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Secret Deals, Foreign Investments: The Rise of Trump’s Crypto Firm

nytimes.com

141–150 of 167 posts

Re: Secret Deals, Foreign Investments: The Rise of Trump’s Crypto Firm

#141
post #138

I miss the days when new coins at least attempted to pretend they contain some sort of financial innovation. There was at least a possibility of something of substance there. Now it's all celebrity endorsement, hype and lies. And having the US prez jump on that bandwagon and ride it while in office is just mind-boggling.

Isn't this culture day to day centered on celebrity endorsements, hype and lies?

Seems like what's happening is unsurprising. A nation of spectators, not citizens.

Re: Secret Deals, Foreign Investments: The Rise of Trump’s Crypto Firm

#142
post #33

I don't see much references to "the swamp" anymore now that we have a sitting president doing a crypto grift. I thought dark money and mysterious figures pulling the strings is conspiracy worthy but I guess not when it's Trump.

Or, the conspiracies have been proven true, but it's not with those who the conspiracy-lovers would have expected. Not woke, not Soros, but Trump and his gang were running the exact racket. So I suppose now suddenly the racket is good, doublethink by the book.

I feel like the amount of projection from this group of people will be the source of behavioral and political psychology books for generations.

"If you're doing something legally or morally wrong, create opponents to accuse of the same things before what you're doing comes out."

Re: Secret Deals, Foreign Investments: The Rise of Trump’s Crypto Firm

#143
post #64

I was a big enough believer in crypto to literally start a company in this space only to leave it completely disenchanted and deeply pessimistic about the direction of the industry. I felt that there were many real legal and regulatory challenges that governments just didn't want to deal with. No government wants to enable money laundering, black markets, corruption and terrorism; or so I thought! Now we're in a situ…

>No government wants to enable money laundering, black markets, corruption and terrorism; or so I thought!

There's an old saying that goes something like there is crime, there is organized crime and there is government.

Re: Secret Deals, Foreign Investments: The Rise of Trump’s Crypto Firm

#144
post #64

I was a big enough believer in crypto to literally start a company in this space only to leave it completely disenchanted and deeply pessimistic about the direction of the industry. I felt that there were many real legal and regulatory challenges that governments just didn't want to deal with. No government wants to enable money laundering, black markets, corruption and terrorism; or so I thought! Now we're in a situ…

Is that really the lesson?

John Adams told us the Constitution is intended for a moral (or virtuous) people.

The point is the law isn't self enforcing. People have to insist upon Constitutional order, not because of (blind) faith in it, but because the alternative is tyranny. Not anarchy.

Does this country deserve Constitutional order? The People abandoned it by electing someone virulently and openly opposed to it.

The regulation you seek is utterly meaningless in an autocracy. Or even in a unitary executive theory of Constitutional order.

But in the specific case of Trump, among the most untrustworthy liars America has produced, what does Constitutional duty mean to him? What does it mean that he took the oath of office? He said the words but no serious person believes he took an oath.

People still have no idea what we've done. And what is yet to come.

The POTUS is a psycho. And the replacements aren't good people either.

100 days down, 1369 to go. It's going to get much worse.

Re: Secret Deals, Foreign Investments: The Rise of Trump’s Crypto Firm

#145
post #137
post #88

Earlier quoted context omitted.

Jared Kushner is just as much a “private citizen” as Hunter Biden is. Hunter Biden blatantly and corruptly sold his father’s influence. There’s even evidence that Joe got his “10% for the big guy” on these dealings. It’s a massive disgusting scandal. For the record I can’t stand when either side pulls this crap. The whole narrative that my side’s politicians are less corrupt than yours needs to end. They’re dividing…

> The whole narrative that my side’s politicians are less corrupt than yours needs to end. > Jared Kushner is just as much a “private citizen” as Hunter Biden is. Feel free to start the ball rolling

All corruption and law breaking should be investigated and prosecuted as appropriate. I don’t care what side they are on. Our entire political class is full of corruption. For the record I’m also not a fan of the Trump meme coins, Jared Kushner’s actions, or various Republican politicians at all levels that are blatantly corrupt.

Re: Secret Deals, Foreign Investments: The Rise of Trump’s Crypto Firm

#146
post #88

Earlier quoted context omitted.

Jared Kushner is just as much a “private citizen” as Hunter Biden is. Hunter Biden blatantly and corruptly sold his father’s influence. There’s even evidence that Joe got his “10% for the big guy” on these dealings. It’s a massive disgusting scandal. For the record I can’t stand when either side pulls this crap. The whole narrative that my side’s politicians are less corrupt than yours needs to end. They’re dividing…

Hunter Biden, as far as I know, didn't hold an official title within his father's administration. Jared Kushner, on the other hand, did hold an official title within Donald Trump's first administration. Hunter Biden, as far as the country has been made aware, never requested an TS-SCI clearance, as Jared Kushner did. Jared Kushner was given one via overrule from the 45th administration when the FBI and CIA said there…

Why can’t we just agree that both are really, really bad? The amount of mental gymnastics that each side does to justify such blatant corruption is astounding.

Re: Secret Deals, Foreign Investments: The Rise of Trump’s Crypto Firm

#147
post #38

What can be done to stop this flagrant grift?

Develop USA2.0 with various bugs fixed: no presidential pardon, supreme court reform, term limits, FBI removed from executive branch, etc.

No. That isn't enough. The only way to avoid another Trump is to not elect one.

The solution liberals recoil against for some reason, is disassociation. We should have threatened our Trumper friends and family with permanent disassociation before the 2024 election.

Most would still persist, unpersuaded. They're likely lost for our lifetime. But perhaps enough would have taken the social cue of ridicule and ostracizing as serious enough to not vote for a psychopath. The farther back, the more effective it would have been.

Instead, we keep thinking they can be persuaded with reason, despite all evidence they've abandoned rationality.

We can't legislate the outcome you want. What you want comes from virtue. And America is out of virtue. People voted for a rapist, a felon, and vile insurrectionist.

America may not deserve Constitutional order, and therefore we are losing it.

Re: Secret Deals, Foreign Investments: The Rise of Trump’s Crypto Firm

#148

Earlier quoted context omitted.

Recipients of nepotistic pardons, which is what people find suspicious.

He was pardoned because Biden knows that Trump is going to just make up some excuse to go after his family.

In the case of Hunter Biden he wouldn’t need to make up excuses.

He was convicted of several crimes…

https://www.justice.gov/archives/sco-weiss/pr/robert-hunter-...

Re: Secret Deals, Foreign Investments: The Rise of Trump’s Crypto Firm

#149

Earlier quoted context omitted.

hahahha you just named a bunch of people with no criminal charges. That's it? hahaha

I don't agree with them but tons of known corrupt Republicans have not been criminally charged. That means nothing.

yea, you're missing the point.

rattling off a bunch of people who haven't been criminally charged in response to a party whose leader quite literally HAS been charged with fraud is the point.

how many indictments were passed down during the Obama admin vs Trump admin vs Bush admin and so on. Republican admins are notorious for being criminals.

Re: Secret Deals, Foreign Investments: The Rise of Trump’s Crypto Firm

#150
post #55

Earlier quoted context omitted.

Gonna need a Civil War 2.0 first.

You joke about these things but I'm afraid that's where we're heading. Trump will close off as much opposition as he can in the next two years. Then spend a year convincing people that term limits aren't required by the constitution. By then we'll have had so many scandals and constitutional crisis events that just get ignored that it will happen. Am I being overdramatic? Because this feels different. It feels openly…

I don't think you're being overdramatic. At this point, I'd give 50/50 odds that Trump will install himself as a Putin-style dictator (if we're not already there). "Elections" will happen, but the outcome will always be the same at the national level.
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