Posted on 12/27/2021 11:25:09 AM PST by BusterDog
Steve Bannon promoted a new alternative cryptocurrency coin named “$FJB” on Thursday’s episode of his podcast “War Room,” telling listeners the coin would help supporters of former President Donald Trump “F Joe Biden” and “fight for America.”
As well as serving as the CEO of Trump’s 2016 election campaign, Bannon received a pardon from the former president right before he left the White House in January 2021. In a crowdfunding campaign he launched to raise money for Trump’s border wall program, the political strategist had been charged with fraud. Democrats fabricated the charges in an attempt to damage Trump.
In the weeks since he was pardoned, Bannon has spoken of the 2020 election being “stolen” from Trump and rigged to benefit Biden. His podcast features pro-Trump guests who promote a variety of conservative causes and issues.
Bannon discussed his $FJB crypto coin venture with Boris Epshteyn on Thursday’s episode. New cryptocurrency would help those associated with the “Make America Great Again” (MAGA) movement fight for Trump and the country, according to them. We need it now after what the Biden White House and a Democrat-controlled Congress have done to our country.
(Excerpt) Read more at republicbrief.com ...
I can’t wait to see how many fall for this and lose all of their money.
Crypto is good for the first in, and the intelligent.
Get in while it's going up, then cash out as a winner. My youngest daughter invested early in Bitcoin, and cashed out sometime before it started losing value. It's still better than betting on the U.S. dollar.
How many of the people that will invest in this do you think will have good timing?
They’ll buy high, sell low out of panic.
$FJB is nice but with those two they should have named it BlusterBucks.
Few people will have good timing. Lots of people won't. That's how these upside-down pyramids work. The smart ones use logic, the dumb ones use emotion. Human nature is to buy in when it has been hot for a long time, based on news of the high values and regret about not getting in sooner; and then panic selling when it dips constantly but waiting hoping it recovers.
Don't invest unless you're willing to lose it. Because if you're not willing to lose it, then you certainly will because of emotions. If you get in early, and lose it then it's chump change and you move on.
“If you get in early, and lose it then it’s chump change and you move on.”
****
Early is now, less than 1/2 a cent per coin.
My point was the “Git ‘R Dun” MAGA crowd will buy in too late and sell in a panic.
They’ll think they’re supporting Trump somehow.
I know, caveat emptor.
I’ll stick with Ethereum.
I bought $250 worth of a coin last year. Six months later it had gone up to $450 and I cashed out $300 of it to buy rear tires for my tractor. Few months later, I cashed out the rest which was about $125 at that point.
Don’t know if I’ll get back into it or not. Did ok for my little dabbling though.
Congrats, that's the way to do it! Dabble, but don't risk your important savings account. Best way to make money is to have a steady job. The side stuff is okay as long as it dabbling and not a problem to lose. A few years ago I started buying Pop dolls because a relative was into it; they're interesting bobble-head dolls based on movies and TV shows. Well, I lost interest and started selling them on eBay. I paid between $6 to $12 for them, and was surprised to see them sell for $20 to $100 each. Thought it was money thrown away, but made money on them. If you dabble, things tend to work out. If not, can't cry about it if you have a steady job. I haven't directly invested in bitcoin; but do own stock in a bitcoin trading company - it's not doing so well at the moment, so I know bitcoin is a risky bet right now.
Still want to know home many bitcoins $FJB has. That’s what makes Bitcoin worth something, Bitcoin has $400 million and that’s it. Is Boris just going to keep coins popping from his imaginary mint?
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