Live data from Hacker News

590k buyers paid $59M for Trump's gold phone, but not one has shipped

finance.yahoo.com

41–50 of 122 posts

Re: 590k buyers paid $59M for Trump's gold phone, but not one has shipped

#41
More concerned about the BILLION dollars he stole from nuclear missile maintenance for QatarForceOne, which he fully intends to keep

And the $10 BILLION he is stealing from the IRS by ordering DOJ to settle his lawsuit

Oh and a million dollars PER DAY he steals for each golf weekend

However with his dramatic health decline he is golfing less and less now, so savings?

https://DidTrumpGolfToday.com

Re: 590k buyers paid $59M for Trump's gold phone, but not one has shipped

#42

It used to be that the thought process of receiving a portion of sale money before delivering any product allowed the company to pay suppliers and keep afloat as they drove towards the finish line of delivery. Now it seems the grifting-meta is to make promises around a product with no plans on delivering it, take in pre-order money, and then just park it in an investment account to grow during a bull market. By the t…

> Now it seems the grifting-meta is to make promises around a product with no plans on delivering it, take in pre-order money, and then just park it in an investment account to grow during a bull market. By the time the grift comes due, your "investment" will have grown to a magnitude where even if you are forced to pay it back, you will have made a tidy profit. There's never been a time where that would work. A dama…

> Put into an example, it's always been black-letter law that if I misappropriate $1,000 from you, put it on red 27, and turn it into $36,000, I owe you all $36,000. If I'm less lucky than that and turn it into $50, I owe you all $1,000.

Instead of ending this sentence in a period, I would have ended it:

, if I get caught.

Re: 590k buyers paid $59M for Trump's gold phone, but not one has shipped

#43
post #9

“ The device would work with Trump Mobile's service plan. For $47.45 per month, Trump Mobile's "47 Plan" (2), which operates on the T-Mobile network, claims to be "better than the rest," offering 100% U.S.-based support; extensive 5G coverage; unlimited talk, text and data; telehealth services; roadside assistance, and international calling to over 230 countries and territories.” If you fell for that you deserve to l…

Only in a libertarian society. Education wasn't enforced to a big part of our society and it shows.

There's nothing libertarian about MAGA. It's all about using the immense power of government to hurt the right people, and seizing every opportunity to grow and expand that power with that same goal in mind.

Re: 590k buyers paid $59M for Trump's gold phone, but not one has shipped

#44

Earlier quoted context omitted.

Not so common, any other president pulling that shit pretty much anywhere in the world would instantly lose all credibility and most likely would have to resign. But then again this dude shits himself on live TV and shilled cans of beans from the oval office

[flagged]

Notably, Biden would have gotten the 25th treatment instantly, with not a hint of loyalty from Democratic voters.

Trump has a level of loyalty from Republican voters that is unprecedented in modern US history. Why is that?

Re: 590k buyers paid $59M for Trump's gold phone, but not one has shipped

#45

It used to be that the thought process of receiving a portion of sale money before delivering any product allowed the company to pay suppliers and keep afloat as they drove towards the finish line of delivery. Now it seems the grifting-meta is to make promises around a product with no plans on delivering it, take in pre-order money, and then just park it in an investment account to grow during a bull market. By the t…

> Now it seems the grifting-meta is to make promises around a product with no plans on delivering it, take in pre-order money, and then just park it in an investment account to grow during a bull market. By the time the grift comes due, your "investment" will have grown to a magnitude where even if you are forced to pay it back, you will have made a tidy profit. There's never been a time where that would work. A dama…

> it's always been black-letter law that if I misappropriate $1,000 from you, put it on red 27, and turn it into $36,000, I owe you all $36,000.

Only if you "stole", and only if you get caught. If you asked $1,000 for an "investment" with the intention of putting it on red 27, then win, you can repay your investors and they'd be none the wiser.

Re: 590k buyers paid $59M for Trump's gold phone, but not one has shipped

#47
The terms of what that $100 went to were updated last month...

https://smartphones.gadgethacks.com/news/trump-mobile-t1-sma...

    The terms, updated April 6, state that the deposit is not a binding sales contract. It provides only a "conditional opportunity" to purchase the phone if Trump Mobile eventually chooses to sell it, with all discretion resting with the company. The company "does not guarantee that a Device will be produced or made available for purchase," The Verge and IBTimes UK reported.
The IBTimes UK article is https://www.ibtimes.co.uk/trump-mobile-preorder-terms-179546...

So yea... a $100 voucher for a conditional opportunity to purchase one if Trump Mobile ever decides to sell one.

Re: 590k buyers paid $59M for Trump's gold phone, but not one has shipped

#48

It used to be that the thought process of receiving a portion of sale money before delivering any product allowed the company to pay suppliers and keep afloat as they drove towards the finish line of delivery. Now it seems the grifting-meta is to make promises around a product with no plans on delivering it, take in pre-order money, and then just park it in an investment account to grow during a bull market. By the t…

[flagged]

Re: 590k buyers paid $59M for Trump's gold phone, but not one has shipped

#49

Earlier quoted context omitted.

Only in a libertarian society. Education wasn't enforced to a big part of our society and it shows.

There's nothing libertarian about MAGA. It's all about using the immense power of government to hurt the right people, and seizing every opportunity to grow and expand that power with that same goal in mind.

Thats not what i meant. Only in a society who no one cares about the others and thinks its always the fault of their own, this is normal. Otherwise we would have guard rails to protect us.

Re: 590k buyers paid $59M for Trump's gold phone, but not one has shipped

#50

This is always common. Do a huge preorder and then delay. Given how high interest rates are, this is profitable.

Common where?

Whenever countries raise the age for social security eligibility, they usually impact those that have already been paying into it, up to a point.
Post reply on HN