• Nightwingdragon@lemmy.world
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    6 hours ago

    This is and always has been nothing more than a glorified Las Vegas bet on whether or not Trump wins the election. People who think Trump is going to win are trying to get in on as close to the ground floor as possible.

    If Trump loses, the investors lose all their money. Trump’s stock price tanks and his dime store social media platform becomes even more obscure and worthless.

    If Trump wins, Truth Social essentially becomes the official social media platform of the President of the United States. Regardless of what you think of Trump, his platform, or anything else, this will drive people to the site in droves. It will force people to pay attention even if they don’t want to, because at the end of the day, he’ll still be President and that’s where all official information will be disseminated. It will bring in advertising revenue and the people who bought the stock previously will make absolute bank.

    It’s literally the equivalent of taking your entire life savings to the Roulette table and putting it all on #27. You’re probably going to lose everything, but if you win, you’re going to be set for life. That’s what Trump’s investors are doing. Except their odds are much, much better.

    • The Octonaut@mander.xyz
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      6 hours ago
      1. Why would anyone have to sign up to Truth Social to see what he’s posted? Wouldn’t a single bot reposting it elsewhere do the job?

      2. I’m pretty sure Musk is on board to hand him back the POTUS Twitter handle and say any censorship or moderation would be unconstitutional and unpatriotic. Regardless of the result, probably. He will not care if Truth Social tanks if he’s got that.