The Damage Report
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Trump Tries To Make A Point At Key Moment... FAILS Spectacularly
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September 22, 2024
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5:57Now PlayingDonald Trump completely falls on his face at a key moment to settle massive concerns of his family pushing their latest scam of a new crypto business and proves he has no idea what he's talking about during a disastrous interview. John Iadarola breaks it down on The Damage Report.
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Trump jumps into cryptocurrency, appears to know nothing about it
"Donald Trump, who previously called Bitcoin a scam, has launched a new cryptocurrency venture called World Liberty Financial. "Crypto is one of those things we have to do," he said in an interview on X. "Whether we like it or not, I have to do it." The news comes just a day after a likely assassination attempt against Trump at his Florida golf course.
Trump is entering the venture with his sons Donald Trump Jr. and Eric Trump, along with two crypto entrepreneurs: Chase Herro (who once called stablecoins "borderline a Ponzi scheme") and Zachary Folkman, who founded a company called Date Hotter Girls. Trump's 18-year-old son Barron Trump, who has no known crypto expertise, is also listed as "chief DeFi [decentralized finance] visionary."
The tokens themself are supposedly based on US dollar stablecoins. Some involved in the venture have touted it internally as a borrowing and lending platform, according to The New York Times."
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