2aHawaii
General Topics => Political Discussion => Topic started by: eyeeatingfish on June 02, 2025, 12:01:54 PM
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Trump's crypto coin is one of the bigger ethical and legal issues of his presidency but seems to get less attention than smaller stories.
There are the usual pump and dump/scam concerns with any new crypto. Whether Trump wanted to fleece his supporters or whether he really was interested in a legitimate coin I do not know. Trump was previously against crypto but the Trump coin gave him a wealth, on paper, of $56 billion at the high point. The trades alone have already made profits of millions of dollars. For context, the price per coin was $74 at its high one day after its launch and is currently valued at $11.27.
The $Trump coin was issued 3 days before he was inaugurated as president. The coin was released on the market and hours later Trump made a public announcement. 20% of the coins were released onto the market (200 million coins). The legal and ethical concerns come into play in the semi-anonymous nature of crypto currencies. One can circumvent laws regulating political donations by purchasing coins compared to a political donation. One can also influence/bribe Trump through a purchase of his coins. Similar to how Hunter Biden made lots of money selling his paintings to rich people wanting the ear of Joe Biden, Trump could sell coins to any person who wanted something in return. Crypto would make it even harder to prove than quid-pro-quo paintings since crypto payments are hard to track and identify the purchaser.
Trump held a dinner for the top $Trump coin owners and the White House declined to identify the attendees. I am not saying Trump has done anything illegal at this point but in terms of transparency of our leaders, this presents serious concerns for anyone seeking to make sure power isn't being abused.
https://thehill.com/homenews/ap/ap-business/ap-trumps-meme-coin-business-racks-up-fees-as-buyers-jump-at-the-chance-for-access-to-the-president-2/
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You know what can also "buy" a politician...cash. OP left out cash and how it can do the above too.
The fake news hasn't run with this yet as major "breaking" headlines. So I will assume it's a nothing burger for now.
And as usual, I didn't click on the link.
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You know what can also "buy" a politician...cash. OP left out cash and how it can do the above too.
The fake news hasn't run with this yet as major "breaking" headlines. So I will assume it's a nothing burger for now.
And as usual, I didn't click on the link.
The issue was crypto so of course I didn't mention cash. It is like talking about poisons as a murder weapon and you come in asking why I didn't mention axes.
:stopjack:
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he was "adding nuance"...
The issue was crypto so of course I didn't mention cash. It is like talking about poisons as a murder weapon and you come in asking why I didn't mention axes.
:stopjack:
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he was "adding nuance"...
Since we are at it, I also left out sexual favors as a form of payment too.
(https://media2.giphy.com/media/v1.Y2lkPTc5MGI3NjExdWZxZzV5c3hqZWp5MWNycG1kNjh2Y2V2MXE4Y2VhN2d5Y3duOWNkZyZlcD12MV9pbnRlcm5hbF9naWZfYnlfaWQmY3Q9Zw/FbiL9rsmZN3ib2JSGo/giphy.gif)
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The issue was crypto so of course I didn't mention cash. It is like talking about poisons as a murder weapon and you come in asking why I didn't mention axes.
:stopjack:
SWOOOOSSSHHHHHH
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Since we are at it, I also left out sexual favors as a form of payment too.
You seem to have left out any actual criminal or ethical allegations regarding the Trump coin. You're just trying to stir the pot because the corporate media isn't doing a good enough job of that themselves.
"... but seems to get less attention than smaller stories."
This is a nothing-burger issue that you wish had more attention than it deserves.
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You seem to have left out any actual criminal or ethical allegations regarding the Trump coin. You're just trying to stir the pot because the corporate media isn't doing a good enough job of that themselves.
"... but seems to get less attention than smaller stories."
This is a nothing-burger issue that you wish had more attention than it deserves.
So what?
Do you think ethics are only an issue when people make allegations? No one alleged any crime in Hunter Biden selling paintings to rich democrats who would like Joe Biden's ear, that doesn't mean there were no ethical concerns. Ethical violations is something you have to constantly guard against, not merely wait. With your attitude there is nothing wrong with an effectively concealed bribe because there are no allegations. The whole concern is how Trump creating a crypto currency enables a new form of influence and bribery that is much harder to watch and see if there are indications of crimes or ethical violations.
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So what?
Do you think ethics are only an issue when people make allegations? No one alleged any crime in Hunter Biden selling paintings to rich democrats who would like Joe Biden's ear, that doesn't mean there were no ethical concerns. Ethical violations is something you have to constantly guard against, not merely wait. With your attitude there is nothing wrong with an effectively concealed bribe because there are no allegations. The whole concern is how Trump creating a crypto currency enables a new form of influence and bribery that is much harder to watch and see if there are indications of crimes or ethical violations.
Your what-about-ism is rejected.
I think ethics issues deserve to at least be based on more than fantasy and false allegations. We have enough real problems to wrestle without fabricating them out of nothing.
But, I understand you need to feed your hate.
#TDSisReal
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With your attitude there is nothing wrong with an effectively concealed bribe because there are no allegations. The whole concern is how Trump creating a crypto currency enables a new form of influence and bribery that is much harder to watch and see if there are indications of crimes or ethical violations.
Bribing government officials is illegal. Doesn't matter how "concealed" it is. Not getting caught doesn't make it "legal".
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Your what-about-ism is rejected.
I think ethics issues deserve to at least be based on more than fantasy and false allegations. We have enough real problems to wrestle without fabricating them out of nothing.
But, I understand you need to feed your hate.
#TDSisReal
This has nothing to do with allegations genius, this has everything to do with the ability to catch them when they do happen and prevention through knowledge that it can be caught.
But I understand you need to prostrate before
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Bribing government officials is illegal. Doesn't matter how "concealed" it is. Not getting caught doesn't make it "legal".
The fear of getting caught is a far better deterrent than the fear of punishment if one is caught.
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The fear of getting caught is a far better deterrent than the fear of punishment if one is caught.
So you don't agree with what I posted? Is it cause your wording you used would be wrong again? We call this a conflict management tactic.
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So you don't agree with what I posted?
Obviously not, neither do studies of effectiveness of deterrents
https://nij.ojp.gov/topics/articles/five-things-about-deterrence.
Is it cause your wording you used would be wrong again? We call this a conflict management tactic.
What wording I used would be wrong?
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This has nothing to do with allegations genius, this has everything to do with the ability to catch them when they do happen and prevention through knowledge that it can be caught.
But I understand you need to prostrate before
We don't have the ability to predict what's going to happen in the future, genius.
Just like most Liberals, you pretend we can prevent crime by creating laws.
What "prevention through knowledge" are you proposing? A committee that decides who can avail themselves of financial opportunities and who can't based on what? Your prediction that this person will not violate some ethics policy and that person will? Is that really your idea of fair and equal treatment under the law?
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Obviously not, neither do studies of effectiveness of deterrents
https://nij.ojp.gov/topics/articles/five-things-about-deterrence.
What wording I used would be wrong?
Re-read the post, it will answer your question.
My post was
"Quote from: changemyoil66 on June 03, 2025, 03:33:12 PM
Bribing government officials is illegal. Doesn't matter how "concealed" it is. Not getting caught doesn't make it "legal"."
And instead, you replied about getting caught or not.
Then I replied asking if you agree with my post.
Thus, you must not agree that "Bribing government officials is illegal. Doesn't matter how "concealed" it is. Not getting caught doesn't make it "legal"."
See, when you once again refuse to admit you're wrong, you forget what's going on. It's hard to keep a lie going/remember a lie. You of all people should know this as that's what you were taught.
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Obviously not, neither do studies of effectiveness of deterrents
https://nij.ojp.gov/topics/articles/five-things-about-deterrence.
What wording I used would be wrong?
(https://i.imgur.com/7kxqDob.jpeg)
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Re-read the post, it will answer your question.
My post was
"Quote from: changemyoil66 on June 03, 2025, 03:33:12 PM
Bribing government officials is illegal. Doesn't matter how "concealed" it is. Not getting caught doesn't make it "legal"."
And instead, you replied about getting caught or not.
Then I replied asking if you agree with my post.
Thus, you must not agree that "Bribing government officials is illegal. Doesn't matter how "concealed" it is. Not getting caught doesn't make it "legal"."
See, when you once again refuse to admit you're wrong, you forget what's going on. It's hard to keep a lie going/remember a lie. You of all people should know this as that's what you were taught.
Likelihood of getting caught is the point is the whole point, you pointing out that bribery is illegal is irrelevant. My pointing out fear of getting caught is a bigger motivator is not disagreeing with your statement that bribery is illegal. So I am not wrong, you just made a non-sequitur.
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Likelihood of getting caught is the point is the whole point, you pointing out that bribery is illegal is irrelevant. My pointing out fear of getting caught is a bigger motivator is not disagreeing with your statement that bribery is illegal. So I am not wrong, you just made a non-sequitur.
No, you are pointing out how bribing a government official isn't illegal due to your lack of agreeing with my statement of it. I posted it more than once and you didn't agree, but instead shifting to it being about getting caught. That's not how laws work and you of all people should know that.
Now you are trying to move goal post. Thanks for playing.
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We don't have the ability to predict what's going to happen in the future, genius.
Just like most Liberals, you pretend we can prevent crime by creating laws.
What "prevention through knowledge" are you proposing? A committee that decides who can avail themselves of financial opportunities and who can't based on what? Your prediction that this person will not violate some ethics policy and that person will? Is that really your idea of fair and equal treatment under the law?
Strawman, I never said anything about predicting crimes.
Are you disputing my assertion that crypto creates an avenue where bribery and influence could occur that would be much harder to catch? If not then that means Trump's crypto coin inherently creates concerns that unethical or illegal transactions could be completed without getting caught.
Conservatives used to be the people concerned with too much power and secrecy in a president. Why are those values being abandoned when it comes to Trump?
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No, you are pointing out how bribing a government official isn't illegal due to your lack of agreeing with my statement of it.
Non-sequitur. Me not saying "I agree" isn't the same as saying "I disagree"
I posted it more than once and you didn't agree, but instead shifting to it being about getting caught. That's not how laws work and you of all people should know that.
Now you are trying to move goal post. Thanks for playing.
I shifted nothing, the issue is and was always the likelihood of getting caught, specifically how the anonymity of crypto means it would be hard to catch or watch. You tried to shift the issue pointlessly by saying bribery is illegal. Thanks captain obvious, that's not relevant.
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Non-sequitur. Me not saying "I agree" isn't the same as saying "I disagree"
I shifted nothing, the issue is and was always the likelihood of getting caught, specifically how the anonymity of crypto means it would be hard to catch or watch. You tried to shift the issue pointlessly by saying bribery is illegal. Thanks captain obvious, that's not relevant.
I asked and you chose to deflect so you wont have to admit im correct and youre wrong. It is relevant.
You obviouslly dont know much about crypto if u think its hard to catch or watch.
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I asked and you chose to deflect so you wont have to admit im correct and youre wrong. It is relevant.
You obviouslly dont know much about crypto if u think its hard to catch or watch.
Wrong and wrong.
Admitting you were right that bribery is illegal wouldn't be admitting I was wrong because I never said or suggested bribery wasn't illegal. You often make true but irrelevant points, just because I don't have you a gold star for saying something true doesn't mean you somehow beat me at anything.
You obviously don't know that much about crypto if you think it isn't hard to catch.
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Wrong and wrong.
Admitting you were right that bribery is illegal wouldn't be admitting I was wrong because I never said or suggested bribery wasn't illegal. You often make true but irrelevant points, just because I don't have you a gold star for saying something true doesn't mean you somehow beat me at anything.
You obviously don't know that much about crypto if you think it isn't hard to catch.
I asked you about it and you chose to reply with a non-answer. AKA:"I won't answer that he's right because then my argument fall apart and it would be wrong". Thanks for playing.
Crypto can vary from easy to hard to "catch" things. You posted on how it's hard to catch : "specifically how the anonymity of crypto means it would be hard to catch or watch". Digital trails exist. Thanks for confirming you don't know much about crypto.
Now compare this to cash that has no digital trail of when handed from hand to hand.
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I asked you about it and you chose to reply with a non-answer. AKA:"I won't answer that he's right because then my argument fall apart and it would be wrong". Thanks for playing.
Wrong.
That sounds like what a rapist says when he rapes a drunk woman. "She didn't say no so it was consent"
Crypto can vary from easy to hard to "catch" things. You posted on how it's hard to catch : "specifically how the anonymity of crypto means it would be hard to catch or watch". Digital trails exist. Thanks for confirming you don't know much about crypto.
Now compare this to cash that has no digital trail of when handed from hand to hand.
Strawman, I never said digital trails don't exist. Show me how useful those digital trails are with anonymous wallets, crypto washing, crypto tumbling and privacy focused crypto currencies.
Cash in any significant amount has to be laundered to be useful. Only works if you are just going to sit on a pile of money.
Thanks for confirming you don't know much about crypto or cash.
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Wrong.
That sounds like what a rapist says when he rapes a drunk woman. "She didn't say no so it was consent"
Strawman, I never said digital trails don't exist. Show me how useful those digital trails are with anonymous wallets, crypto washing, crypto tumbling and privacy focused crypto currencies.
Cash in any significant amount has to be laundered to be useful. Only works if you are just going to sit on a pile of money.
Thanks for confirming you don't know much about crypto or cash.
Wow, what an unrelated example to use. You are in a dark place today man. And it's also wrong as the definition of "consent" per google is : "permission for something to happen or agreement to do something.". So even your dark example is wrong as a no doesn't mean yes. I hope you don't think of things in this manner since you're the one who used this bad and dark example.
Please show me where I stated you said digital trails don't exist. You are once again imaging things.
Your thing about laundering just solved the next step in the cash process. Even the crypto process would have to do this and oops, there's that pesky digital trail that you think I said that you said it doesn't exist.
Thanks for confirming you still don't know much about crypto.
You seem to be going off the reservation today. I suggest you take a step back and regroup. You seem to be better when you're fresh.
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