Trump Meme Coins and the New Era of Digital Political Corruption | Pivot

This is the most important story. I think, uh, Scott and I were both totally offended by this, and I think it is actually a serious, uh, problem of, of corruption. Trump and Melania have, uh, released their own individual crypto meme coins. They're called... Just so you know, meme coin, these kinda coins are called shitcoins. Uh, there's a fartcoin, in case you're interested, and many others like it. As of Tuesday morning, the two coins were worth $8.4 billion combined. President Trump's reportedly planning an executive order to make digital assets a national priority. Well, he can... Well, he promises to release one billion of his own coin in the next three years. Uh, this is just... They don't have to stay at the Trump Hotel anymore. They can just bring the receipts for buying his shitty, his shitcoin, essentially. This is really bad. This is bad.

Staying at the Trump Hotel or playing golf there where he saw the ledger of golf officials, uh, buying stock in Donald Trump Media, that was all checkers compared to this chess. Because with Donald Trump Media, he has to file, uh, with the SEC a public document saying, "I'm selling shares." The price would crash. Now, the following conversation I would speculate, uh, will or already has happened, and that is, "President Trump, congratulations on your enormous victory. It's your good buddy, Vlad. And guess what we're thinking of doing? The Treasury here in Russia is thinking of investing $600 billion for a variety of reasons in cryptocurrency, specifically the Trump coin. And my economists, wouldn't you know it, have calculated that based on the small float of a half a billion dollars, when we pulse in 600 billion rubles or $10 billion, that's gonna take the market cap of this thing easily to $50 or $60 billion. And should you decide to sell-"

Mm-hmm.

"...20% of your stake overnight, what do you know? I, and I just bring this up, you'll become-"

(clears throat)

"...one of the five wealthiest men in America." And in un-

And you don't have to say.

And, and nobody will know. And in unrelated news, President Trump, we would like you to seize arms shipments to Ukraine. I mean, this is-

(laughs)

...just so-

This is bribery writ large.

I- i- uh, they have created... It's kind of a, a bond-

This is what they thought Bitcoin would be used for, bribery, corruption, pornography-

It's a great point.

...merch, uh, mer... This is the... I'll tell you, a lot of crypto people are, like, horrified because they kind of, they were like, "Great, we're finally getting our legs under us around some really important, you know, legislation and regulation."

W- what if he can't get, what if he can't get two or three, two or three Republican senators on board for a federal ban of abortion, and he just calls him and says, "Hey, on the down low, you're old, you're leaving. I can give you $10 million in crypto to your fund or to another account you name, and no one will ever know. No one will ever know."? Oh, uh, Taiwan or China, you're about to invade Taiwan. I- i- i- we don't need to do a covertly, just call them. What if he just calls both of them and says, "It's eBay for geopolitics. Whoever buys more Trump coin gets US intelligence and some of our heavy mater- uh, uh, uh, uh, uh, heavy armaments and-"