BrikoXM to TechnologyEnglish · 6 months agoTrump’s Truth Social media company posts $327m first-quarter losswww.theguardian.comexternal-linkmessage-square16fedilinkarrow-up1177arrow-down15file-text
arrow-up1172arrow-down1external-linkTrump’s Truth Social media company posts $327m first-quarter losswww.theguardian.comBrikoXM to TechnologyEnglish · 6 months agomessage-square16fedilinkfile-text
Trump Media and Technology Group, which owns Truth Social, says focus is ‘long-term product development’ rather than revenue
minus-squarejaybone@lemmy.worldlinkfedilinkEnglisharrow-up6·6 months agoSo clearly this is some kind of grift. But how does it work?
minus-squarebarsquid@lemmy.worldlinkfedilinkEnglisharrow-up4·6 months agoTricking clowns into buying wildly overpriced securities and money laundering combo.
minus-squareRvTV95XBeo@sh.itjust.workslinkfedilinkEnglisharrow-up4·6 months agoPretty straightforward. Build idiot following Develop minimum viable product Tell idiots if they invest, they’ll help you on your idiotic crusade AND get rich in the process. Pocket investments for profit. Once you’ve rung everything you can out of your wet blanket supporters, abandon platform. Also, claiming excessive losses is probably an attempt at tax evasion.
minus-squareDuamerthrax@lemmy.worldlinkfedilinkEnglisharrow-up2·6 months agoData harvesting, direct pipeline to brainwash right wing talking points into voters.
So clearly this is some kind of grift. But how does it work?
Tricking clowns into buying wildly overpriced securities and money laundering combo.
Pretty straightforward.
Also, claiming excessive losses is probably an attempt at tax evasion.
Data harvesting, direct pipeline to brainwash right wing talking points into voters.