A Financial Times report suggested that the 'Board of Peace' established by Donald Trump is considering stablecoins as part of its efforts claiming to help rebuild Gaza.
According to a Monday Financial Times report, the board is in the preliminary stages of discussing whether a stablecoin could be used to help rebuild Gaza’s economy. A person familiar with the project reportedly said the stablecoin would not be a meme coin or a replacement for fiat currency, but rather “a means to allow Gazans to transact digitally.”
Trump‘s ‘Board of Peace‘ Considers Stablecoin for Gaza Efforts: FT
14 Comments
Wammityblam@lemmy.world · 30 pts · 163d
World‘s most famous fraudster continues to commit fraud, more at 11
the_wise_wolf@feddit.org · 18 pts · 163d
Damn, I laughed at first because I misread the sub name as theonion... Stupid me.
JustJack23@slrpnk.net · 5 pts · 163d
The happens with growing regularity nowadays...
phutatorius@lemmy.zip · 15 pts · 163d
Another grift emerges. It's like the only thing he can do is be a corrupt piece of shit.
devolution@lemmy.world · 9 pts · 163d
The grift. It just continues. Knowing our luck, Trump will destroy earth and move his grift to Alpha Centauri. 10 year old green girls all the way.
massive_bereavement@fedia.io · 9 pts · 163d
I was expecting Donnie to look at the sign and exclaim: "No! I said Bored of Peace, not board of peace!"
SpermHowitzer@sh.itjust.works · 3 pts · 163d
He is probably not literate enough to know how to spell bored vs board.
Wildmimic@anarchist.nexus · 7 pts · 163d
Gentrification of Gaza incoming.
ishartdoritos@lemmy.zip · 3 pts · 163d
Get your Gaza NFTs while they're hot.
Fuck this world and everyone with any power in it.
Viking_Hippie@lemmy.dbzer0.com · 7 pts · 163d
Reminder: Donald Trump, who held zero cryptocurrency before becoming president, now has significantly more wealth in crypto than everything else combined.
If you think any crypto initiative involving him in any way is not a way to make it easier for bad actors to bribe the current infestant of the US' most famous slave-built mansion with zero transparency, I have a mountain chalet in Florida to sell you.
AngryCommieKender@lemmy.world · 2 pts · 163d
You can't sell that mountain chalet in Florida! I already sold it to Trump. I called it The Swiss Mar a Lago of Florida and he ate it up. He's planning on demolishing the current chalet with bunker buster bombs so that NOTHING can be salvaged, and is raiding Fort Knox to get several tons of gold to put on/in the planned Trump Resort and Tower.
Rentlar@lemmy.ca · 6 pts · 163d
Every part of this "Board of Peace" plan is designed to funnel money to Trump connected entities. Perhaps next meeting they'll discuss opening Trump's 7th casino attempt in the Gaza strip.
m4xie@lemmy.ca · 2 pts · 163d
I wouldn't bet in crypto, but I especially won't bet on Peace in the Middle East coin
green_red_black@slrpnk.net · -4 pts · 163d
JustTesting@lemmy.hogru.ch · 9 pts · 163d
Look at the Tether stablecoin, Tether is solely responsible for minting new tokens and has full control over the tokens, being able to blacklist or destroy wallets/tokens (since it controls the "smart contract" involved). And they have done so because of sanctions and law enforcement request in the past, with afaik well over 1 billion USDT frozen.
I see no reason why the trump team wouldn't just go for the same mechanism for their stablecoin.
paraphrand@lemmy.world · 1 pts · 163d