Trump Grifts $2billion in Crypto from Abu Dhabi

[Bray123]

https://www.msn.com/en-us/money/gen...2b-emirati-backed-investment-deal/ar-AA1E4XjF

An Abu Dhabi state-backed investment firm is making a major $2 billion investment in a crypto business deal that could serve as a major boost for Trump family crypto venture World Liberty Financial, according to Zach Witkoff, co-founder of World Liberty Financial.

USD1, World Liberty Financial's so-called "stablecoin" -- a digital asset designed to maintain a stable value -- is expected to be used to complete Emirati investment firm MGX's $2 billion investment transaction in crypto exchange Binance, Witkoff said during an appearance with President Donald Trump's son Eric Trump at a crypto convention in Dubai this week.

Why is an Emirate State giving the Trump crime family $2 billion?
Has Jared Kushner repaid the $2 billion given by Saudi in 2022?
How long before some Arab country gives Baron $2 billion?

Quid Pro Quo is the name of the Trump game.

 

[Politruk]

Why is anybody anywhere investing in crypto?

 

[Baztrachian]

Why is anybody anywhere investing in crypto?

The US dollar for quite a while now has been mostly a digital currency that exists only on computers. Crypto builds on the fact that people already trade in electronic hypotheticals that have absolutely no fungible or intrinsic value.

The value of most crypto versus fiat currencies is that the 'supply' of crypto is generally finite.

More and more people are realizing this and trading in it.

For shits and giggles I generated 18 Bitcoin back in 2009 when it launched. It was worth about four cents each and cost me about fifty cents each to generate. I sold them last December for US$98k each.

Paid my taxes on it and netted $934,000.

Not too shabby for an original investment of my time plus nine bucks in expenses.

 

[jomar]

^^^ We’re all millionaires on the internet