Quote from: Vestigial Appendage on Today at 12:33:48 AM

Quote from: legiteum on October 15, 2024, 11:51:49 PM

If he loses, then the project will be worthless and Trump himself will be in prison.

If he wins, his token could easily surpass Bitcoin in worth since it will have the defacto full backing of the US federal government. As I've said before, Trump winning will be as if the CPC created a Bitcoin competitor--except that the US is 100x more influential than China is in this regard (viz. most major Bitcoin holders are American, etc.).

Sounds like an arbitrage opportunity to me

. I mean, if you can buy some before the election, it could be a 1:1000 bet for a 50/50 chance at the desired outcome.

You make a strong case to buy at least some asap. As far as competing with Bitcoin - not so certain there. Many people, even in the US, either do not like Trump and/or they know he is "just a businessman." His influence, can allow them to operate without too much fear of the SEC, but it doesn't instantly make experienced crypto players see long-term value. Also, in that scenario the door is wide open for other projects to flourish too. If he plays the favorite too much, Trump will end up with even more pending court cases against his Orange Empire.

Trump has been indicted on over 150 criminal counts and has been convicted on dozens of them--and winning the presidency will make it so he never sees the inside of a prison cell. What does that tell you? That he isn't going to be hindered by fear of.. "lawsuits"

. By electing a convicted criminal, Americans will be formally stating that presidents in the US exist above the law, and can do anything they want.

Also, Trump will have absolute control of Congress if he wins (most likely, based on the numbers going his way), which means that he can even do a lot within the confines of the legal structure since he can basically pass whatever law he wants.

Of course all of this will require a lot of clever doings by somebody in Trump's orbit, which, even with $trillions in potential payoff may be too complicated for them to pull off. But if somebody in Trump's orbit figures this out, then Trump could easily be the world's first trillionaire based on this alone.

So Trump and his coin doesn't need care what "half of the country thinks" because with the proper intervention by the US government it won't matter what they think--they will be forced to accept what the government gives them.

"Experienced crypto players" will need to listen to experienced... students of world history. If a dictator takes over the country, you bet on that dictator's personal economic interests to thrive as long as said dictator is in power...