this post was submitted on 23 Aug 2024
1 points (53.3% liked)

cryptocurrency

2575 readers
1 users here now

The largest cryptocurrency community on the Fediverse!

Lemmy community dedicated to cryptocurrency news, technicals, education, memes and so more!

💬 Chat on Community Improvements and Development

Community Knowledge Base:

Be nice, have fun.

Community rules:

General lemmy.ml instance rules applicable here too.

Ugly brother of this community: bωockchain

For a community devoted to cryptography itself, visit c/cryptography

founded 5 years ago
MODERATORS
 
  • Former President Donald Trump announced the launch of a new cryptocurrency platform, ‘The DeFiant Ones.’
  • The project aims to serve unbanked and underserved communities.
  • The announcement was made via a post on Truth Social, linking to an official Telegram channel.
  • Trademark applications by AMG Software Solutions hint at a focus on decentralized finance.
  • Trump’s sons believe the project may offer significant benefits to underserved communities.
top 5 comments
sorted by: hot top controversial new old
[–] glimse 7 points 2 months ago

The project aims to serve unbanked

He means debanked. People who banks have learned not to deal with because they're fraudsters. This project, created by a fraudster, will serve fraudsters. Buy buy buy!!! To the moon!

[–] [email protected] 6 points 2 months ago (1 children)

A cryptocurrency platform "created" by a politician? Just use cash at this point.

[–] [email protected] 3 points 2 months ago

A politician with a long history of financial fraud to boot.

[–] [email protected] 4 points 2 months ago

Sounds like all the usual catchphrases for crypto. What will this platform do that existing ones don't already do? Details are nonexistent as with all Trump plans, so my guess is "absolutely nothing". Just another grift to pay his legal bills.

[–] [email protected] 3 points 2 months ago

Wonder how long before the first story about this being a giant money laundering scam come out? Also I wonder who these debanked and underserved communities are made up of? Millionaires and Billionaires looking to hide assets, or launder money? You know that "underserved communities" isn't people that actually need a break.