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Posted

Or his family and friends.

The idea that Solana, Ripple, or Cardano would be included in a crypto strategic reserve is one of the dumbest things I have ever heard. And yet here we are.

Trump is on social media stating these coins will be part of a strategic reserve:

“directed the Presidential Working Group to move forward on a Crypto Strategic Reserve that includes XRP, SOL, and ADA.”

These coins are not like Bitcoin or Ethereum. They are pseudo-equity in platforms for developers. Or they are just a gambling game (opinions vary though no development of note goes on, so take that for what it is worth), But they are not digital gold like BTC or ETH. This looks and feels like market manipulation. And maybe Trump is the one getting manipulated here. 

Which might be worse than if was doing it for himself.

Drowning in data, but thirsting for knowledge

Posted (edited)
18 minutes ago, Wrestleknownothing said:

What is nanc?


Nancy pelosi ‘s insider trading fund    It does quite well      I think she’s #1 on that insider list fwiw 

The Unusual Whales Subversive Democratic Trading ETF (ticker: NANC) is an exchange-traded fund (ETF) that tracks the stock trades of U.S. Democratic politicians. The fund is designed to mirror the securities purchased and sold by Democratic members of Congress, based on publicly available financial disclosures.

Key Points:

  • Launched by Unusual Whales & Subversive ETFs: Unusual Whales, a platform known for tracking politicians' trades, collaborated with Subversive Capital to create the ETF.
  • Trading Strategy: It invests in stocks that Democratic lawmakers and their families have recently bought, under the assumption that these politicians may have insight into market trends or regulatory changes.
  • Companion ETF: There's a similar ETF for Republican politicians' trades called KRUZ (BATS: KRUZ).
  • Listed on BATS Exchange: The ETF is traded on the Cboe BZX Exchange.

Essentially, NANC is a politically themed ETF that aims to capitalize on the stock picks of Democratic politicians, providing an investment strategy based on their disclosed financial moves.

Edited by Caveira
  • Bob 1
Posted
4 minutes ago, Caveira said:

 

The Unusual Whales Subversive Democratic Trading ETF (ticker: NANC) is an exchange-traded fund (ETF) that tracks the stock trades of U.S. Democratic politicians. The fund is designed to mirror the securities purchased and sold by Democratic members of Congress, based on publicly available financial disclosures.

Key Points:

  • Launched by Unusual Whales & Subversive ETFs: Unusual Whales, a platform known for tracking politicians' trades, collaborated with Subversive Capital to create the ETF.
  • Trading Strategy: It invests in stocks that Democratic lawmakers and their families have recently bought, under the assumption that these politicians may have insight into market trends or regulatory changes.
  • Companion ETF: There's a similar ETF for Republican politicians' trades called KRUZ (BATS: KRUZ).
  • Listed on BATS Exchange: The ETF is traded on the Cboe BZX Exchange.

Essentially, NANC is a politically themed ETF that aims to capitalize on the stock picks of Democratic politicians, providing an investment strategy based on their disclosed financial moves.

Another abuse loophole that needs closing.

  • Bob 1

Drowning in data, but thirsting for knowledge

Posted
8 hours ago, Wrestleknownothing said:

Another abuse loophole that needs closing.

Now that would be something useful for the DOGE crew to be tasked with.

If they are looking for fraud, there it is... and it's been going on for a looong time, regardless of party affiliation.

  • Bob 2
Posted
8 hours ago, RockLobster said:

Now that would be something useful for the DOGE crew to be tasked with.

If they are looking for fraud, there it is... and it's been going on for a looong time, regardless of party affiliation.

Wait a minute RL is that really you? Common ground, who knew. 

  • Bob 1
Posted
On 3/4/2025 at 10:51 AM, Paul158 said:

Wait a minute RL is that really you? Common ground, who knew. 

Deserved or not, I'll accept that one. It's fair enough.

The only problem I have with DOGE vs GIT (Government Insider Trading) is that I doubt we'll ever see it happen.

The GIT is supported by giant sacks of money, and the powerful swampers behind them (the one's who basically buy presidential elections.)

DOGE loses to the GIT every time.

  • Bob 1

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