Donald Trump’s NFTs Are the Perfect Symbol of American Capitalism in 2023

[basquebromance]

there will come a time where the rich will crumble and the poor people will rise up and ask for their rights, and if enough people do, they will get those rights

Donald Trump’s NFTs Are the Perfect Symbol of American Capitalism in 2023

I bet you thought you were done hearing about non-fungible tokens. Well, Trump is bringing them back. The former president has never met a scam he didn’t love, and what’s a better scam than NFTs?

jacobin.com

 

[basquebromance]

when an “American” company like General Motors shows healthy profits, this is good news for its strategic brokers in Detroit and its American investors. It is also good news for other GM executives worldwide and for GM’s global employees, subcontractors, and investors. But it is not necessarily good news for a lot of routine assembly-line workers in Detroit, because there are not likely to be many of them left in Detroit, or anywhere else in America. Nor is it necessarily good news for the few Americans who are still working on assembly lines in the United States, who increasingly receive their paychecks from corporations based in Tokyo or Leipzig

 

[okfine]

there will come a time where the rich will crumble and the poor people will rise up and ask for their rights, and if enough people do, they will get those rights

Donald Trump’s NFTs Are the Perfect Symbol of American Capitalism in 2023

I bet you thought you were done hearing about non-fungible tokens. Well, Trump is bringing them back. The former president has never met a scam he didn’t love, and what’s a better scam than NFTs?

jacobin.com

He made the money off them and now they aren't worth much. Talk about a bad investment.

 

[Woodznutz]

there will come a time where the rich will crumble and the poor people will rise up and ask for their rights, and if enough people do, they will get those rights

Donald Trump’s NFTs Are the Perfect Symbol of American Capitalism in 2023

I bet you thought you were done hearing about non-fungible tokens. Well, Trump is bringing them back. The former president has never met a scam he didn’t love, and what’s a better scam than NFTs?

jacobin.com

What rights don't poor people have now?

 

[basquebromance]

What rights don't poor people have now?

seriously?

the right to eat, have good health, drink clean air, breathe clean water etc

 

[basquebromance]

Some Americans, whose contributions to the global economy are more highly valued in world markets, will succeed, while others, whose contributions are deemed far less valuable, fail. GM’s American executives may become more competitive even as GM’s American production workers become less so, because the functions performed by the former group are more highly valued in the world market than those of the latter. So when we speak of the “competitiveness” of Americans in general, we are talking only about how much the world is prepared to spend, on average, for services performed by Americans. Some Americans may command much higher rewards; others, far lower. No longer are Americans rising or falling together, as if in one large national boat. We are, increasingly, in different, smaller boats

 

[Frankeneinstein]

the right to eat,

fast food has all but obliterated that misconception

have good health,

eating a lot less would go a long way in fixing that

drink clean air, breathe clean water

Let me see if I understand you correctly... you would give them the right to "eat nothing and drown?" seriously?...ya need to calm down bro, yer way out in front of your ski's here.

 

[basquebromance]

The families in the worst financial trouble are not the usual suspects. They are not the very young, tempted by the freedom of their first credit cards. They are not the elderly, trapped by failing bodies and declining savings accounts. And they are not a random assortment of Americans who lack the self-control to keep their spending in check. Rather, the people who consistently rank in the worst financial trouble are united by one surprising characteristic. They are parents with children at home. Having a child is now the single best predictor that a woman will end up in financial collapse.

 

[whitehall]

Tokens are phony little collectables. Nobody mistakes them for authentic currency except maybe the blog that calls itself "Jacobian". Trump didn't make any money off this stuff but democrats are up to corrupt asses in dirty money donated by a bit/coin scammer named Bankman-Fried. Nobody has seen the guy since he was extradited from the West Indies so maybe Biden's spooks had him knocked off.

 

[Dragonlady]

What rights don't poor people have now?

Stupid question. You must lead a very privileged and sheltered life if you don't know the answer to that one.

Why don't you go down to the poor part of town and try to support your family on workers' wages and see how many rights you have.

 

[Woodznutz]

Stupid question. You must lead a very privileged and sheltered life if you don't know the answer to that one.

Why don't you go down to the poor part of town and try to support your family on workers' wages and see how many rights you have.

The poor aren't poor because they lack rights. Rights don't guarantee success.

 

[mak2]

I thought with Trumpy bear it was kinda an idolotry thing. I am sure of it with the NFTs. Comforts the flock.

 

[Woodznutz]

The families in the worst financial trouble are not the usual suspects. They are not the very young, tempted by the freedom of their first credit cards. They are not the elderly, trapped by failing bodies and declining savings accounts. And they are not a random assortment of Americans who lack the self-control to keep their spending in check. Rather, the people who consistently rank in the worst financial trouble are united by one surprising characteristic. They are parents with children at home. Having a child is now the single best predictor that a woman will end up in financial collapse.

Needs further clarification.

Mostly young, unmarried, uneducated women, with no marketable skills.

 

[Woodznutz]

seriously?

the right to eat, have good health, drink clean air, breathe clean water etc

The poor are generally overfed, with free food.
They breathe the same air as most.
Water purifiers are inexpensive.

I've been drinking distilled water for nearly 50 years. Cost about 25 cents per gallon.