537
Trump Grades Economy ‘A+++++’ as Americans Skip Medical Care and Struggle to Afford Essentials
(www.commondreams.org)
this post was submitted on 10 Dec 2025
537 points (98.9% liked)
politics
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Eh, does it though?
His "coin" https://coinmarketcap.com/currencies/official-trump/ went from 40B to 6B in less than a year, top holders owns 80% (I imagine him), others top 10 get few millions at most and everybody else has 8%. That looks like a pretty bad outcome even for bribes.
Considering that it cost him nothing to create the coins, I'd say he and his fellow top-holders have gained $4.8B. The 20% they've already converted to cash, mostly in the beginning, north of $25, is another $6B. When you're selling a stock of free bytes, it really doesn't matter what the rubes are willing to pay each other in the secondary market. They've already cashed out: anything left is just gravy.
I doubt it. Sure it's not infrastructure and I don't know who gave him money and why but I imagine they had expectations. I imagine he promised more than his beautiful smiles. He might not deliver on his promises (as usual) but if those aren't donations then the people who didn't spend a few billions for favors will reconsider their "investments".
His coin is nothing compared to the stock market