If you're so into Trump that you buy one... I predict you will not be dissatisfied with your purchase.
Trump's Trading Card Grift Is Worse Than You Think
31–40 of 72 posts
Re: Trump's Trading Card Grift Is Worse Than You Think
#32"What exactly are buyers of the Trump Trading Cards purchasing? Yes, they are NFTs, but unlike others of these digital art pieces, the people foolish enough to purchase a Trump Trading Card don’t actually own the things they paid for, at least not in the traditional sense. If any buyer decides to sell their Trump card in a secondary market, they don’t get all the proceeds. The fine print reveals that 10% of every secondary market sales goes right back to Trump and his fellow grifters."
This is where I stopped reading. The author clearly knows nothing about NFTs. Being able to earn money from secondary sales is one of the innovations of NFTs and is very common.
Re: Trump's Trading Card Grift Is Worse Than You Think
#33I'd rather politicians sell stupid trading cards to raise cash than to accept bribes from Goldman Sachs via speaking fees. AOC also sells a ton of overpriced merch to raise cash, so it's not unheard of.
Trump's done speaking fees. And years of overpriced merchandise. And routine/regular appeals for donations (save America, etc) - to the tune of 3-5 emails and texts per day. Regardless of how much I 'unsubscribe'.
So... this isn't an "either/or" situation. This is a "both/and then some" situation, and... I'm sure we'll see more variations on this until Trump dies.
Re: Trump's Trading Card Grift Is Worse Than You Think
#34Earlier quoted context omitted.
It’s not just the number of points that matter, it’s points over time. 3 points very quickly will rocket you over 20 points in 4 hours or something. And comments factor in too, so commenting “why is this on the front page” just helps it be on the front page
Not to mention this was at 23 points just 3 minutes after the GP post. It's a technology and business story of general interest. Right in line with HN.
>> Right in line with HN.
It is unquestionably that.
Re: Trump's Trading Card Grift Is Worse Than You Think
#35It's interesting to follow the corporate webs behind this but ultimately not particularly newsworthy from my reading of this article. These NFTs being associated with a sketchy NFT company is just more evidence (like we needed it) that NFTs are a scam.
Ultimately, an NFT is just a small payload, typically a URL. I'm always curious that no one talks about what happens if that website goes down or someone loses control over that domain.
I see two interesting things about this particular NFT release:
1. Trump sure does some scammy things for someone so supposedly wealthy. Would you, as an alleged billionaire, put your name behind something as cheesy as this fora (maybe) a few million dollars? It's claimed tens of thousands have been sold. It's not clear to who (eg Trump himself may have "bought" many to prop up the market ie standard crypto shady nonsense); and
2. The timing. Trump announced his candidacy for president last month. He's never stopped fundraising since leaving office. As a private citizen you can do pretty much whatever you want to with that money and it's clear he's used it as a slush fund for personal expenses. But that changes the second you're a candidate for something. Now campaign fundraising falls under a different legal set of restrictions. This really is more evidence of someone who is cash-strapped.
The art itself is particularly bad, like embarrassingly so. I'd be really curious to know how many genuine sales there actually are.
Re: Trump's Trading Card Grift Is Worse Than You Think
#36Upfront - I'm not a Trumpet, not American and not even right wing by your standards. Does the video announcing this mess seem really weird to anyone else? If i didn't know better i'd say the video was made under duress, at the very least to unwillingly fulfil an obligation.
It was the longest I've ever heard him speak somewhat coherently without insulting someone.
Re: Trump's Trading Card Grift Is Worse Than You Think
#37I'd rather politicians sell stupid trading cards to raise cash than to accept bribes from Goldman Sachs via speaking fees. AOC also sells a ton of overpriced merch to raise cash, so it's not unheard of.
Is $60 for a union made, made in America sweater really the comparison you're gonna make? Trump sells made in China MAGA hats for $50.
Re: Trump's Trading Card Grift Is Worse Than You Think
#38And what is a grift? It is not like he is forcing you to buy his card everytime you fart...
grift: petty or small-scale swindle.
Re: Trump's Trading Card Grift Is Worse Than You Think
#39Reading this article, I got a vague vision of an elementary school student chosen by the administrators to be a hall monitor, gleefully tattling on his fellow students…
Re: Trump's Trading Card Grift Is Worse Than You Think
#40I'd rather politicians sell stupid trading cards to raise cash than to accept bribes from Goldman Sachs via speaking fees. AOC also sells a ton of overpriced merch to raise cash, so it's not unheard of.
Is $60 for a union made, made in America sweater really the comparison you're gonna make? Trump sells made in China MAGA hats for $50.
Please show where Trump sells MAGA hats made in China?
https://www.usatoday.com/story/news/factcheck/2020/09/08/fac...
Plenty wrong with Trump but also so many lies told about him just to fundraise off of and bump up clicks.