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kentuck

(116,280 posts)
Wed Jul 8, 2026, 08:48 AM Yesterday

Trump's crypto-currency deals are nothing more than old-fashioned pyramid schemes.

It is being reported that Donald Trump has made over $2 billion dollars on his crypto-currency deals, including his meme coins and World Liberty Financial transactions.

Just like the old pyramid schemes from the '50s and '60s, the person at the top of the pyramid gets the most. That would be Trump. The first investors usually do very well also. But after the top one-third get their cut, the rest of the "investors" start losing their money. The closer to the bottom, the more money you lose.

This is exactly what has happened with the Trump crypto-currency scams. Trump and his buddies, who bought the coins first, made big profits, but about two thirds of their investors lost billions of dollars.
Caveat Emptor, let the buyer beware.

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Trump's crypto-currency deals are nothing more than old-fashioned pyramid schemes. (Original Post) kentuck Yesterday OP
All of them are pyramid schemes. BlueTsunami2018 Yesterday #1
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