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Trump made more than $1B on crypto deals, part of 2025 windfall

wsj.com

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Re: Trump made more than $1B on crypto deals, part of 2025 windfall

#41

Post by bulbar »

jchw wrote: post #25
whyage wrote: post #8

I wonder if Democrats will have the courage to pursue justice to the fullest if/when they're back in power.

Unfortunately, it would seem the majority of dems are just jealous that they don't have the chutzpah to be so flagrantly, blatantly corrupt, and stick to less lucrative and more established corrupt practices. See, discussions like this go nowhere productive, but it's not because the people are incapable of productive discussion, or because the subject matter is incapable of being discussed productively. It's just tha…

It must be talked about though and resisted where possible (i.e. when voting). Otherwise, the US will be Russia 2.0 in no time.

Re: Trump made more than $1B on crypto deals, part of 2025 windfall

#42

Post by bulbar »

iririririr wrote: post #16
whyage wrote: post #8

I wonder if Democrats will have the courage to pursue justice to the fullest if/when they're back in power.

the system is such that the only incentive career politicians (and we don't have other kind anymore) is the campaign. they make the same money if they lose. why would they win? its a lot more work! they just have to keep it at a minimum to be considered for next campaigns.

You don't get up the ranks over years and decades by not caring.

Politics is not foremost about money, but about power. You can make a lot of money, obviously, but the driver is power.

Re: Trump made more than $1B on crypto deals, part of 2025 windfall

#44

Post by omnimus »

johnea wrote: post #38
chips_not_fries wrote: post #33

[flagged]

> Weak country Weak constitution I have to agree with this in whole. It's like looking at the EU now and wondering, how did they not see this glaring dependency before now? Both the petro energy source and the US military support were never as secure as it seems they were assumed to be. Here in the US, we're still sitting on a constitution from 250 years ago. Apparently no one though an incoming presidential administ…

Founding documents are worthless if you don't care to honor them.

EU might have more modern legislation but even there the far right is starting to realize when they are in power they can generally ignore the legislation or work quickly to dismantle it. Trump showed and emboldened them, tech bros are providing funding and oligarchs are steadily gaining power. It's quickly coming from the east and only reason EU might be a bit more ready than US is that it's many decentralized countries with always shifting powers.

Re: Trump made more than $1B on crypto deals, part of 2025 windfall

#45

Post by alanwreath »

mountainriver wrote: post #30

Corruption is what kills countries. Our inability to stop this is a very bad sign about our future.

Corruption is ever present. No counter to it is what kills countries.

The US has been security by obscurity in so many ways, this latest abuse is just further evidence that counting on it would only ever delay abuse for [checks calendar] about 250 years.

And really is has been in free fall for decades, the fact that so many recent examples are so flagrant (along with this) is what is upsetting (mainly because no one with any power is moving to stop it in any meaningful way).

Re: Trump made more than $1B on crypto deals, part of 2025 windfall

#47

Post by thrance »

bulbar wrote: post #42
iririririr wrote: post #16

Earlier quoted context omitted.

the system is such that the only incentive career politicians (and we don't have other kind anymore) is the campaign. they make the same money if they lose. why would they win? its a lot more work! they just have to keep it at a minimum to be considered for next campaigns.

You don't get up the ranks over years and decades by not caring. Politics is not foremost about money, but about power. You can make a lot of money, obviously, but the driver is power.

Yeah, for the GOP. Just listen to """centrist""" democrats for 10 minutes: these people don't care al all about winning. They don't care that a pedophile oligarch is doing irreversible damage to the union, day after day. In fact, they spend more time and energy fighting the left-wing instead of the right, because they, progressives, are an actual threat to their business model of getting paid handsomely for losing to fascists and letting them do what they want.

Re: Trump made more than $1B on crypto deals, part of 2025 windfall

#48

Post by rsynnott »

What baffles me is, how do the people who like him justify this to themselves? Do they just pretend it's not happening? Like, this is third world dictator levels of corruption, but the third world dictator's corruption is _usually_ not so blatantly visible while it's going on. This is all very... out in the open.

Re: Trump made more than $1B on crypto deals, part of 2025 windfall

#50

Post by mlrtime »

whyage wrote: post #8

I wonder if Democrats will have the courage to pursue justice to the fullest if/when they're back in power.

Democrats couldn't pass any type of legal structure around crypto in the first place.

I realize HN is very anti-crypto, but we should agree that specific laws are needed to "pursue justice" wrt crypto.

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