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fiatdenier | 3 months ago (raw) | root | parent | reply | flag +3 
 Do you really thinks a billionaire Prasientila candidate wants to start a business to rug noobs? He already is worth billions and has over 100M shares DJT. How much more money do you think he wants? 

"Essentially over half this country right now cannot be banked," Eric Trump told the newspaper. "Meaning they will be rejected for most loans from most institutions. But with this technology they could have the ability to almost instantaneously be approved or denied from a lender based on math, not policy."

I think you are wrong on this
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Human Whit | 3 months ago (raw) | root | parent | reply | flag 
 It’s not about money for him. He’s a malicious psychopath. Some psychopaths can be good. He’s proven time & again to be a bad one. 

Look at everything he signed WHEN he was president.
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Matt Warren | 3 months ago (raw) | root | parent | reply | flag 
 Because high yield crypto companies have a long history of being perfectly fine.
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fiatdenier | 3 months ago (raw) | root | parent | reply | flag 
 Nobody said anything about high yield. It is all conjecture. They haven’t even announced anything yet
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Matt Warren | 3 months ago (raw) | root | parent | reply | flag 
 I'm just going on the assumption that this is correct. But your defense is also conjecture then, so what's your point?
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fiatdenier | 3 months ago (raw) | root | parent | reply | flag 
 You can hate him and think he is a racist bla bla bla
I just don’t think he is an asshole that create a business just to rug noobs
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Matt Warren | 3 months ago (raw) | root | parent | reply | flag 
 I never said he was a racist, so I don't know where that came from. I don't think he needs to intend to rug people for people to end up being rugged. I just don't believe that Donald Trump is going to be the one to create an honest crypto DeFi company. That is indeed speculation on my part based on having no trust for the dude. He says and does whatever he thinks is most popular, in my opinion. Which is why I don't think he really cares if people have been or will be rugged by those types of crypto companies.

My sats on a company that gets people rekt. 100k sat bet? I'll send you 100k sats if DJT is involved in a launched crypto DeFi company that doesn't end up with people getting rekt within 5 years.
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BrettPhillips | 3 months ago (raw) | root | parent | reply | flag 
 Exactly. I don’t think BlockFi thought they were going to rug anyone.
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Matt Warren | 3 months ago (raw) | root | parent | reply | flag 
 I don't either. It isn't that companies should never fail or that failure makes the owners bad necessarily. I'm just skeptical that Trump is going to be the one who suddenly makes the business model that doesn't result in disaster. I'm also just basing this on the linked article. IF that's true, I'll bet that people will get rugged. Easy bet for me.