No. of Recommendations: 6
but there were two responses, vague incomplete responses, that postulated Treasury Funds would be used to buy crypto. Not explained was how these treasury owned crypto assets get transferred to Trump ownership without being detected.
It was explained. Granted, it’s on the order of “for instance……”
And my example did NOT involve direct transfer of Treasury funds to Donnie’s bank account.
It involved direct transfer of Treasury funds for the establishment of a United States Sovereign Wealth Fund, which Donald has been advocating.
Then (also a “for instance” as an example of how the grift can work)- the Sovereign Wealth Fund, flush with tens or hundreds of billions in tax payer cash, purchases tens or hundreds of billions of dollars worth of cryptos- perhaps even Trump’s cryptos (why not? Nobody seems to care about Trump’s incessant crossing the line when it comes to his own financial interests)
The object is NOT to transfer cash from the United States Treasury to Donald Trump.
The object IS to inflate the value of cryptos already held by Trump and pre-selected billionaires, who will sell their crypto portfolios when Trump signals to them (but to nobody else) that the Sovereign Wealth Fund is buying its last (and largest) tranche of cryptos.
The billionaires sell their cryptos into that massive buying by the USSWF, cashing out at or near the high, leaving US taxpayers as the proud owners of billions in cryptos in a market where the government is no longer buying and the billionaires have already sold.
Classic pump and dump with the US taxpayer as the bagholder.