Trump Media and Technology Group, which owns Truth Social, says focus is ‘long-term product development’ rather than revenue

  • @jaybone
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    67 months ago

    So clearly this is some kind of grift. But how does it work?

    • @[email protected]
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      47 months ago

      Pretty straightforward.

      1. Build idiot following
      2. Develop minimum viable product
      3. Tell idiots if they invest, they’ll help you on your idiotic crusade AND get rich in the process.
      4. Pocket investments for profit.
      5. 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.

    • @barsquid
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      47 months ago

      Tricking clowns into buying wildly overpriced securities and money laundering combo.

    • @Duamerthrax
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      27 months ago

      Data harvesting, direct pipeline to brainwash right wing talking points into voters.