It's crazy that he can grift his supporters again and again and only get -more- support in the process...
this post was submitted on 18 Jan 2025
27 points (90.9% liked)
Politics
471 readers
370 users here now
For civil discussion of US politics. Be excellent to each other.
Rule 1: Posts have the following requirements:
▪️ Post articles about the US only
▪️ Title must match the article headline
▪️ Recent (Past 30 Days)
▪️ No Screenshots/links to other social media sites or link shorteners
Rule 2: Do not copy the entire article into your post. One or two small paragraphs are okay.
Rule 3: Articles based on opinion (unless clearly marked and from a serious publication-No Fox News or equal), misinformation or propaganda will be removed.
Rule 4: Keep it civil. It’s OK to say the subject of an article is behaving like a jerk. It’s not acceptable to say another user is a jerk. Cussing is fine.
Rule 5: Be excellent to each other. Posts or comments that are homophobic, transphobic, racist, sexist, ableist, will be removed.
Rule 6: Memes, spam, other low effort posting, reposts, advocating violence, off-topic, trolling, offensive, regarding the moderators or meta in content may be removed at any time.
Rule 7. No conjecture type posts (this could, might, may, etc.). Only factual. If the headline is wrong, clarify within the body.
Media owners, CEOs and/or board members
founded 2 years ago
MODERATORS
It’s also, as Mother Jones pointed out, a good way for foreign governments or anyone else who wants to buy influence to bribe him with perfect secrecy, by verifiably buying a bunch of it and bidding the price up.
It hasn’t made him $25 billion. It’s acting more like the market cap of a stock. If there were a mass sale it would drop in price and he wouldn’t make that make since it’d quickly devalue the same way a run on a stock would.
Yeah. The headline is weird, "apparently" is doing way too much work and needs to be replaced with some other more accurate word. I thought about editing it but I couldn't come up with a clear way of phrasing it. But yes, the true value is somewhere between $0 and $25 billion, probably closer to the lower end.