this post was submitted on 18 Jan 2025
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Buttcoin

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Buttcoin is the future of online butts. Buttcoin is a peer-to-peer butt. Peer-to-peer means that no central authority issues new butts or tracks butts.

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[–] pja@awful.systems 2 points 3 hours ago

If Trump makes his own memecoin part of the national currency reserves it will genuinely be the grift that never stops giving.

Honestly, I think this is more likely than him forcing the Treasury to allocate $billions to current BTC holders. Trump doesn’t hold any BTC (or only trivial amounts) as far as we know, so there’s absolutely no personal upside for him in this scenario. Letting other people walk away with $billions whilst Trump gets nothing doesn’t seem very Trump, does it?

I suppose they could up with a scheme where a portion of the $$ from BTC sales to the Treasury get used to buy TrumpCoin or whatever. But that requires him to trust BitCoin bros. Is that plausible?

[–] ExtremeDullard@lemmy.sdf.org 7 points 7 hours ago* (last edited 7 hours ago)

Just when Trump and his idiot sons became cryptobros themselves. That's the true art of the deal: invest in shit and then become president to legally mandate your shit.