I know that many of you at this point think I am a shill or a mule of the dev and I want to tell you myself that I am not, for whatever it's worth. Some of you think that because my account says Newbie and I speak out and apparently seem to know a little bit about mining, crypto and economics that I am actually a senior member in disguise. Again, I am not. I can assure you that you’ve never met me but I’m happy to get to finally know you all, thrilled actually. I am a long-time lurker coming out of the shadows. Sorry it’s not as exciting as what some of you seem to be hoping for but it is what it is.
The dev does not know me and I don’t know him yet, although I have had the pleasure of a few PMs back and forth. I snuck in under the radar of this project at very early inception and started mining and accumulating massive amounts of this coin. It’s more lucrative for me at this point to put on a banker’s hat and concentrate more on helping to ensure the success of my investment to allow other people to accumulate, so I’m no longer mining it and concentrating on a grander scheme.
Let it be known, right here and now, that the things I say to you in this forum are not endorsed or approved by the Trumpcoin devs. While I hope that Chicken agrees with the majority of my opinions, it’s his project and ultimately, I respect his decisions. Think of me as a lobbyist. But this isn’t Washington. This is the free-thinking world. I am lobbying to the dev and to you, the people who own this thing. That’s the way it should be.
I believe very strongly in this project, its core values as they have been so far defined, and its mission.
I’ve been into crypto quietly since not long after its birth. That said, I recognize that many, if not most of you, are smarter and more experienced than me and I respect all of you, some much more than others I do have to say. I owe many, many thanks to all of you for teaching me much of what I know. This forum has been a wealth of knowledge over the years. So thank you all for that.
There is no new “tech” with this coin and while there are some really great ideas being brought forward, I don’t see that level of development as realistic for this project – yet. Chicken called it a “trading coin” with an ideological theme and mission. He has defined the mission as “Make crypto great again.”
Sweet! Let’s do that! I’m all in!
But how?
Simple. Break it back down to basics, regroup and redefine the things that we have learned to get this far. Tech be damned. We’re not ready for new tech because we are too dysfunctional with the core concepts of Bitcoin and fair trade. Something very fundamental is broken with this community today in that regard. Sorry, but face it. It's true and everyone knows it. We can't fix crypto or currency if we don't look at ourselves first.
Sometimes it’s easy to get sucked into the micro side of things – the here and now – a single perspective - and cast the larger picture aside. Sometimes we find ourselves on the inside looking out and we forget to walk out the door, turn around and look at what we are building from the outside looking back in. We forget really simple rules and values when we fall into that.
TrumpCoin is a bank. That’s it. Pure and simple. It, like any other coin out there that has no real commodity attached to it simply has to specialize in one thing and one thing only – money. I know I say this a lot but… It’s really just that simple.
The markets that revolve around this bank are nothing more than markets. The exchange is NOT the bank.
Let me repeat that… The exchange is NOT the bank.
To make this bank strong enough to give confidence to people that are potentially thinking about making the switch from fiat and other currencies, I believe we should function like a credit union. The folks with the largest wallets should be moving to convince everyone else that our coins are not in circulation. The largest coin stacks should be pledged into trust as a security blanket for everyone else.
There needs to be a Trust Committee and a trust fund program that anyone can participate in. POS should eventually be implemented in a way that locks coins into trust for a period of time like a CD. Coins in trust hold the market up by taking massive amounts of currency out of circulation, effectively making it easier to hold and raise a solid price floor in the markets while giving investors easy roadmaps to fair profits. Central trust is another option, an open wallet that the bank uses to leverage itself against dangerous market trends and conditions. This is how the TrumpFund should be used, IMHO. As an insurance policy.
By placing large amounts of coins in trust, circulation can be thinned to a manageable volume for real growth. Done correctly, it creates a naturally bullish market that grows with every fiber of fiat that gets added to the system. Incoming investments have no choice but to bid at or above the price floor. The floor protects from dumping by absorbing it. If the floor is bigger than the dump potential the market cannot crash. It can only be slowed down. Dumping will slow down or stop altogether as people begin to realize how much their coins are actually worth tomorrow and the next day. Investors buy and miners mine with confidence in this type of environment. Keeping the floor as high as safely possible at all times and raising it at every safe opportunity will create an environment of fair trade for all involved.
Open communication and transparency are absolutely critical. Investors need to know where to set the floor and expect a return. Miners need to know how much they can expect to make.
I have just procured
www.MakeCryptoGreatAgain.org I plan to use it to clearly lay out our financial roadmap, as it is decided upon here, as well as mining and market stats, etc. Most importantly, this is where we can redefine the simplest aspects of what we do and how we do it most effectively. I believe our first order of business should be to define a clear code of conduct and definition of ethics. We should do this to remind ourselves of the rules of fair trade in crypto and why we are even here to begin with, which is to fix our money and be prosperous. I won’t be making it up myself. It’s not mine. It’s ours.
Customers need to know what the hell is going on. Period.
I have procured
www.MakeMoneyGreatAgain.org This side is for them. A very simple layman’s guide to moving fiat into crypto, a very simple Trump-only quick-exchange, and all the news, charts and statistics that everyone will no doubt want public access to.
If running this thing like a credit union sparks your interests then…
I have 400,000 trumps that I am willing to place in trust and I can plan to continue adding many more coins to that wallet as we go. I know that by doing this, I am effectively devaluing my own wallet in order to strengthen us all and will likely never get to cash that wallet out completely at market value. I don’t want to. I have stacks of other coins not in that wallet that I will use selfishly, knowing that my trust fund makes that possible.
I pledge to all of you right here today, that not one 1 satoshi will be removed from that wallet before Trumpcoin exceeds the value of $1 USD. Along with that, I pledge not to dump this wallet onto your price floor and destroy what I am asking you to help build. When my fund matures the way that I have defined it for myself or the way it gets redefined by this community, I will either lock it back in for another term or sell it in bulk to a direct buyer, ie, sell my share of the bank. It will not hit the exchanges. Ever.
So who's up for a challenge?
Chicken and TechGuy – you first. You have about a million coins between the two of you. Combined with mine, we have 1.3 million of the 3.7 or roughly a third of the entire economy. Pledge them into trust and meet me at $1.00. That brings active circulation down to ~2.5 million for a financial roadmap to 1 dollar.
This move would make our price floor rock solid at 250 sats with the current 6 BTC on the buy books. 12 BTC gets us back up to 500 with enough strength to withstand any amount of market suppression or other manipulations. We’re talking about a total of $5,000. That’s chump change. Remember, we’re building a freakin’ bank here! There are lots of players and investors in this community. It’s not a heavy load when split among the masses. From there, we just step up to meet each buying point while keeping pace with new coins.
I’m seeing, what, about 200k new coins a day being minted before the fork? That means at 500 sats, the market is growing by 1 BTC a day. You are making a good move to put the brakes on that. If investors can’t or decide not to keep up with miners, it WILL break the bank.
If we implement locked POS to give ourselves and others a secure opportunity to invest into Trump Funds, we can thin things out enough to take off like a rocket and we can beat the buck.
And now a final challenge to everyone else who has spent the last decade of their lives trying to figure out how to make crypto great:
Put it in your mind right here, right now that your trump wallet is worth 1 USD per coin. If you can convince yourself that this could be a reality then it goes with reason to stop selling dollars for 10,000th of their ultimate value. Make this pledge with us for a serious committed investment. Stop shorting and go long. It’s just your word for now and at no point should we or anyone else attempt to take control over your money. You will still have it. You will just pledge your own common sense not to spend it until we reach 1 dollar with enough strength to let you be rich and reap the rewards of your patience and perseverance and pioneering entrepreneurial spirit. Believe that you really CAN be rewarded. Because you will. You are not doing this for you alone. You are doing this for the entire crypto community and ultimately, for the sake of America and even the world. If you believe that our financial systems are broken, then take this opportunity today to make a stand and vote with your dollar, right now, while the elections are ramping up into full swing. Help me take our country back. Peacefully. The right way. In the only language these crook leaders understand – Cold. Hard. Cash.
Once we build some strength in our economy we can literally escrow our paychecks away from Big Banks and hold our own damn money ransom from the thieves that have been taking it from us. Once we pass $1, life will get much cheaper. That is the ONLY leverage that will make our elected officials ever listen to us. We have to buy our politicians back.
The real beauty of crypto is that it is, quite literally, the peoples’ bank. Chicken and TechGuy started it. But it belongs to you and me now. Let’s start building it.
