Nobel Prize-winning economist Paul Krugman tells @ErinBurnett why he thinks Trump’s Strategic Bitcoin Reserve is a "giant rug pull scam." pic.twitter.com/WsVry8xNvS
— Erin Burnett OutFront (@OutFrontCNN) March 8, 2025
I really don't have anything to add. Trump is turning a part of the United States' actual wealth into a casino where we are putting down real money for chips other folks are gambling.
Trump notoriously bankrupted casinos. Some people think this was a kind of money laundering and I am not saying this is wrong, and when I look at this ill-begotten notion?
Why did people vote for a tax fraud, a business fraud, a con artist and cheat?
The entire Trump presidency is a kind of Nigerian prince scam. He isn't who he represents himself as and people dump money into him hoping someday, he pays off. I will literally never stop being mad so many people are this absolutely obviously janky person's marks.
He neutered all the watchdogs that would point out a rugpull, too. Good thing since his own memecoin gambit post-election was so transparent for a value of being transparently wrong. Why in the world would you go after McMoney when we got real money at home?
I don't know who is getting rich on this, but if you are a regular person with like, an IRA or a 401k you are looking forward to in your declining years--we are out here declining fast and none of this is good for you. This is like some mafia bust out using your tax money for a boiler room pump and dump and stuff. Start grinding your pitchforks and getting your torches dipped at once.
We aren't screwed in the dark but in broad daylight.
There should certainly be a bit more screaming by now. Wake the fuck up! Trump himself is a scam. He's enriching billionaires and fucking us over, killing what OUR tax dollars paid for so rich folks can pay a lot less. He's wrecking your future, your comfort, your retirement.
And he's discouraging dissent and telling his GOP congresscritters to not even listen to their fucked-over constituents. Don't hold town halls. Hide your phone number. Because it's better for Trump they listen to HIM--not YOU.
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