I Am Ready To Transfer My Life Savings Into Your New Bank, Mr. (real) President.
(media.patriots.win)
MAGA
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Please give me MAGA Bank!
The implications are amazing, IMO.
Can you imagine not being worried about your bank closing your accounts cause they found out how you voted or saw who you donated money to? Smells like freedom to me!
AMEN! And how said bank can invest in MAGA stocks/companies
Oh I would love a MAGA based IRA!!!
the literal scenario of money talking and bullshit walking, fren.
Sign me up!
Shut up and take my money!!
Yeah people it’s a credit union. Might want to try it haha
lol good point, but this would be at MAGA levels with no brakes.
There is a MAGA ETF...
Unfortunately it wrongly equates MAGA with Republicans
True - we are only one lable: PATRIOTS
Word. One example in that ETF is Eli Lilly. They recently withdrew political contributions from congressmen who contested electors.
MIRAGA?
yes! look at your 401k folks, look at how much of your money is actually funding the enemy literally, investing in chinese stocks
Or anti american companies like Twitter or Facebook.
What happens when businesses start declining you because of your bank tho? I mean I love this idea but I have a feeling that could happen
Then you dont shop there..F#$$em! I wouldn't want to support a business that decline MAGABank
Oh - you mean an ACTUAL American bank pre-Obama/Patriot Act?!
Add these to your fun collection,
The Story of Monetary Policy
Once Upon A Dime
The Story of the Federal Reserve Systeem
He needs to create a MAGA phone
https://trends.gab.com/trend-feed/5ffbbf309cd48c07ede9fe1f
Which bank did that?
It would give retailers a backbone. Not that many don't but threat of being canceled is real.
Payment processors, website hosting, small businesses...
Please give me a MAGA credit card/online payment service.
Cucked vendors would block it.
Cucked vendors would block it, but others would not. That would give consumers solid evidence of which vendors were bad actors and give clear focus for where competing businesses could make inroads.
Then I would avoid those vendors.
Then the lefties would hound them. Force them to stop
Not to my knowledge. But if some based MAGA banker out there is watching... they got a huge pool of Pedes who want such a service!
CROSS US BANK OFF.. THE CEO sent out emails to employees that was anti-MAGA!!!
Yeah and what will they base the currency off of I. The international exchange? Pretrodollar. It’s as if we never moved our $. The situation may be irreversible, he wasn’t able to achieve it as President idk what y’all expect
I was stating if he made a bank, took over patriot mobile, joined forces with elon on making data centers....holy balls would he make money
Can't wait for my savings account to grow BIGLY!
Holy fuck! My first sticky!
I want to take this opportunity to say that I LOVE YOU ALL!
MONEY TALKS AND BULLSHIT WALKS!
It is exciting to get a stickie🤓
just not any associated with kamala
Lol. Speech! SPEECH!!!
The first time is unforgettable, believe me.
THIS. We control the money, we will get our power back. They are so fcking scared that we unify our finances and target their shitty mouthpiece CCP businesses. PLEASE TRUMP, HELP US ORGANIZE OUR ECONOMIC WAR!
Exactly!
100% or 300% if in michigan with you! THIS IS THE WAY. We wield enormous power financially. Individually not so much. But if Trump or someone else can unite us financially and we support our businesses while targeting the leftists for boycott, we can collapse them without firing a shot. they will be forced to tax us at a high rate, in which case, we cross that bridge then.
agreed as well. since we have next to 0 places to shop that don't hate us, hopefully people will start saving,
Like the Amish?
Fuck bitcoin. For one, it's controlled by China miners. For two, it's insanely volatile. The price has crashed multiple times.
And finally, speaking as a tech guy, don't think the tech industry in conjunction with government can't kill Bitcoin, because they can. Easily. If they decide to filter or poison the traffic, no more transactions, and no more Bitcoin. Bitcoin is completely dependent on the freeflow of Internet traffic. All your money gone poof! just like that.
If you want to play around with money you don't need, knock yourself out, but you're a fool if you keep a significant amount of your savings there.
I’ve always been skeptical of the CCP angle on bitcoin. They want to ration our energy through climate bullshit then get everyone hyped on a digital currency that runs on huge amounts of electricity (that we get taxed on and they don’t).
The CCP isn't one guy. It's a whole lot of people scamming people out of money on a thousand fronts. One of the reasons Bitcoin is so volatile (besides being intrinsically unstable, but that's another subject) is price manipulation. Buy Bitcoin, trade Bitcoin back and forth among themselves (or even a single person), drive the price up, sell to fools at the top, then let the price collapse. Repeat and shake head at the fools who will never learn.
Sure frankly it hurts not to be in on the short term but long term it only works if the internet stays free and meanwhile it sucks value out of the dollar (precisely why many want to get out of the dollar to begin with).
Sounds like someone missed the boat
One time I was in a casino, and I saw lots of people around me winning money. But somehow I left the casino with a loss. Somehow I missed the boat on winning all that money.
Even if you win a fortune in a casino, you were still a fool if you bet your life savings there.
But hey, I still wish you luck on that roulette wheel, and I definitely hope they don't shut down the casino with your money still in there.
I'll just point out that the investment graveyard is full of day traders with exactly the same famous last words carved on their metaphorical tombstones. :)
You don't understand bitcoin at all. A single entity would have to own over 50% of all total bitcoin, or 51% of all the computing power to have "control" over it, and that's practically a statistical impossibility at this point. There's a reason Biden has already put in place plans to attack cryptocurrency, and it's because crypto is the single most effective way to deny wealth distribution (socialism/communism). Ten years from now, you'll have wished you put even a few hundred dollars into bitcoin. It's going to be like gold, but gold the commies can't come and pry up your floor boards to steal from you.
Sorry, man, but you really don't understand the technical underpinnings. You're looking at it conceptually ("A single entity would have to own over 50% of all total bitcoin, or 51% of all the computing power to have "control" over it") and I'm talking about making it impossible to perform transactions.
Without the ability to trade, Bitcoin is worthless. The entire thing is just numbers in a ledger, with everyone sharing the same ledger. If you prevent people from transmitting transactions or prevent verification of transaction, you've killed Bitcoin.
There are numerous technical ways to make it very difficult to trade bitcoin. Can you make it absolutely impossible? No, but they don't have to do that. They just have to make it bad enough that it scares nearly everyone away from it.
They used to say that shutting down Bittorrent movie piracy was impossible. You know how they killed it? THE ISPS SCAN FOR BITTORENT TRAFFIC AND RAT YOU OUT TO HOLLYWOOD. I've actually received warnings from my ISP about disconnecting my Internet. I don't download movies anymore. Did they kill the entire concept of movie trading? No, people still do it, but it's 1% the size of what it was.
Bitcoin survives only because the government hasn't decided to shut it down. Given how much illegal money is being used, I personally think it's only a matter of time, but who knows? But guess what happens if they get solid proof that terrorist money is moving through Bitcoin.
Sorry man, but you don't understand the technical underpunnings.
You can't stop bitcoin, the miners determine when and how a block is made. You literally can't block the traffic. Someone could try and it would take a few hours for the network to enforce encrypted connections and it would continue on.
They also can't stop bit torrents. They're alive and well and over 80% of the total network traffic last time I checked. Everyone runs protocol encryption to avoid the ISP meddling with the traffic.
Just because you were to uninformed to use proper security on your end doesn't make the technology not exist. Also, please stop being a leach and just pay for your content. I suspect the reason you hate crypto is because it's the single largest tool that works against government control of money.
Fuck no, why should you pay hollywood who're using that money to attack our Rights?
But... but... but... you don't understand it will be worth $50K before the end of the year!
/s
Yeah follow the miner forums. Bitcoin has been CCP controlled for years now, might as well hoard Yuan. Monero and some of the others resist it better.
Having the largest percentage of a crypto doesn't give you control over it.
Sure it does. If you control >50% of the nodes, you can alter the blockchain freely. Add transactions, remove transactions, put all existing coins into your wallet. Anything.
Satoshi's take was that, if you control so much of the blockchain, you have no incentive to cheat, because it would cause the coin to lose all its values. And that would mean the cheater would lose the most.
But a government may have other incentives to cheat than just "taking all the coins".
Having more than 50 percent of the hashrate does.
A 51% attack is hypothetical and also becoming statistical less and less possible the more popular bitcoin mining becomes. Even for China, amassing enough computing power to literally be over 50% of ALL bitcoin mining worldwide is a feat that's rapidly becoming not possible.
Edit: To clarify, chinese people currently make up over 50% of all the hashtag power of bitcoin mining, but the CCP doesn't. Frankly, it makes sense that the biggest investment into bitcoin is from the largest communist country on the planet. Bitcoin is specifically designed for situations like modern day China.
Well, that's not how China works. If its controlled by a mainland Chinese person, its controlled by the CCP.
There is no law in China. No "ownership". No rights or courts. And its gotten so much worse the past decade under Xi, and its going down ever more rapidly.
Look, just because someone lives in china doesn't make them some part of a hivemind that the CCP can mind control into giving up their bitcoin instantly. That's the point of owning bitcoin. It's a store of value that cannot be taken from you without your consent. People like the chinese citizenry are exactly the kind of people who need cryptocurrency the most. It allows them to bypass their communist government, hence why they're mining it so aggressively.
I think that’s where we’re headed, but the population isn’t quite ready for full scale adoption yet.
The issue is many are hesitant since bitcoin has followed the market with rises and dips ever since much of the volume was bought by many of the same traders who treat it just as a commodity like anything else.
Lately, some have said that it has decoupled enough to go its own way (and increase) in the event of a market crash, but others have also said the opposite
It’s still worth investing in because it shows potential to have its own value in the event of a market crash, but it is understandable why many would take it with a grain of salt
You should always invest with caution. Never invest more than you can afford to lose.
But bitcoin isn't your traditional market, it's designed to become more valuable over time. Sure it's 'volatile' when you compare it's prices to a traditional stock. But it's not stocks. If you look at it as a min 5 year investment, it will change your entire outlook on buying it.
Indeed
Also, dogecoin is training wheels for crypto. Just throwing that out there, not meant to be a true, serious investment
In the event of an economic collapse, bitcoin is the last thing people are thinking about spending what money they have left to get it.
Same with gold.
yea, i'm thinking gold/bitcoin as well but not bitcoin at the high its at now. some are saying its going parabolic, i haven't been following btc long enough to know, but i doubt it will stay at 30k for long, i'd expect it to continue its more linear path. trump could do a credit union, that supports btc lol
Refusing to buy a stock when its at the highest its ever been is a mistake retail investors make? What? How does one make money when investing at a peak?
You never know if it’s the peak until after the peak is over. This could be the peak, but we could also be near the bottom.
This is true.
You give sound investing advice in your second sentence and then give complete nonsense with the third.
Sure, what's high often goes higher, but something that's low that is usually higher is a better investment. Bitcoin has crashed before. And I will note that bitcoin and stocks are not commodities. Corn is a commodity. Corn will always have a value. Bitcoin and a certain stock will not always have a value.
As to timing pullbacks, I'm not advocating that. It is highly risky with dubious reward. The only thing I'm pushing back on is the idea that because something is high that it will go higher.
China ownes 65% of bitcoin.
The CCP or chiinese people? have any links for this?
Ethereum is where it is at
We have a shit load of money between all 75+ million of us. Basically half of the US GDP.
exactly.
Ready to convert dogecoins into magacoins
Stonks
Long time investor shibe here, NEVER! But I'd be interested in new holdings!
1 DOGE = 1 DOGE
MOON INCOMING
Whats this about?
many pedes are voicing that they would love to see Trump start a MAGA bank.
Would be nice, but we all know the outcome of trying to start your own bank.
Another pede was saying to buy a bank and rebrand it?
How about end the Fed and all banks.
Yeah zero chance we get our own bank my company even just started paying bonuses in Bezos Coin🤮
It is still a really bad idea. Banks are extremely over regulated and crooked regulators could do massive damage.
I do love the idea of us focusing more of our money on friendly businesses or with folks that support us instead of hate us and it would be the best thing ever. I just don't think folks realize how modern banks work and how terrible the government and fed can be if they want to be to an industry extremely at their mercy.
Yea the SEC is just there to keep any upstarts from taking over
The rest, like JPMorgan getting slapped with ~1bil $ fine for rigging the gold markets is just the cost of doing business.
"Just start your own bank"
"WTF you can't actually do it, we won't allow it"
"What we meant to say was 'fuck you, you are our slave'"
We need to stop that pussy shit that’s exactly what they want you to think.
Well there are a couple here who believe they would apparently. (-2 downvotes as I type this).
He could send in a MAGA patriot masquerading as an unassuming Liberal. Once the fix is in, and the signature is on the dotted line. CHACHING! POTUS can then swoop in and take over. We must meme this into reality pedes. Meme magic works!!
yea hugee success!
What, that Trump would turn into one of (((THEM)))?
We came, we saw, he died. Kek, kek, kel 🙄
This comment needs to be higher up.
I wont ever join a bank ever again, even a MAGA bank but I would move to a MAGA credit union.
The banking world is rife with evil. A Trump bank or credit union would be a breath of fresh air.
You are likely much better off ... the Woke companies will always donate money to BLM, invest money in hipster business that is bound to go bankrupt, etc ...
Let’s do it!!!
No gay flags on the branch windows either! Gays can come in but they have to agree to our star spangled banner!
This would give Trump unbelievable leverage against the fraudulent illegitimate government.
Just Love💕this ~ especially Real President 👨🏼⚖️🇺🇸
It had to be said <3 thank you
Fed won’t lend to him. FDIC won’t insure him.
America First National Bank
MAGA Bucks Bank
Agree
The idea is of orgasmic proportions! Give me Trump-Everything!
Sign me up.
Oh Yeah!
Money = power. We need to pool our power. I don’t have a lot to give but I will and do whatever to point my spending in the right direction. We need better organization and clear alternatives to Amazon ETC. I actually was wondering if it is less harmful to order our Chinese shit directly from na good or Ali express. Why give this profit to Amazon? Cut out the middle man.
This.
He should make his own cryptocurrency. No government can regulate it
They already did that if they can.
MAGA Millions would flock to such a bank!
with Billions of dollars in tow, fren.
Yes!!!
Guys!? Guys?! Calm down for a second 😆 What is this? Do we have a source where I can understand what this is, please? 😆
Lol. Just something we are kicking around. We want POTUS to start a new bank. Start your prayers fren!
Haha, it sure would be a good idea! 😛
New bank? Fuck that.
End the Fed and end all banks.
Real Bank of America is MAGA bank!!!!
Trump National Bank
You can already use local credit unions, which are usually pretty neutral.
But that's the point. We don't want something neutral. 😎
Would love to do business in MAGABUCKS!
Our own currency! Wow. Watch the commies heads explode!
Buy Bitcoin
I'd be down for a MAGA credit union.
Keep it simple and keep the big banksters out of it.
Same here. I’m tired of mandatory direct deposit but if I have to, I want my money in a financial institution I can’t trust.
In before he puts kushner in charge
Wait until we have real monies not worthless central bank Fed Reserve notes not tied to precious metals. Digital money is an even worse trap, Patriot dollars tied to gold and silver is the only way to break free besides bartering.
Hope there’s enough room for my $218.78 in there!
Trump Trust
Liberty bit coins, or libits for short. Trump’s face on thevstatue of liberty as the logo. Let’s make it happen, boyez!!!!!
This really is something that needs to happen as part of an entire parallel economy. They don't want us to take part in 'their' economy, so let's make our own for Patriots.
A true patriot
Even if he doesn’t you should look at a credit union
I am totally on board.
A new MAGA reserve. Bigly secured and fully audited.
MAJOR UPDOOT!
How many people will really do it when the company u work for has a policy that it won't direct deposit into that bank account.
It is a coordinated attack, by the whole ecosystem.
Parallel economy. Gimme that soft secession.
This would be a good idea, but for one issue. The problem is that they'd be regulated by the Federal Reserve or the OCC. I used to be the Risk Management Officer for a bank, and they scrutinized my work to show the bank's risk profile and balance sheet loss reserve estimates. Those numbers dwarf profit. I cannot imagine that regulators would be fair at all under Yellen leadership. All it takes to shut down a bank is to say that their loss reserves are too low and the bank is undercapitalized. There is no recourse and it can happen quickly. Trump would be better off sticking to consumer products.
Buy some ETH and BTC and have your own new bank
Hell, I would sell a few Bitcoin and help fund that!