRUMP alone is over $3B, and people suspect he owns much of that personally. There are also a ton of shitty tokens owned by World Libery Financial, which he also owns a good chunk of.
All this crypto literally didn’t exist during Trump’s first term.
Whatever helps you sleep, I suppose.
Aww, you think I sleep. That’s adorable.
Side question about the username: Are you death or are you a baby with opinions? One we wish on him a thousandfold and the other he drools over. For clarity’s sake, just curious.
Neither! Tot as in tater tot, though I know that it’s German for dead or something like that because I get asked this every once in a while lol.
Carry on, then. 🖖🏼