Newspapers’ estimates of the $TRUMP token’s fully diluted value fluctuated wildly from somewhere around $20 billion to around $70 billion, depending on which paper you read and when they published.
This variance perhaps should have been a sign to these reporters that the numbers aren’t real.
#crypto #cryptocurrency #DonaldTrump #USpolitics #USpol
![When Donald Trump launched a memecoin days before his inauguration, newspapers were quick to try to grab headlines with huge numbers.
“The $TRUMP memecoin — a financial asset that didn’t exist on Friday afternoon — now accounts for about 89% of Donald Trump’s net worth,” wrote Axios, which dubbed him a “crypto billionaire”.1 “[T]he so-called fully diluted value of all the tokens as of Saturday at noon was $30 billion, a number achieved less than a day after the token went on the market,” wrote the New York Times.2 Newspapers’ estimates of fully diluted value fluctuated wildly from somewhere around $20 billion to around $70 billion, depending on which paper you read and when they published.](https://fedi.ml/photo/preview/640/629023 "When Donald Trump launched a memecoin days before his inauguration, newspapers were quick to try to grab headlines with huge numbers.
“The $TRUMP memecoin — a financial asset that didn’t exist on Friday afternoon — now accounts for about 89% of Donald Trump’s net worth,” wrote Axios, which dubbed him a “crypto billionaire”.1 “[T]he so-called fully diluted value of all the tokens as of Saturday at noon was $30 billion, a number achieved less than a day after the token went on the market,” wrote the New York Times.2 Newspapers’ estimates of fully diluted value fluctuated wildly from somewhere around $20 billion to around $70 billion, depending on which paper you read and when they published.")
Newsletter: No, Trump didn’t make $50 billion from his memecoin.
citationneeded.news/trump-meme…
#crypto #cryptocurrency #DonaldTrump #USpolitics #USpol
Journalists’ flawed math and ignorance of crypto markets turn tokens into fake fortunesMolly White (Citation Needed)
So, hold on a minute...the actual president, Biden, says he will not enforce the TikTok ban, yet TikTok goes dark for a day anyway.
TikTok's error message says don't worry, the guy who is NOT president yet, Trump, will restore it soon.
TikTok comes back up after a day, while the actual president, Biden, is still in office.
TikTok's greeting message says hooray, thanks for bringing us back, guy who is NOT president yet, Trump!
...How does this even work, again? And why are Americans so ignorant that they'll buy it? 😒 #uspol #politics
Tomorrow will be a dark day for many.
For disabled, marginalized, LGBTQ+ folks & women. For anyone who still cares about others
The disability community saw this coming. It’s important we listen & understand that labelling people as expendable for 5 years leads nowhere good
Since November we’ve watched hate win over and over again.
We’ve witnessed the emboldening of those who think they’re superior to others.
We’ve seen an increase in misogyny, bigotry, ableism, racism & discrimination.
Disabled people begged the Left to pay attention. We begged you to keep masking, to push for clean air, to demand accountability from government.
We implored you to realize that our lives are not less important than your ability to go out for brunch.
Unfortunately, the vast majority of people on both sides of the aisle decided that mitigating COVID was “too hard.”
They accepted repeat infections as inevitable so they wouldn’t have to adapt their lives in any way.
They threw away people like me.
We let hate win. And now we’re going to see the consequences of that decision.
Disabled people weren’t surprised in November, we’ve been living in what feels like an alternate reality for years.
But I suspect others are about to feel our pain.
If you’re feeling scared or angry right now, know that you’re not alone. There’s a community standing with you.
I don’t know exactly what comes next, but I do know we have to keep up the fight.
disabledginger.com/p/how-did-w…
#disability #COVIDisAirborne #covidisnotover #uspol #ableism #eugenics #trump #pandemic #longcovid
Disabled people have been warning others for nearly 5 years that eugenicist Covid policies would lead to a rise of fascist, racist, bigoted, misogynistic hatred. It's here now. So what’s next?Broadwaybabyto (The Disabled Ginger)
How do you feel about the fact that in the United States people with disabilities can be paid a sub-minimum wage?
Today is the last day to submit a comment to the Federal Register asking for an end to this practice. Right now, people who profit off the back of this exploitation are flooding it with comments.
Allies: please don't miss the opportunity to even the score. It takes less than 5 minutes.
Donald J. Trump is a Convicted Felon!
Trump Sentenced to ‘Unconditional Discharge,’ Will Enter Office as Felon
Judge Juan Merchan gave the president-elect a penalty-free sentence for his hush-money crimes
Solely because of the election results, Trump escaped justice for his 34 felony convictions!
A black eye for justice in America!
#AureFreePress #News #press #headline #GOP #Politics #uspolitics #uspol #Trump #BreakingNews #Breaking
rollingstone.com/politics/poli…
Donald Trump was sentenced an "unconditional discharge" by Judge Juan Merchan on Friday in his hush money case, and will enter office as a felon.Nikki McCann Ramirez (Rolling Stone)
Never forget this report, that Trump and accomplices would like you not to know the details of...
Select January 6th Committee Final Report and Supporting Materials Collection | GovInfo
The world's richest man has joined a growing chorus of right-wing voices attacking Wikipedia as part of an intensifying campaign against free and open access information. Why do they hate it so much?
citationneeded.news/elon-musk-…
#Wikipedia #ElonMusk #USpolitics #USpol
The world's richest man has joined a growing chorus of right-wing voices attacking Wikipedia as part of an intensifying campaign against free and open access information.Molly White (Citation Needed)
Analysis: "Netflix’s Removal of Palestinian Films adds to the Erasure of Palestine"
"Netflix faces calls for a boycott after it removed its “Palestinian Stories” collection this October. This includes approximately 24 films."
juancole.com/2024/12/resistanc…
#Palestine #Censorship #NetflixCensorship #USPol .
By Chandni Desai, University of Toronto (The Conversation) - Netflix faces calls for a boycott after it removed its “Palestinian …Informed Comment
UnitedHealthcare CEO shot dead in targeted attack.
The suspect used a gun with silencer and is still on the run.
cnbc.com/2024/12/04/unitedheal…
#USPol #healthinsurer #insurace #NYC #Healthcare #BrianThompson #UnitedHealthcare
Thompson, who led the largest private insurer in the U.S., was set to attend UnitedHealth Group's investor day, which the company canceled.Annika Kim Constantino (CNBC)
This is a US supplied 2,000 pound bomb milliseconds before it exploded in a residential neighborhood of Beirut Lebanon a day or two ago.
There have been so many strikes on medical workers and residential buildings in Lebanon the past week I just can't keep up.
#USPol #JoeBiden #Beirut #Lebanon #Israel #FreePalestine #FreeLebanon
Escaping From Trump?
Fancy a break?
A 4-year cruise: the US offers a "break from politics"
A residential cruise line is offering a four-year voyage for passengers looking for an extra-long vacation.
All-inclusive tickets start at $256,000 for a single room. Double rooms start at $319,998. The cruise will take vacationers to 140 countries.
#AureFreePress #News #press #headline #vacation #cruise #Politics #uspolitics #uspol
Attached: 1 image Non-Americans watching the US struggle to decide between electing a professional career politician or a racist serial sex offender with 34 felony convictions and the IQ of a spoonInfosec Exchange
I had no idea that North Carolina allows spouses to share a voting booth. Both must consent to that, but of course an abused (or otherwise scared or intimidated) spouse isn't going to complain.
ncnewsline.com/2024/10/25/alam…
h/t @MissGayle @Burnt_Veggies @cafechatnoir
#uspol #voting #NorthCarolina
Some Alamance County voters at the polls were shocked to see spouses sharing voting booths — though the practice is legal in North Carolina.Brandon Kingdollar (NC Newsline)
To pull a Bezos: to sell oneself out to someone only to be kicked in the teeth by them.
Couldn’t have happened to a smarter person. Like literally, almost anyone paying attention with a modicum of intelligence would have known acquiescence would earn them nothing but scorn.
h/t @amberwavesofflame
#fec #WashingtonPost #trump #bezos #USpol
See my reporting on their previous violation, which is being reviewed by the FEC: citationneeded.news/coinbase-c…
#Coinbase #crypto #cryptocurrency #USpolitics #USpol
Actively involved in contract negotiations with a federal government agency, Coinbase was likely prohibited from making its $25 million contribution to the Fairshake cryptocurrency-focused super PAC in May 2024.Molly White (Citation Needed)
As an active federal contractor, Coinbase is prohibited from making political contributions, including to super PACs. This makes $50 million that they have contributed in violation of pay-to-play laws for contractors.
#Coinbase #crypto #cryptocurrency #USpolitics #USpol
We want to support the journalists; so boycott Amazon and encourage Bezos to sell the Washington Post to someone who gives a shit.
Washington Post writers say don’t dump subscriptions over non-endorsement
theguardian.com/media/2024/oct…
#WashingtonPost #JeffBezos #WaPo #Journalism #FreePress #BoycottAmazon #EatTheBillionaires #USPol
Fears for effect on jobs at newspaper owned by billionaire Jeff Bezos that declined to back a presidential candidateEdward Helmore (The Guardian)
I donated to @glyph and co's #SuperSwingDistricts slate. Properly resourcing state-level candidates increases the chance that voters in important swing districts might actually get to meet someone they're going to vote for, or be persuaded to show up and vote for something that matters to their local community.
Learn more, consider supporting: superswingdistricts.org/
I've donated to #SuperSwingDistricts, a strategy for donating to local candidates in important races that are also likely to "turn out" many voters who wouldn't have voted for the federal candidate otherwise. Thanks @glyph for building and sharing this 💜
Please take a look, this strategy seems compelling to me:
And we made it, and then some. On to the next goal: $60k.
Writing that thread about the stakes of the election from my perspective really took a lot more out of me than I thought it was going to though, so please get to $60k while I take a break for a while.
An hour later and we're only a little over $300 from the new goal. Thank you to everyone donating. Really inspiring to watch.
Okay, time to properly launch this: SUPER SWING DISTRICTS! superswingdistricts.org
This is a slate of Democratic candidates calculated for maximum impact for your donation dollars.
National campaigns receive a ton of money, but can't always deploy it locally in the places that the Electoral College, gerrymandering, and … shenanigans mean it needs to be spent. But figuring out which local campaigns *can* use it is a lot of work. This site is the output of that work.
So, yeah. Make a plan to vote for Democrats. Donate to Democrats. Get out the vote for Democrats. A vote for Democrats might not be perfect, but it is a vote *against* fucking killing somebody's whole family.
Of course the Maga party is not *exactly* the Nazi party, I do not think Jews will be first on the list; we will not have a play-by-play Holocaust re-run. But they *are* playing the hits by starting with "the communists", which some of you may recall begins a famous poem.
Godwin's law looms over all discourse so I try not to bring this up constantly but *I* am constantly thinking about it when looking at the news.
My great grandparents' names are on that list I just linked. And when we were learning about what the other kids in school would call "the holocaust", my grandmother would often speak about her experience using french words and phrases, because, you know. It happened to her, and when it happened to her it happened in french.
And that's the word she would use, in French. "Déportations". As in "mémorial des déportations", which is what a lot of holocaust museums are called in France.
For me, the phrase "mass deportation" has a visceral resonance more like "fucking kill your whole family" than "fiscal policy".
Which makes me feel absolutely insane when horse-race pundits say it. "Will fucking killing your whole family reduce housing prices? Fucking killing your whole family is very popular among men 18-34."
2020 was our Beer Hall Putsch. It failed. Remember when Hitler failed seize power? Conservative elites allowed his rehabilitation, his poisoning of their institutions. It was years until he could do "deportations". And—I cannot stress this enough—*that is what they called it*. "Deportations".
This is what a record of "mass deportations" looks like. en.wikipedia.org/wiki/Timeline…
We are past "it could happen here". It *IS* happening here. It just hasn't all happened *yet*.
Going to take a break for a few hours from talking about #SuperSwingDistricts but I did want to talk just a *little* bit about the stakes.
In 2016… almost 8 years ago… I wrote this: blog.glyph.im/2016/11/what-are…
If you're convinced, this is not an article for you to read, but it is an article for you to share, if you know someone who is not convinced that this is *serious*.
I was early, but I wasn't wrong.
In 2016, nobody had "mass deportations now" signs. In 2016, there were guard rails.
Deciphering Glyph, the blog of Glyph Lefkowitz.blog.glyph.im
“The last time the United States launched a mass deportation effort … U.S. citizens of Hispanic descent were rounded up and sent to Mexico—a place that many had never been before. The mass deportations that Trump is proposing would be devastating for our #economy and dangerous for American Latinos.” texasobserver.org/how-mass-dep…
#Trump #news #politics #Fascism #extremism #Republicans #Texas #USpol #immigration #border #election2024
The Lone Star State is home to millions of undocumented residents and members of mixed-status families critical to the state’s economic success, yet Texas leaders are cheering on Trump anyway.Francesca D’Annunzio (The Texas Observer)
One very strange side-effect of the US's _all the elections all at once_ approach to democracy is that donating to specific underresourced local campaigns can improve turnout in consequential state and federal races.
Here's a way to donate to 18 important and underfunded State-level races that could help deliver important Federal results: superswingdistricts.org/
mastodon.social/@glyph/1133473… #USPol
Okay, time to properly launch this: SUPER SWING DISTRICTS! https://superswingdistricts.org This is a slate of Democratic candidates calculated to give the maximum impact to your direct-donation dollars.Mastodon
Have you heard about SUPER SWING DISTRICTS yet? I posted about it already, but I am so bad at using discoverability features of this platform. So let's give it a try and just go nuts with the hashtags on this repost, to see how much those help. Super Swing Districts is a slate of *state legislature* candidates that can maximize the value of your election donation dollar in crucial swing districts: mastodon.social/@glyph/1133473…
#USPol #election #democracy #fundraising #harris #election2024
Okay, time to properly launch this: SUPER SWING DISTRICTS! https://superswingdistricts.org This is a slate of Democratic candidates calculated to give the maximum impact to your direct-donation dollars.Mastodon
Thank you, McSweeney's, for perfectly capturing the CoinDesk endorsement of Donald Trump I wrote about last night
McSweeney's: mcsweeneys.net/articles/im-an-…
Newsletter: citationneeded.news/issue-68/
![Despite all of this, the sometimes decent CoinDesk crypto media outlet has come out with a truly embarrassing endorsement-that-claims-not-to-be-an-endorsement of Donald Trump. (“If CoinDesk were in the business of endorsing political candidates and if crypto were the only issue that mattered, it's pretty clear whom we would back to become the next U.S. president.... [E]ven though we don't endorse candidates, we do endorse Trump's crypto platform, such as is [sic].”) Although they claim to be “troubled” by his racism and “increasingly authoritarian rhetoric” — which they describe as “the antithesis of a crypto movement focused on decentralizing authority and empowering individuals” — the opinion piece by CoinDesk’s editor-in-chief, published on behalf of CoinDesk as a whole, is full of “neverthelesses” and “even thoughs” and “howevers” as he recommends Trump anyway. The whole thing boils down to “sure, Trump is a shameless racist who’s been increasingly threatening to do things like round up immigrants and deploy the military against his political enemies, and his statements on crypto kind of seem like empty pandering, but on the other hand, Harris has been... vague.”](https://fedi.ml/photo/preview/640/600221 "Despite all of this, the sometimes decent CoinDesk crypto media outlet has come out with a truly embarrassing endorsement-that-claims-not-to-be-an-endorsement of Donald Trump. (“If CoinDesk were in the business of endorsing political candidates and if crypto were the only issue that mattered, it's pretty clear whom we would back to become the next U.S. president.... [E]ven though we don't endorse candidates, we do endorse Trump's crypto platform, such as is [sic].”) Although they claim to be “troubled” by his racism and “increasingly authoritarian rhetoric” — which they describe as “the antithesis of a crypto movement focused on decentralizing authority and empowering individuals” — the opinion piece by CoinDesk’s editor-in-chief, published on behalf of CoinDesk as a whole, is full of “neverthelesses” and “even thoughs” and “howevers” as he recommends Trump anyway. The whole thing boils down to “sure, Trump is a shameless racist who’s been increasingly threatening to do things like round up immigrants and deploy the military against his political enemies, and his statements on crypto kind of seem like empty pandering, but on the other hand, Harris has been... vague.”")
Harris shouts out crypto in her “Opportunity Agenda for Black Men”, one crypto exec leaves prison as another enters, and Stand With Crypto bets on the favorites.Molly White (Citation Needed)
Russian law could ban the child-free lifestyle.
Russians who promote 'child-free movement' could soon face hefty fine, Putin says woman's purpose is to birth children and basically, being childless is a threat to national security and state longevity
They are trying to consolidate that the woman’s role boils down to exclusively bearing children
Now we know where JD Vance got his anti cat woman, pro birth woman talking points #USPol
nbcnews.com/news/world/russia-…
Just so this doesn't get lost in the shuffle: Bullfinch Group poll shows Trump 48-Harris 47...
IN FLORIDA 🤯
GOTV is going to be absolutely crucial. Like, the difference between a nailbiter and being called before 11pm Eastern.
The RNC is intervening on Trump's behalf to fight for the right to continue removing voters from Georgia rolls. The revelation comes in a federal lawsuit alleging Republican violations of the National Voting Rights Act.
#GOPCorruption #TFG #Election #USPol #NVRA
rollingstone.com/politics/poli…
The RNC moved to intervene in a federal lawsuit over Georgia county election boards removing voters — many of whom are homeless — from the rolls.Justin Glawe (Rolling Stone)
Donald Trump rambled and lied for over an hour without any follow up questions or fact-checking. MSNBC’s Lawrence O’Donnell says that while he hopes Vice Pre...YouTube
