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Author Topic: Donald Trump Jr. Teases ‘Huge’ Crypto News—Says Defi ‘Is the Future’  (Read 394 times)
larry_vw_1955 (OP)
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August 09, 2024, 01:03:22 AM
 #1

Donald Trump Jr., the eldest child of the former 45th president, took to social media on Wednesday to declare that decentralized finance (defi) represents the future of the financial world. “We’re about to shake up the crypto world with something HUGE,” Trump Jr. announced on X, emphasizing, “Decentralized finance is the future—don’t get left behind.” His post sparked speculation among many who anticipated an announcement related to cryptocurrency, perhaps even a new meme coin.

https://news.bitcoin.com/donald-trump-jr-teases-huge-crypto-news-says-defi-is-the-future/


I'm still waiting. Waiting to find out what exactly "decentralized finance" is because the only things i have ever seen were all scams.
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August 09, 2024, 01:08:59 AM
 #2

“We’re about to shake up the crypto world with something HUGE,” Trump Jr. announced on X, emphasizing, “Decentralized finance is the future—don’t get left behind.”
Has his Account been hacked or what the fuck?

This sounds so much like a Tweet somebody would send right before starting to promote a Shit Coin.  If this is real and he is about to start promoting some sort of Cryptocurrency Donald Trump Senior has created then it will finally make sense why the sudden change to being such a warm welcomer of Bitcoin.

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August 09, 2024, 01:24:28 AM
Merited by Pmalek (2), ABCbits (1)
 #3

I'm a bit confused. What's wrong with people? The man hinted that "Decentralized finance is the future" and people were expecting a new meme coin? A meme coin is none of the keywords mentioned. It certainly isn't going to be decentralized. Neither is it relating to finance nor will it be the future.

Anyway, as expected, these people are just riding the hype. They aren't sincere in their support of Bitcoin. They're just taking advantage of the opportunity. What matters to them is power and money. Let's not get fooled!

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larry_vw_1955 (OP)
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August 09, 2024, 01:30:31 AM
 #4

I'm a bit confused. What's wrong with people? The man hinted that "Decentralized finance is the future" and people were expecting a new meme coin? A meme coin is none of the keywords mentioned. It certainly isn't going to be decentralized. Neither is it relating to finance nor will it be the future.

Anyway, as expected, these people are just riding the hype. They aren't sincere in their support of Bitcoin. They're just taking advantage of the opportunity. What matters to them is power and money. Let's not get fooled!

To me Donald Trump seems like a very ignorant person about bitcoin as far as actually using it, having a bitcoin wallet and doing transactions. I don't know if that's actually the case but he comes across like that to me. Not sure about his son.
EluguHcman
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August 09, 2024, 01:35:39 AM
 #5

“We’re about to shake up the crypto world with something HUGE,” Trump Jr. announced on X, emphasizing, “Decentralized finance is the future—don’t get left behind.”
Has his Account been hacked or what the fuck?

This sounds so much like a Tweet somebody would send right before starting to promote a Shit Coin.  If this is real and he is about to start promoting some sort of Cryptocurrency Donald Trump Senior has created then it will finally make sense why the sudden change to being such a warm welcomer of Bitcoin.
Guess there is some strategies about that tweet which is focused on creating avenue for some crypto Coins marketing opportunity.

Well... While he says "be a DeFi" without being specific, I will say "be a Bitcoiner" because adopting reputable and potential valuable coin as Bitcoin is the attractiveness of DeFi potentially aimed to restore and sustain our economy values against the threats in the future.












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pinggoki
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August 09, 2024, 01:42:40 AM
 #6

Ah yes, they're making their moves now, it seems that they already know what they're doing with this one and it's really cool to see that Jr. is in on it with his father in trying to gain the support of a lot of people that's on the fence right now about the election. I don't know much about DeFi but back then and from the looks of it, they're probably looking at something that they can replicate the capitalist machine so I don't see how a lot of people will benefit from DeFi anytime soon.

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bbc.reporter
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August 09, 2024, 01:50:54 AM
Merited by ABCbits (1), larry_vw_1955 (1)
 #7

I have been mentioning this many times in the forum already. These politicians will only be witnessed as serious on being procrypto if they do these 4 items if a candidate either Trump or Harris wins the presidency.

1. They will stop their cases against Uniswap and Coinbase.
2. The SEC will create clear guidelines in what is an illegal security and what is a commodity.
3. They create new KYC rules because their old rules have been difficult for the people in the cryptospace.
4. They will stop treating the Tornado Cash founders and other developers of privacy software very much like criminals.

I was excited in the beginning on Trump, however, when the hype began to disappear and when he began to mentioned that it is a possibility that America's national debt will be paid through bitcoin, I am beginning to speculate his seriousness on the cryptospace.

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thecodebear
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August 09, 2024, 02:12:56 AM
 #8

Donald Trump Jr., the eldest child of the former 45th president, took to social media on Wednesday to declare that decentralized finance (defi) represents the future of the financial world. “We’re about to shake up the crypto world with something HUGE,” Trump Jr. announced on X, emphasizing, “Decentralized finance is the future—don’t get left behind.” His post sparked speculation among many who anticipated an announcement related to cryptocurrency, perhaps even a new meme coin.

https://news.bitcoin.com/donald-trump-jr-teases-huge-crypto-news-says-defi-is-the-future/


I'm still waiting. Waiting to find out what exactly "decentralized finance" is because the only things i have ever seen were all scams.


You're talking about Trump here. OF COURSE it's going to be a scam. Everything he and his family does is based on scamming people.
larry_vw_1955 (OP)
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August 09, 2024, 02:53:35 AM
 #9



You're talking about Trump here. OF COURSE it's going to be a scam. Everything he and his family does is based on scamming people.

just like his stock DJT I think that thing is a scam. what value does that company offer anyone?

hopefully he loses the election and that's the last we hear of the trump family in politics.

I have been mentioning this many times in the forum already. These politicians will only be witnessed as serious on being procrypto if they do these 4 items if a candidate either Trump or Harris wins the presidency.

1. They will stop their cases against Uniswap and Coinbase.
2. The SEC will create clear guidelines in what is an illegal security and what is a commodity.
3. They create new KYC rules because their old rules have been difficult for the people in the cryptospace.
4. They will stop treating the Tornado Cash founders and other developers of privacy software very much like criminals.



#5. Stop making people pay capital gains on their crypto transactions unless it involves a conversion to fiat.
#6. Don't let Ross Ulbricht out of jail. Ross knew what he was doing if you can't do the time then don't do the crime...
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August 09, 2024, 05:20:25 AM
 #10

To me Donald Trump seems like a very ignorant person about bitcoin as far as actually using it, having a bitcoin wallet and doing transactions. I don't know if that's actually the case but he comes across like that to me. Not sure about his son.
Donald Trump recently called an emergency news conference, and people suspect that he is disappointed with his rating in several polls. Maybe his campaign team is beginning to step up their strategies. So, his son is also putting his effort into promoting his father as pro-crypto by making this declaration about decentralized finance being the future. On the other hand, the Trump family is known to be passionate business people who can do anything, both legally or illegally, for money. It could also be that he wants to set up a project for profit-making. My fingers are crossed for Trump Jr.'s next move.

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August 09, 2024, 05:47:58 AM
 #11

Barron Trump was allegedly behind the DJT memecoin on Solana that he launched, along with convicted fraudster Martin Shkreli. Donald Jr. has also been promoting the MAGAA memecoin. He’s been on their Twitter Spaces and was a special guest at their Nashville event where they charged thousands of dollars per ticket. Trump and his family only feign interest in crypto so they can enrich themselves by hawking NFTs and memecoins.

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August 09, 2024, 06:58:02 AM
Merited by Pmalek (2)
 #12

I'm still waiting. Waiting to find out what exactly "decentralized finance" is because the only things i have ever seen were all scams.
Don't hold your breath. This is just advertisement campaign for the upcoming election. This particular candidate's team has decided that the crypto community has some small number of votes they want to have so they are going to continue with their nonsense everywhere telling all kinds of lies that may fool some brainless people in the community to vote for their candidate because of those lies.

Otherwise anyone with half a brain knows that what is referred to as DeFi is just another fancier name for the same scam that started with ICOs. Create a 100% useless token and sell it to people to raise money, then call it whatever you want: ICO or DeFi or even Ordinals which is not even a token Cheesy

And lets not forget that they are all part of the same system that has always pushed for more centralization, control and surveillance and will continue to push for more. The absurdity of them talking about "decentralized" anything is beyond what can fit into words.

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August 09, 2024, 07:05:45 AM
 #13

Barron Trump was allegedly behind the DJT memecoin on Solana that he launched, along with convicted fraudster Martin Shkreli. Donald Jr. has also been promoting the MAGAA memecoin. He’s been on their Twitter Spaces and was a special guest at their Nashville event where they charged thousands of dollars per ticket. Trump and his family only feign interest in crypto so they can enrich themselves by hawking NFTs and memecoins.

So basically the so called “Trump supporting crypto if he becomes president” is mainly about meme and coins that they can profit from?

I haven’t really done much studies on his proposal - but I did saw different headlines and several social media posts talking about Trump being a man that will support crypto (which I initially thought would favour the bitcoin community which in turn would favour Privacy). But with what I’ve seen so far in this thread I am starting to think all that was just a ploy for the presidency race.

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August 09, 2024, 07:15:37 AM
 #14

I haven’t really done much studies on his proposal - but I did saw different headlines and several social media posts talking about Trump being a man that will support crypto (which I initially thought would favour the bitcoin community which in turn would favour Privacy). But with what I’ve seen so far in this thread I am starting to think all that was just a ploy for the presidency race.
Of course it was and it still is. Trump is trying to get as many people from the undecided camp of voters to vote for him and not his opponent. His team realized that there are many votes to be won by presenting him as pro-bitcoin and pro-crypto. How many Bitcoin conferences did he visit in his lifetime before his campaign started? 0, right? How many pro-bitcoin/crypto bills and laws did he propose or sign during his first presidency? I am guessing 0. And the same is probably true about anything that improves the anonymity of the taxpayers.   

Let's not kid ourselves here. He is certainly better than Genocide Joe, but men in power aren't interested in helping you gain more freedom and independence, be it financially or in any other way. 

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August 09, 2024, 07:26:41 AM
 #15

I find it hilarious seeing some people thinking that crap like this is a big deal knowing fully well how stupid most Trump family members are. Wonder how y'all would react if one of them stated that he/she was Satoshi Nakamoto.

It's pretty damn clear that Trump and his family of fools are leaving no stone unturned to try and help him retain the presidency which includes pledging fake support towards the crypto world.

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August 09, 2024, 07:40:49 AM
 #16

Barron Trump was allegedly behind the DJT memecoin on Solana that he launched, along with convicted fraudster Martin Shkreli. Donald Jr. has also been promoting the MAGAA memecoin. He’s been on their Twitter Spaces and was a special guest at their Nashville event where they charged thousands of dollars per ticket. Trump and his family only feign interest in crypto so they can enrich themselves by hawking NFTs and memecoins.

So basically the so called “Trump supporting crypto if he becomes president” is mainly about meme and coins that they can profit from?

I haven’t really done much studies on his proposal - but I did saw different headlines and several social media posts talking about Trump being a man that will support crypto (which I initially thought would favour the bitcoin community which in turn would favour Privacy). But with what I’ve seen so far in this thread I am starting to think all that was just a ploy for the presidency race.

We will never know whether he is truly pro-crypto until this election is over, it is too hasty to draw conclusions at this point.

I can only confirm one thing to you, the fact that he is selling NFTs is real. Regarding the allegations of memecoins like DJT or MAGAA, the community only suspects and makes a few theories, but no one has specific evidence to prove they are related to Barron Trump. According to the news OP received, a memecoin will be released, but as far as I know, this project is called “Trump” but is a defi platform.

The nature of politicians is cunning, willing to do anything just to achieve their goals, Trump or Harris are no exceptions. We should not rely too much on them or trust them too much.


https://x.com/EricTrump/status/1821606504061116542

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August 09, 2024, 11:11:25 AM
 #17

This is the peak, now Trump Jr. is an important person in the crypto ecosystem. Why should a meme coin that these cunts completely control be significant at all?

Is there somewhere a statement from Trump's driver, what he says, whether he supports Defi, it is very important.

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August 09, 2024, 02:38:49 PM
 #18

Wait, why the price of DEFI didn't pump? I thought it will pump considering there are a lot people really taking serious with their "role model", just like people who said Trump make Bitcoin pump. Regardless there's a difference in terms of interpretation, but people are only taking care with those "buzzwords".

DEFI and MEME, both of them are completely different.


 
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August 09, 2024, 03:43:31 PM
 #19

Donald Trump Jr., the eldest child of the former 45th president, took to social media on Wednesday to declare that decentralized finance (defi) represents the future of the financial world. “We’re about to shake up the crypto world with something HUGE,” Trump Jr. announced on X, emphasizing, “Decentralized finance is the future—don’t get left behind.” His post sparked speculation among many who anticipated an announcement related to cryptocurrency, perhaps even a new meme coin.

https://news.bitcoin.com/donald-trump-jr-teases-huge-crypto-news-says-defi-is-the-future/


I'm still waiting. Waiting to find out what exactly "decentralized finance" is because the only things i have ever seen were all scams.
At times like this, when the bull run is around the corner, that's when you will see well-known personalities or politicians trying to lure investors into investing in a project they have so many financial gains on. You don't see a politician or any influential being promoting a coin, without any hiding agenda to it, financial gains.

I think this is another way for Donald Trump Jr. to use the given opportunity of his dad contesting for USA president and supporting Bitcoin as an advantage presented for itself to launch his memecoin to that. He will easily have many investors in the crypto space who would like to invest because of how his father, "Trump," is supporting Bitcoin of late. It is most likely that if he launches a memecoin, it will soar and attract many investors as his father would soon be the president of America. This is what I think, should be Trump Jr thought on the soon-to-be-launch memecoin

 
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dkbit98
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August 09, 2024, 08:22:50 PM
 #20

I just watched a video with Trump's son talking about some new platform for tokens...   Roll Eyes
Here we go, we are going full scammer circle all over again, he was accepting bitcoin donations than he was selling stupid Trump bitcoin sneakers, now his family are going to dump tokens on everyone.
I am not surprised anymore, if people can buy a story about his ear piercing...than they can buy anything  Tongue
https://www.zerohedge.com/crypto/donald-trump-jr-launching-crypto-platform-take-banks

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