TL;DR
Trump’s crypto flip-flops mirror his chaotic decision-making across the board, endangering those who mistake his bluster for wisdom. History repeats itself, from subprime to shitcoins.
Story
Trump’s crypto cluelessness? Shocking, right? Just like a gambler betting on a horse he can’t even name, his pronouncements reveal a deep misunderstanding of how crypto works—or anything for that matter.
His stance shifts like a weather vane, echoing whatever his echo chamber shouts loudest. One minute he’s calling Bitcoin a “scam,” the next he’s selling NFTs of himself like some kind of digital snake oil salesman. It’s a chaotic mess, reflecting a broader pattern of incompetence and opportunism we’ve seen throughout his career.
This isn’t just about crypto, though. It’s the same story with trade wars, healthcare, you name it. He operates on gut feeling and bluster, ignoring experts and playing to his base’s fears. The real danger? His followers blindly trust this “wisdom,” often with their wallets. Like moths to a flame…or maybe lemmings to a cliff.
‣ NFT: Non-fungible token. Think of it as a digital collectible with a unique “fingerprint,” though its value is often…questionable. ‣ Bitcoin: The original cryptocurrency, known for its volatility and mysterious origins. Like digital gold, but with more dramatic mood swings.
Remember the 2008 crash? Many lost everything because they believed the hype, the “too good to be true” promises. Same song, different verse. Whether it’s subprime mortgages or meme coins, greed and ignorance make a dangerous cocktail.
The lesson? Do your own homework. Don’t trust blindly, especially not those who profit from your ignorance.
Advice
Skepticism is your best friend in crypto. If it sounds too good to be true, it probably is. Remember: a fool and his money are soon parted.