President-elect Donald Trump has now found yet another way to convince his followers to throw their money his way — this time with a questionable cryptocurrency venture.Axios is reporting that the soon-to-be 47th president of the United States has rolled out a "meme coin" dubbed $TRUMP, which is bei...
Pretty much. You can make 1001 cards with your signature and a number on them, sell 1 of them for $1000 to your best friend, then say you’re a millionaire now because you have 1000 cards left each worth $1000.
That’s how cryptocurrency market caps work.
I read your comment, thought it’s impossible that you’re right, and took a beat to verify. You’re entirely correct. Crypto truly is this stupid.
Great! Now we need to fix the tax code so you have to declare that as income, and it’s taxed progressively. That would pretty quickly put the kibosh on these scams.