# Trump Launches New Crypto Business **URL:** \ **Category:** Miscellaneous and Personal Stuff I Must Share\ **Tags:** trump\ **Created:** [September 18, 2024, 4:16am UTC](https://boards.straightdope.com/t/trump-launches-new-crypto-business/1007419 "2024-09-18T04:16:36Z")\ **Posts on this page:** 11\ **Page:** 1
**Author:** ![Dr\_Paprika](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/dr_paprika/32/3042_2.png) [@Dr\_Paprika](https://boards.straightdope.com/u/Dr_Paprika)\ **Post date:** [September 18, 2024, 4:16am UTC](https://boards.straightdope.com/t/trump-launches-new-crypto-business/1007419/1 "2024-09-18T04:16:36Z")
Nothing could possibly go wrong here (limited gift link below). After all, the venture has a decentralized finance expert in 18 year old Barron, and stand-up dudes like Eric and Donald Jr. are further supported by extraordinary gentlemen. Institutions will be lining up, like they did for Truth Social. Get in while you still can! **Excerpt: (Toronto Globe)** _A day after an apparent assassination attempt against former president Donald Trump, he appeared on a livestream Monday to champion his latest business venture: cryptocurrencies._ _“Crypto is one of those things we have to do,” Mr. Trump said on the social-platform X. “Whether we like it or not, I have to do it.”_ _Beside him were his collaborators, including a family friend; Mr. Trump’s two oldest sons, Donald Trump Jr. and Eric Trump; and two little-known crypto entrepreneurs with no experience running a high-profile business. Together, they were rolling out Mr. Trump’s crypto venture, World Liberty Financial, a project that has already raised concerns about the former president’s conflicts of interest and even alarmed some of his most vocal supporters in the industry._ _…On the livestream, he did not address the project directly, leaving the details to the two entrepreneurs, Chase Herro and Zachary Folkman. Mr. Herro has described himself as “the dirtbag of the internet,” while Mr. Folkman used to teach classes on how to seduce women._ _It’s highly unusual for a presidential candidate to embark on a new business just weeks before Election Day and even rarer for one to aggressively promote a venture designed to benefit himself and his family._ _…Several members of the Trump family have roles in the business, according to a list of team members included in the white paper. Donald Trump’s title is “chief crypto advocate.” Barron Trump, his 18-year-old son, is listed as the project’s “DeFi visionary,” a reference to the branch of crypto known as decentralized finance. Eric Trump and Donald Trump Jr. are each described as a “web3 ambassador.”_ _A disclaimer at the end of the document said the platform wasn’t owned or managed by Donald Trump, the Trump Organization or his family, though family members might receive compensation._ > **[Donald Trump rolls out his new cryptocurrency business](https://www.theglobeandmail.com/gift/2c74378c75ce69f3bd05148883e9aa787edbcaa15de44e8517335ccc76bfb73e/6IR7FC6DFFHB7JHFQTZ22JJRPI/)** > > The exact purpose of Mr. Trump’s latest business venture is unclear, with observers raising conflict-of-interest concerns should he be elected President in November ---
**Author:** ![Smapti](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/smapti/32/17938_2.png) [@Smapti](https://boards.straightdope.com/u/Smapti)\ **Post date:** [September 18, 2024, 5:17am UTC](https://boards.straightdope.com/t/trump-launches-new-crypto-business/1007419/2 "2024-09-18T05:17:17Z")
> [@Dr\_Paprika](#): > > “Whether we like it or not, I have to do it.” Translation: I have no idea what any of this is but they told me they’ll pay me to put my face on it ---
**Author:** ![Little\_Nemo](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/little_nemo/32/3120_2.png) [@Little\_Nemo](https://boards.straightdope.com/u/Little_Nemo)\ **Post date:** [September 18, 2024, 5:22am UTC](https://boards.straightdope.com/t/trump-launches-new-crypto-business/1007419/3 "2024-09-18T05:22:26Z")
> [@Dr\_Paprika](#): > > A disclaimer at the end of the document said the platform wasn’t owned or managed by Donald Trump, the Trump Organization or his family, though family members might receive compensation. I guess this is intended to reassure potential investors. ---
**Author:** ![Procrustus](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/procrustus/32/2994_2.png) [@Procrustus](https://boards.straightdope.com/u/Procrustus)\ **Post date:** [September 18, 2024, 6:22pm UTC](https://boards.straightdope.com/t/trump-launches-new-crypto-business/1007419/4 "2024-09-18T18:22:41Z")
> [@Dr\_Paprika](#): > > “Crypto is one of those things we have to do,” Mr. Trump said on the social-platform X. “Whether we like it or not, I have to do it.” I’d like to hear more about why he _has_ to do it. Because he’s broke? ---
**Author:** ![ThelmaLou](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/thelmalou/32/390_2.png) [@ThelmaLou](https://boards.straightdope.com/u/ThelmaLou)\ **Post date:** [September 18, 2024, 6:24pm UTC](https://boards.straightdope.com/t/trump-launches-new-crypto-business/1007419/5 "2024-09-18T18:24:39Z")
Is he fucking _kidding_ us?? 🤯 Donnie, sit down and shut up for five minutes, wouldja? ---
**Author:** ![Voyager](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/voyager/32/133_2.png) [@Voyager](https://boards.straightdope.com/u/Voyager)\ **Post date:** [September 18, 2024, 6:44pm UTC](https://boards.straightdope.com/t/trump-launches-new-crypto-business/1007419/6 "2024-09-18T18:44:21Z")
I’m fine with it. The chumps who didn’t lost their money buying Truth Social at the high can lose it buying crypto. ---
**Author:** ![Stranger\_On\_A\_Train](https://avatars.discourse-cdn.com/v4/letter/s/13edae/32.png) [@Stranger\_On\_A\_Train](https://boards.straightdope.com/u/Stranger_On_A_Train)\ **Post date:** [September 18, 2024, 6:50pm UTC](https://boards.straightdope.com/t/trump-launches-new-crypto-business/1007419/7 "2024-09-18T18:50:21Z")
I’m waiting until “SBF” recommends it as a great investment with a guaranteed \>1000% ROI. Stranger ---
**Author:** ![Dr\_Paprika](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/dr_paprika/32/3042_2.png) [@Dr\_Paprika](https://boards.straightdope.com/u/Dr_Paprika)\ **Post date:** [September 18, 2024, 9:32pm UTC](https://boards.straightdope.com/t/trump-launches-new-crypto-business/1007419/8 "2024-09-18T21:32:26Z")
Would you settle for Breitbart? ---
**Author:** ![EddyTeddyFreddy](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/eddyteddyfreddy/32/18796_2.png) [@EddyTeddyFreddy](https://boards.straightdope.com/u/EddyTeddyFreddy)\ **Post date:** [September 18, 2024, 9:59pm UTC](https://boards.straightdope.com/t/trump-launches-new-crypto-business/1007419/9 "2024-09-18T21:59:22Z")
That whole thing reads like a parody story. Are they trying to put _The Onion_ out of business? ---
**Author:** ![Little\_Nemo](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/little_nemo/32/3120_2.png) [@Little\_Nemo](https://boards.straightdope.com/u/Little_Nemo)\ **Post date:** [September 18, 2024, 11:37pm UTC](https://boards.straightdope.com/t/trump-launches-new-crypto-business/1007419/10 "2024-09-18T23:37:19Z")
> [@Stranger\_On\_A\_Train](#): > > I’m waiting until “SBF” recommends it as a great investment with a guaranteed \>1000% ROI. I’m waiting until John Barron recommends it as a great investment. ---
**Author:** ![Ike\_Witt](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/ike_witt/32/283_2.png) [@Ike\_Witt](https://boards.straightdope.com/u/Ike_Witt)\ **Post date:** [September 19, 2024, 12:03am UTC](https://boards.straightdope.com/t/trump-launches-new-crypto-business/1007419/11 "2024-09-19T00:03:47Z")
I can’t be the only one who is noticing that the pace of new grifts is increasing…