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Newsletter: No, Trump didn’t make $50 billion from his memecoin.
Citation Needed · No, Trump didn’t make $50 billion from his memecoinJournalists’ flawed math and ignorance of crypto markets turn tokens into fake fortunes
@molly0xfff can we the start calling out the other guy too? Like 90+% of his supposed net worth is the crypto-like valuation of a stock that’s maybe worth 20 to 80 Billion if it would be traded like a car company. Is the difference is that he can take out loans against the stock, he definitely can’t cash it all in at will.