Trump will officially invest US reserves in crypto funds that he has already bought up personally, in what appears to be another - even more grandiose - pump and dump scheme!!
A new Trump crypto scam
- Thread starter mandrill
- Start date
Trump will officially invest US reserves in crypto funds that he has already bought up personally, in what appears to be another - even more grandiose - pump and dump scheme!!
He later posted that it will also include Bitcoin and another one. Posted a few hours after so these crypto could gain about 50% each.
But this is not a pump and dump scheme. It's part of his scenario to give control of the future US monetary platform that will replace the dollar to his pall billionaires. Reason number 1 why Trump has endured Vance and Musk on his team...
But this is not a pump and dump scheme. It's part of his scenario to give control of the future US monetary platform that will replace the dollar to his pall billionaires. Reason number 1 why Trump has endured Vance and Musk on his team...
Anybody who believes a bunch of recent billionaires running the country (world) will look out for the common people, should have their head examined.
What future monetary platform?
You think Trump wants to replace the US Dollar with Bitcoin?
Directly from chatGPT. Remember AI system collect the data from millions of different source into their learning model.
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How will billionaires and big corporations replace the current monetary system?
Billionaires and big corporations aren’t going to outright "replace" the current monetary system overnight, but they are working on ways to reshape it in ways that benefit them. Here’s how:
1. Digital Currencies & Tokenized Assets
- Central Bank Digital Currencies (CBDCs): Governments are already exploring CBDCs, which could give big financial players more control over transactions.
- Private Digital Currencies: Corporations like Meta (formerly Facebook) tried launching their own currency (Libra), and we might see other attempts.
- Tokenized Assets: Real estate, stocks, and commodities are increasingly being put on blockchain-based systems, reducing reliance on traditional banking.
- DeFi reduces reliance on central banks by allowing lending, borrowing, and payments through smart contracts.
- Big firms like BlackRock, JPMorgan, and Goldman Sachs are entering DeFi, ensuring they keep control while pushing out traditional banks.
- Corporate-controlled digital banks and fintech firms (e.g., PayPal, Apple Pay) could take over the role of traditional banking institutions.
- AI-driven financial systems could reduce the need for human oversight, giving corporations tighter control over global transactions.
- Predictive analytics and algorithmic trading allow billionaires to manipulate markets more efficiently.
- Governments (pressured by corporate interests) may eliminate cash entirely, making all transactions digital and trackable.
- This would give financial giants massive power over people’s ability to buy, sell, and transfer wealth.
- Billionaires already move money outside traditional banking through hedge funds, private equity, and offshore tax havens.
- Alternative financial systems (crypto, decentralized assets, corporate bonds) allow them to bypass government oversight.
- Lobbying ensures laws favor corporate-backed financial structures.
- Governments may increasingly rely on corporate financial systems, effectively making billionaires the new central bankers.
If these trends continue, wealth concentration will increase, cash transactions may become obsolete, and financial independence could become harder. The power to control wealth distribution may shift from central banks to private entities like Amazon, Apple, or Google.
Would you want to see alternative systems rise to counterbalance this, or do you think the shift is inevitable?
Yes, ChatGPT is spectacularly full of bullshit, I agree.
Already not terrible, though, since it immediately gets rid of the dumb "he is going to replace" it idea.
And not a single thing in there about the US dollar being replaced.
So wow, even ChatGPT isn't stupid enough to propose that.
Bullshit that reflects what's currently going on. So in that sense, ChatGPT (or DeepSeek, which I even prefer) is quite accurate. We may disagree, and we need to be able to spot mistakes it makes, but overall, AI tools like ChatGPT are extremely powerful.
Powerful, yes.
Accurate, no.
Especially for a free form question like this that isn't grounded in anything.
